secwatch.observer — SEC 8-K summary
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Issuer:     MDWerks, Inc. (MDWK)
CIK:        0001295514
Form:       8-K
Filed at:   2022-12-09T23:59:59+00:00
Accession:  0001683168-22-008308
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

MDwerks issues 90M shares on conversion of 900K Series A Preferred by Tradition Reserve
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1295514/000168316822008308/0001683168-22-008308-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1295514/000168316822008308/mdwerks_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-22-008308

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