Scott Conant
Scott Conant resigned from the board of directors of the Company, effective immediately.
Highest-materiality recent filing
Kisses From Italy removed from OTCQB for failing to meet $0.01 minimum bid price
Received OTC notice on July 16, 2024; cure period ended July 12, 2024 without compliance.
Kisses from Italy dismisses BF Borgers as auditor; OTCQB compliance deadline extended to July 12
Dismissed BF Borgers CPA P.C. as independent auditor effective May 3, 2024, due to SEC barring BF Borgers from appearing before it.
Kisses from Italy receives OTCQB deficiency notice for bid price below $0.01
OTC Markets notified company that bid price closed below $0.01 for over 30 consecutive days; no longer meets OTCQB standards.
Kisses from Italy terminates strategic alliance with SC Culinary; director Scott Conant resigns
Mutually terminated Strategic Alliance Agreement with SC Culinary LLC effective Feb 8, 2024; no further obligations under the agreement.
Kisses From Italy amends equity deal with MacRab; price per share cut from $0.10 to $0.001
First Amendment to Standby Equity Commitment Agreement reduces reference price in Section 7.2(o) from $0.10 to $0.001 per share.
Extended Commitment Period from 24 to 36 months from Nov 22, 2021, now expiring ~Nov 2024.
Kisses from Italy issues $115K 10% promissory note to Coventry Enterprises with equity kickers
Issued $115,000 10% promissory note to Coventry Enterprises; net proceeds $105,000 after $10,000 original issue discount.
Issued $115,000 principal 10% promissory note to GS Capital Partners; net proceeds $105,000 after $10,000 OID.
Kisses from Italy amends warrant with Jefferson Street Capital; issues 3M shares
Entered Amendment to Common Stock Purchase Warrant (dated May 24, 2023) with Jefferson Street Capital LLC on June 21, 2023.
Kisses From Italy (KITL) signs strategic alliance with SC Culinary LLC (Scott Conant) to develop a new fast-casual brand; Fransmart to lead global franchise development.
Kisses From Italy secures $7.5M standby equity commitment from MacRab LLC
Up to $7,500,000 in common stock sales over 24 months at 90% of 6-day VWAP.
Scott Conant resigned from the board of directors of the Company, effective immediately.
The Board of Directors (the “Board”) of Kisses From Italy, Inc. (the “Company”) has appointed Scott Conant to serve as a member of the Board, effective October 10, 2023
Max materiality 0.80 · Median 0.60 · Most common event other_material