secwatch / observer

SHOREPOWER TECHNOLOGIES INC. — fact timeline

Source-grounded facts extracted from SHOREPOWER TECHNOLOGIES INC.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

AETN SHOREPOWER TECHNOLOGIES INC. JSON
Governance Changes

SHOREPOWER TECHNOLOGIES INC.: Amendment to Certificate of Incorporation to change name to Aeternum Health Inc. and increase authorized common shares to 250 million.

“the Company will file a certificate of amendment to its Certificate of Incorporation to change its name to Aeternum Health Inc. and to increase the number of its authorized shares of common stock to 250 million.”
Governance Changes

SHOREPOWER TECHNOLOGIES INC.: The company ceased to be a shell company as a result of the Merger.

“As a result of the Merger, the Company ceased to be a shell company (as defined in Rule 12b-2 of the Exchange Act) as of the Closing.”
Material Agreements

SHOREPOWER TECHNOLOGIES INC. entered into Stock and Warrant Purchase Agreement with a number of purchasers (each, a “Subscriber”) valued at $660,000 (effective 2022-12-01).

“On December 1, 2022, a number of purchasers (each, a “Subscriber”) purchased from the Company pursuant to a Stock and Warrant Purchase Agreement an aggregate of 11,000,000 shares of Common Stock (the “PIPE Shares”), through the purchase of units at a price of $0.06 per unit”
Material Agreements

SHOREPOWER TECHNOLOGIES INC. entered into Agreement and Plan of Merger with Shurepower, LLC d/b/a Shorepower Technologies (effective 2022-11-23).

“On November 23, 2022, the registrant, United States Basketball League, Inc. (“USBL” or the “Company”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Shurepower, LLC d/b/a Shorepower Technologies (“Shorepower”)”
Material Agreements

SHOREPOWER TECHNOLOGIES INC. entered into Agreement and Plan of Merger with Shurepower, LLC d/b/a Shorepower Technologies, Inc. valued at Merger of Shorepower into USBL, with Shorepower owning 55% of common stock post-closing, subject to (effective 2022-11-23).

“On November 23, 2022 the registrant, United States Basketball League, Inc. (“USBL”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Shurepower, LLC d/b/a Shorepower Technologies, Inc. (“Shorepower”) under which Shorepower will be merged with and into USBL subject to several closing conditions, including satisfactory completion of due diligence reviews by each party to the Merger Agreement, Shorepower providing USBL with the most recent two years of audited financial statements by a PCAOB auditor, USBL authorizing a new class of Series B preferred stock with each Series B preferred share having the voting power of 40 shares of USBL common stock, USBL completing a stock and warrant financing to have a minimum of $480,000 in cash at closing (the “USBL Pre-Merger Financing”) and USBL not having any debt or contingent liabilities of any kind at the time of the closing.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.