other material
confidence high
sentiment negative
materiality 0.60
Kisses From Italy amends equity deal with MacRab; price per share cut from $0.10 to $0.001
Kisses From Italy Inc.
- First Amendment to Standby Equity Commitment Agreement reduces reference price in Section 7.2(o) from $0.10 to $0.001 per share.
- Effective date of amendment corrected from March 27, 2023 to March 29, 2023 via this 8-K/A.
- Amendment supersedes original SECA dated November 22, 2021 between Kisses From Italy and MacRab LLC.
- No other terms of the SECA were changed; all other provisions remain in full force and effect.