secwatch.observer — SEC 8-K summary
======================================

Issuer:     Trans American Aquaculture, Inc (GRPS)
CIK:        0001990446
Form:       8-K
Filed at:   2026-04-02T23:59:59+00:00
Accession:  0001683168-26-002601
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Trans American Aquaculture raises $59K via Series D Preferred Stock and warrants to GHS Investments
--------------------------------------------------------------------------------

- Issued 59 shares of Series D Preferred at $1,000/share plus 6 commitment shares; stated value $1,200/share.
- Warrants for 243,750,000 common shares at $0.000161/share, expiring March 2031, with full-ratchet anti-dilution.
- 8% annual dividend on stated value payable quarterly in cash or additional Series D shares at company's option.
- Up to 13 additional Series D shares may be sold to GHS at $1,000/share upon filing of 10-K and satisfying equity conditions.
- Securities sold under Section 4(a)(2) and Rule 506 of Regulation D; purchaser represented as accredited investor.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1990446/000168316826002601/0001683168-26-002601-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1990446/000168316826002601/transaqua_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-26-002601

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