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Change in control at AXIM Biotechnologies; CEO John Huemoeller dies, Catalina Valencia named President
Kettner Investments acquires control via Series C Preferred Stock transfer from Juniper & Ivy and Medical Marijuana, Inc.
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AXIM issues $814,555 in convertible notes and restricted stock for past-due compensation
Issued $814,555 convertible notes to directors, officers, contractors, and Sapphire employees to settle past salaries/fees.
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AXIM Biotechnologies settles IMS litigation; to issue 20M restricted shares plus cash and royalties
Settlement with Innovative Medical Supplies resolves two lawsuits; no admission of wrongdoing.
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Axim Biotech enters up to $750K convertible note deal with affiliate Medical Marijuana Inc
Initial $100,000 note issued Dec 26, 2023; MJNA can purchase up to $750,000 total by June 26, 2025.
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AXIM Biotechnologies enters $20M equity purchase agreement with Cross & Company
Equity Purchase Agreement for up to $20M of common stock with an institutional investor (Cross & Company).
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AXIM Biotechnologies issues $575K in convertible notes with 3.75% interest and variable conversion price
Aggregate principal of $575,000: $325,000 cash from four notes, $250,000 to repay prior advances.
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AXIM Biotechnologies appoints Kurt Phinney as COO; grants option for 2M shares
Kurt Phinney appointed COO effective May 23, 2023; minimum six-month term.
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AXIM cures defaults on $5.3M in debt, cuts conversion prices, gives CEO $250K note for back pay
TL-66 waives $216,572 interest on $934,478 secured notes; conversion price cut to $0.04 from $0.2201.
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AXIM signs exclusive global licensing deal with Verséa for dry eye diagnostic tests
Five-year License and Distribution Agreement with Verséa for global sale of AXIM's point-of-care ocular diagnostics.
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AXIM issues 13.86M restricted shares in two private placements for $350K total
Issued 3,861,004 restricted shares to affiliate Catalina Valencia for $100,000 ($0.0259/share).
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AXIM shifts COVID-19 NAb test to RUO; separates from Empowered Diagnostics
COVID-19 NAb test now offered For Research Use Only after FDA changed priorities from qualitative testing.
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AXIM raises $1.825M in new debt; retires $1.11M GS Capital note
Issued two $250K short-term notes (1.5% interest, due March 10, 2022); one repaid on Feb 14.
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AXIM appoints Blake N. Schroeder as director to fill vacancy, effective Jan 6, 2022
Schroeder replaces Mauricio Javier Gatto-Bellora, appointed by written consent of Series C preferred stockholder.
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AXIM Biotechnologies director Mauricio Gatto Bellora resigns
Mauricio Gatto Bellora resigned from the Board of Directors effective January 4, 2022.
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AXIM Biotech signs binding term sheet to acquire FDA-cleared dry eye tests, paying 7M shares
AXIM to acquire two FDA-cleared dry eye diagnostic tests from Advanced Tear Diagnostics for 7M restricted shares.