secwatch.observer — SEC 8-K summary
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Issuer:     Winvest Group Ltd (WNLV)
CIK:        0001558740
Form:       8-K
Filed at:   2024-03-26T23:59:59+00:00
Accession:  0001829126-24-001888
Event type: other_material
Sentiment:  negative
Materiality: 0.90
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Winvest Group issues 616.7M common shares upon Series A preferred conversions; shares outstanding surge to 635M
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- Feb 23: 607.5M common shares issued to directors on conversion of 12.15M Series A preferred.
- Feb 27: 9.2M common shares issued to Infinity Fund Australia on conversion of 9.2M Series A preferred.
- Total common shares outstanding increased from ~18.3M to ~635M, a roughly 34x dilution.
- Series A preferred outstanding reduced by 12.15M shares to 215.7M shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1558740/000182912624001888/0001829126-24-001888-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1558740/000182912624001888/winvestgroup_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-24-001888

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