Frequency Holdings, Inc completed an acquisition involving ReachOut Technology Corp., a Delaware corporation for issuance of such number of shares of newly created Series C Preferred Stock, par value $0.0001 per share of Company (the “Series C Preferred Stock”) which, coll (closed 2023-11-07).
“On November 7, 2023, Yuengling’s Ice Cream Corporation (the “Company” or “YCRM”) entered into an Share Exchange Agreement (the “Share Exchange Agreement”) with ReachOut Technology Corp., Delaware corporation, (“ReachOut”), pursuant to which the shareholders of ReachOut (the “Shareholders”) agreed to sell 100% of the issued and outstanding shares of ReachOut to the Company in exchange for the issuance of such number of shares of newly created Series C Preferred Stock, par value $0.0001 per share of Company (the “ Series C Preferred Stock ”) which, collectively, shall be convertible into that number of shares of common stock of the Company which shall equal Eighty-Seven Point Five Percent (87.5%) of the total issued and outstanding shares of common stock of the Company as determined at the consummation of the Acquisition (on a fully diluted basis for a period of twenty-four (24) months) as set forth in the certificate of designation to be filed at Closing for Series C Preferred Stock.”
Material Agreements
Frequency Holdings, Inc entered into Asset Purchase Agreement with Singer Networks L.L.C. valued at $121,413 (effective 2024-04-08).
“On April 8, 2024, ReachOut Technology Corp. (“ReachOut”), a wholly-owned subsidiary of Yuengling’s Ice Cream Corporation (the “Company” or “YCRM”) entered into an Asset Purchase Agreement (the “Asset Purchase Agreement”) with Singer Networks L.L.C., an Illinois limited liability company (“Singer”), pursuant to which Lisa Singer, (the sole member of Singer) agreed to sell 100% of the assets of Singer to the Company in exchange for $121,413, which was paid by ReachOut to Seller at Closing on April 9, 2024, and 750,000 newly created preferred shares in the Company, each share of which shall have a stated value of $1.00, (the “Preferred Shares”).”
Governance Changes
Frequency Holdings, Inc: Changed fiscal year end from October 31 to December 31 (effective 2024-03-27).
“The Board of Directors of Yuengling’s Ice Cream Corporation (the “Company”) approved on March 27, 2024, a change in the Company’s fiscal year end from October 31st to December 31st of each year.”
M&A Transactions
Frequency Holdings, Inc completed a disposition involving Mid Penn Bank for cancelling two loans with a combined balance of $1,191,207.05 (closed 2024-01-09).
“On January 9, 2024, Yuengling’s Ice Cream Corporation executed an Assignment of Assets for Cancellation of Debt Agreement with Mid Penn Bank to return its ice cream-related assets in exchange for the bank cancelling two loans with a combined balance of $1,191,207.05.”
Kingsley Charles was appointed as Director at Frequency Holdings, Inc.
“Mr. Harrington and Mr. Charles were both appointed Directors.”
Kevin Harrington was appointed as Director at Frequency Holdings, Inc.
“Mr. Harrington and Mr. Charles were both appointed Directors.”
Rick Jordan was appointed as Chairman, Chief Executive Officer, President, Secretary and Treasurer at Frequency Holdings, Inc.
“Mr. Richard Jordan was appointed Chairman of the Board, Chief Executive Officer, President, Secretary and Treasurer.”
Robert Bohorad resigned as Officer and Director at Frequency Holdings, Inc.
“Everett Dickson and Robert Bohorad resigned from all officer and director positions with the Company.”
Everett Dickson resigned as Officer and Director at Frequency Holdings, Inc.
“Everett Dickson and Robert Bohorad resigned from all officer and director positions with the Company.”
Material Agreements
Frequency Holdings, Inc entered into Share Exchange Agreement with ReachOut Technology Corp. valued at Acquisition of 100% of ReachOut shares in exchange for Series C Preferred Stock convertible into 87. (effective 2023-11-07).
“On November 7, 2023, Yuengling’s Ice Cream Corporation (the “Company” or “YCRM”) entered into an Share Exchange Agreement (the “Share Exchange Agreement”) with ReachOut Technology Corp., Delaware corporation, (“ReachOut”), pursuant to which the shareholders of ReachOut (the “Shareholders”) agreed to sell 100% of the issued and outstanding shares of ReachOut to the Company in exchange for the issuance of such number of shares of newly created Series C Preferred Stock, par value $0.0001 per share of Company (the “ Series C Preferred Stock ”) which, collectively, shall be convertible into that number of shares of common stock of the Company which shall equal Eighty-Seven Point Five Percent (87.5%) of the total issued and outstanding shares of common stock of the Company as determined at the consummation of the Acquisition (on a fully diluted basis for a period of twenty-four (24) months) as set forth in the certificate of designation to be filed at Closing for Series C Preferred Stock.”
Material Agreements
Frequency Holdings, Inc entered into a license with GPO Plus, Inc. (OTCQB: GPOX) (effective 2022-12-09).
“On December 9, 2022, Yuengling’s Ice Cream Corporation (the “Company”) entered into an exclusive licensing agreement with GPO Plus, Inc. (OTCQB: GPOX).”
Charles Green was appointed as President, Chief Executive Officer, and Director at Frequency Holdings, Inc.
“Green will become President, Chief Executive Officer, and a Director”
Robert C. Bohorad departed as Chief Operating Officer and Chief Financial Officer at Frequency Holdings, Inc.
“Bohorad will resign as President and Chief Executive Officer and become the Chief Operating Officer and Chief Financial Officer”
Robert C. Bohorad was appointed as President and Chief Executive Officer at Frequency Holdings, Inc.
“Robert C. Bohorad has been appointed as the new President and Chief Executive Officer effective immediately.”
Everett M. Dickson changed role as President and Chief Executive Officer at Frequency Holdings, Inc.
“Everett M. Dickson, has elected to step down as President and Chief Executive Officer, and retain, his current position, as sole director and chairman of the board effective immediately.”
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.