secwatch.observer — SEC 8-K summary
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Issuer:     Frequency Holdings, Inc (FRQN)
CIK:        0001624517
Form:       8-K
Filed at:   2024-01-16T23:59:59+00:00
Accession:  0001683168-24-000296
Event type: m_and_a
Sentiment:  negative
Materiality: 0.90
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Yuengling's Ice Cream returns all ice cream assets to Mid Penn Bank, cancels $1.19M debt
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- Company assigned all ice cream-related assets to Mid Penn Bank in exchange for cancellation of $1,191,207 in loans.
- Transaction closed Jan 9, 2024; company will wind up, liquidate, and dissolve its operations.
- Debt is fully satisfied; guarantors remain subject to further negotiation with the bank.
- Company's Nevada charter is currently revoked due to failure to file annual reports.
- Original assignor YIC Corporation signed to confirm proper title transfer to the bank.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1624517/000168316824000296/0001683168-24-000296-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1624517/000168316824000296/yuenglings_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-24-000296

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