secwatch.observer — SEC 8-K summary
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Issuer:     Bubblr Inc. (BBLR)
CIK:        0001873722
Form:       8-K
Filed at:   2022-06-01T23:59:59+00:00
Accession:  0001663577-22-000337
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 3.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bubblr adopts 2022 equity incentive plan, grants RSUs to CEO and CCO, amends founder loan
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- 2022 Equity Incentive Plan approved; 28.4M shares authorized for issuance through May 25, 2032.
- CEO Rik Willard receives 5.4M RSUs (2.7M/year vesting) and $144k salary, rising to $180k after $5M capital raise.
- CCO Steven Saunders receives 3.0M RSUs (1.5M/year vesting) and same salary terms as CEO.
- Founder Stephen Morris loan amended: maturity on earlier of $7.5M offering or 2 years; £115k due after $1.5M bridge.
- Stephen Morris resigned from board May 30, 2022; no disagreement; remains CTO.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1873722/000166357722000337/0001663577-22-000337-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1873722/000166357722000337/bblr8k.htm
  HTML page:      https://secwatch.observer/filing/0001663577-22-000337

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