secwatch.observer — SEC 8-K summary
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Issuer:     King Resources, Inc. (KRFG)
CIK:        0000774415
Form:       8-K
Filed at:   2025-12-17T23:59:59+00:00
Accession:  0001683168-25-009213
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

King Resources adopts 2026 Stock Incentive Plan, reserving 8M shares for equity grants
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- Plan authorizes ISOs, NSOs, restricted stock, SARs, and RSUs for officers, directors, employees, and consultants.
- Initial share reserve of 8,000,000 shares; annual evergreen increase of 5% of outstanding shares through 2036.
- Plan was approved by written consent of sole director on December 9, 2025.
- Exercise price for options must be at least 100% of fair market value on grant date.
- Options and SARs have a maximum term of 10 years from date of grant.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/774415/000168316825009213/0001683168-25-009213-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/774415/000168316825009213/king_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-25-009213

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