secwatch.observer — SEC 8-K summary
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Issuer:     Kisses From Italy Inc. (KITL)
CIK:        0001608092
Form:       8-K
Filed at:   2023-06-30T23:59:59+00:00
Accession:  0001683168-23-004577
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kisses from Italy amends warrant with Jefferson Street Capital; issues 3M shares
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- Entered Amendment to Common Stock Purchase Warrant (dated May 24, 2023) with Jefferson Street Capital LLC on June 21, 2023.
- Amendment excludes stock issuances to MacRab LLC, officers, directors, vendors, and suppliers from exercise price adjustment.
- In consideration, company issued 3,000,000 shares of common stock to lender.
- Shares issued without registration under Section 4(2) of Securities Act and Regulation D to an accredited investor.
- Warrant originally allows purchase of up to 1,000,000 shares at $0.10 per share, exercisable cashless unless registration effective.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1608092/000168316823004577/0001683168-23-004577-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1608092/000168316823004577/kisses_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-004577

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