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

Issuer:     Fuss Brands Corp. (—)
CIK:        0000926844
Form:       8-K
Filed at:   2023-03-02T23:59:59+00:00
Accession:  0001829126-23-001792
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 1.01, 5.06, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fuss Brands exits shell status via sourcing deal for $925K suitcase sale to RoomWagon
--------------------------------------------------------------------------------

- Entered buying agency agreement with Inter Mutagim Shivuk Vehafatsa Ltd. to source tech suitcases from China.
- Company will sell suitcases to RoomWagon, LLC for $925,000 under a prior purchase order.
- Monthly service fee of $14,500; sales commission of 15% of gross profit; incentive grant of 340,000 shares (4% of outstanding).
- Company states it is no longer a shell company as it is now undertaking more than nominal operations.
- Agreement has initial 6-month term; Agent may earn up to 850,000 shares via referral bonuses.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/926844/000182912623001792/0001829126-23-001792-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/926844/000182912623001792/fussbrands_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-23-001792

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