other material
confidence high
sentiment negative
materiality 0.75
MDwerks issues 90M shares on conversion of 900K Series A Preferred by Tradition Reserve
MDWerks, Inc.
- 900,000 shares of Series A Preferred converted into 90,000,000 common shares on Dec 6, 2022.
- Conversion ratio 1:100; holder Tradition Reserve I LLC distributed shares to its members.
- Post-conversion: 108,010,208 common shares and 9,100,000 Series A Preferred shares outstanding.
- Issuance exempt under Securities Act Section 3(a)(9); no commissions paid.