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confidence medium
sentiment neutral
materiality 0.60
TPT Global Tech designates 11M preferred shares; subsidiary signs Smash Mouth documentary deal
TPT GLOBAL TECH, INC.
- Designated 8M shares of Series F Convertible Preferred Stock and 3M shares of Series G, effective June 8, 2024.
- Blue Collar Productions signed exclusive agreement with Smash Mouth to produce a documentary on the band's origin story.
- Blue Collar cites growing music-documentary demand; distribution planned via VüMe super app launching later this year.
- No financial terms disclosed for the Smash Mouth deal or preferred share conversion terms.