other material
confidence high
sentiment neutral
materiality 0.55
VNUE enters consulting agreement with Redhawk for national exchange listing assistance
VNUE, Inc.
- Retainer fee of $180K cash or $200K in preferred shares payable within 5 days of signing.
- Success fee upon national exchange listing: greater of $720K cash/restricted at 80% of closing price or 5% of fully diluted common stock.
- Agreement term is 12 months; services include introductions to legal, auditors, and broker-dealers.
- Consultant may not receive securities if it would cause beneficial ownership over 4.9% of outstanding common stock.
- Consultant to advise on recapitalization, due diligence packages, and corporate presentations for listing.