secwatch.observer — SEC 8-K summary
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Issuer:     Fabric.AI, Inc. (FABC)
CIK:        0001086745
Form:       8-K
Filed at:   2025-08-01T23:59:59+00:00
Accession:  0001641172-25-021921
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AYRO adopts shareholder rights plan (poison pill) with 10% trigger
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- Rights dividend of one preferred share purchase right per common share, record date Aug 11, 2025.
- Exercise price $30 per 1/1000th of Series A Junior Participating Preferred Stock; expires July 31, 2028.
- Rights become exercisable if a person or group acquires 10% (20% for passive investors) of AYRO stock.
- Board may redeem rights at $0.01 per right at any time before an acquiring person becomes such.
- Stockholder approval required by 2026 annual meeting; if not obtained, rights expire earlier.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1086745/000164117225021921/0001641172-25-021921-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1086745/000164117225021921/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-021921

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