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

Issuer:     Kaya Holdings, Inc. (KAYS)
CIK:        0001530746
Form:       8-K
Filed at:   2023-03-13T23:59:59+00:00
Accession:  0001903596-23-000178
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.01
LLM model:  deepseek-v4-flash:cloud@v2

Kaya Holdings sells Oregon property and retail cannabis store for ~$500k net proceeds
--------------------------------------------------------------------------------

- Sold Lebanon, OR property for $769,500; net proceeds ~$302k after repaying loans and advances.
- Sold Salem Retail Cannabis Store for $210,000 (less 6% commission); closing pending OLCC approval.
- Combined net proceeds of ~$500k to fund working capital, Oregon Psilocybin business, and Florida Ketamine Clinic.
- CVC International advanced $270k at 10% interest, convertible at $0.08/share, and released $500k mortgage lien.
- Funds also earmarked for resolving three non-performing South Oregon store leases and franchising efforts.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1530746/000190359623000178/0001903596-23-000178-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1530746/000190359623000178/kays_8k.htm
  HTML page:      https://secwatch.observer/filing/0001903596-23-000178

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