secwatch.observer — SEC 8-K summary
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Issuer:     King Resources, Inc. (KRFG)
CIK:        0000774415
Form:       8-K
Filed at:   2022-06-22T23:59:59+00:00
Accession:  0001683168-22-004496
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

King Resources enters $20M equity purchase agreement with Williamsburg Venture Holdings
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- Up to $20M of common stock may be sold to Williamsburg over commitment period ending June 2025.
- Purchase price set at 88% of lowest traded price during the 5 trading days after each put.
- Company issued 525M commitment shares as consideration for the investor's obligations.
- Registration Rights Agreement filed to register shares issuable under the facility.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/774415/000168316822004496/0001683168-22-004496-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/774415/000168316822004496/kingresources_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-22-004496

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