secwatch.observer — SEC 8-K summary
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Issuer:     GIVBUX, INC. (GBUX)
CIK:        0001169138
Form:       8-K
Filed at:   2026-06-05T16:13:04+00:00
Accession:  0001640334-26-001001
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GivBux issues 1M super-voting Series C Preferred shares to founder to cancel $1K debt
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- Issued 1,000,000 restricted Series C Preferred shares to founder Kenyatto M. Jones.
- Each share carries 5,000 votes; shares are not convertible into common stock.
- Consideration was $1,000 through cancellation of debt owed by the Company to Mr. Jones.
- Transaction occurred on May 29, 2026; reported as an unregistered sale of equity.
- Founder's voting control significantly increased via super-voting preferred stock.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1169138/000164033426001001/0001640334-26-001001-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1169138/000164033426001001/gbux_8k.htm
  HTML page:      https://secwatch.observer/filing/0001640334-26-001001

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer