secwatch.observer — SEC 8-K summary
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Issuer:     Quality Industrial Corp. (QIND)
CIK:        0001393781
Form:       8-K
Filed at:   2021-08-18T23:59:59+00:00
Accession:  0001663577-21-000444
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wikisoft amends Triton Funds purchase agreement to $1M with VWAP pricing
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- New agreement: up to $1M in tranches of $100K at 85% of lowest 5-day VWAP, replacing original $750K fixed-price deal.
- Triton returns warrant for 500K shares (nullified); Company issues additional 25,000 shares as fee.
- Closing conditioned on effective registration; Triton ownership capped at 4.99%.
- Amendment extends purchase period through June 30, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1393781/000166357721000444/0001663577-21-000444-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1393781/000166357721000444/wsft8k.htm
  HTML page:      https://secwatch.observer/filing/0001663577-21-000444

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