secwatch.observer — SEC 8-K summary
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Issuer:     Kinetic Seas Inc. (KSEZ)
CIK:        0001945619
Form:       8-K
Filed at:   2023-12-22T23:59:59+00:00
Accession:  0001683168-23-009054
Event type: other_material
Sentiment:  positive
Materiality: 0.90
Item codes: 1.01, 3.02, 5.01, 5.02, 5.06
LLM model:  deepseek-v4-flash:cloud@v2

Bellatora appoints new directors controlling 84%, enters AI hosting, R&D, consulting
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- New directors: Edward Honour (Chairman, CEO), Jeffrey Lozinski (COO), Joseph Lehman (CTO), Robert Jackson appointed.
- New directors and affiliates acquired 22.6M shares, giving 84% control of outstanding common stock.
- Company sold 21.6M shares at $0.001/share, commenced offering up to 10M shares at $0.05 (1M sold to affiliate).
- Company to exit shell status and enter AI hosting, R&D, and consulting; name change to Kinetic Seas, Inc. proposed.
- Erik Nelson resigned as CFO and President, remains Secretary; no compensation agreements with new officers yet.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1945619/000168316823009054/0001683168-23-009054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1945619/000168316823009054/bellatora_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-009054

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