secwatch.observer — SEC 8-K summary
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Issuer:     Bubblr Inc. (BBLR)
CIK:        0001873722
Form:       8-K
Filed at:   2023-04-12T23:59:59+00:00
Accession:  0001663577-23-000177
Event type: leadership
Sentiment:  positive
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bubblr appoints Paul Morrissey to Board; grants option for 1.92M shares at $0.16
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- Annual fee of $300K, reduced to $120K until $5M in capital is secured; 60% deferred.
- Option to purchase 1,920,000 shares at $0.16 per share; 40% vest after 90 days, 60% monthly over 2 yrs.
- Severance of 6 months' base pay for termination without cause or constructive termination.
- Two-year non-solicit covenant; appointment effective April 6, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1873722/000166357723000177/0001663577-23-000177-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1873722/000166357723000177/bblr8k041123.htm
  HTML page:      https://secwatch.observer/filing/0001663577-23-000177

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