IIOT-OXYS sells up to $88k Series D convertible preferred to director-controlled investor

IIOT-OXYS, Inc.

Initial closing: 47 shares issued for $43k cash + 4 incentive shares; additional closing up to 50 shares for $45k at GHS's option after 10-K filing.
Preferred stock convertible into common; company reserved 150M shares (2x coverage) for conversion.
Events of default trigger redemption at 135% of stated value; includes failure to file 10-K on time (30-day grace).
Finder's fee of $1,760 (2% of gross proceeds) paid to J.H. Darbie & Co. for initial closing.
Investment from GHS Investments owned by three of four directors (Hajee, Grober, Schissler), a related-party transaction.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

IIOT-OXYS, Inc. entered into Securities Purchase Agreement with GHS Investments, LLC valued at up to $88,000 (effective 2026-03-06).

Action: entry
Agreement: equity purchase
Counterparty: GHS Investments, LLC
Value: up to $88,000
Effective: 2026-03-06

Exact text from the filing

On March 6, 2026, IIOT-OXYS, Inc., a Nevada corporation (the “ Company ”), entered into a Securities Purchase Agreement (the “ SPA ”) with GHS Investments, LLC (“ GHS ”) for the purchase and sale of up to ninety-seven (97) shares of the Company’s Series D Convertible Preferred Stock (the “ Preferred Stock ”) for an aggregate purchase price of up to $88,000.

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IIOT-OXYS, Inc. filing history →

Source: SEC EDGAR

accession 0001683168-26-001719

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