Highest-materiality recent filing
Beyond Commerce extends Electric Built acquisition deadline for relocation
Electric Built requested extension of SPA termination date beyond October 31, 2022.
Beyond Commerce extends Electric Built acquisition deadline to Oct 31, 2022
Termination date for stock purchase agreement extended from Sept 20 to Oct 31, 2022.
Beyond Commerce signs LOI to acquire Electric Built Inc., appoints Remo Weber as COO
LOI to acquire Electric Built Inc. (EV design/engineering) for $1M in stock; $50k initial restricted shares in escrow.
Beyond Commerce enters $1.2M convertible promissory note with Discover Growth Fund
$1,200,000 principal; $1,000,000 net cash after 20% original issuance discount.
Beyond Commerce signs binding LOI to acquire exclusive U.S. rights to Elettricars' low-speed EV
Deposited $50,000 into escrow; funds returnable if transaction fails, else released to Elettricars.
Beyond Commerce invests $250K in electric last-mile delivery company CityFreighter
Investment via SAFE with a $7.5M post-money valuation cap and automatic conversion upon equity financing.
Beyond Commerce sells $1M Series C convertible preferred; potential 100M share dilution
Sold 10,000 Series C Preferred shares for $1M cash; each share converts to 10,000 common shares at $0.01/share.
Beyond Commerce issues 363M shares to settle Iliad obligation; authorized shares raised to 30B
Issued 363,185,553 restricted shares to Iliad Research and Trading L.P. under July 8, 2021 settlement agreement.
Beyond Commerce issues $1.5M convertible note to CEO for accrued salary
Convertible promissory note of $1.5M issued to Chairman/CEO Geordan Pursglove in satisfaction of accrued salary.
Pursuant to the Letter of Intent, Remo Weber, currently Chief Executive Officer of Electric Built, will be appointed as Chief Operating Officer of the Company in connection with the transaction, on terms and conditions to be negotiated.
Max materiality 0.85 · Median 0.60 · Most common event m_and_a