share_log

AERWINS Technologies | 8-K: Current report

SEC announcement ·  Feb 29 11:32
Summary by Futu AI
On February 27, 2024, AERWINS Technologies Inc. reported the completion of a significant transaction involving the sale of 10 million shares of its Common Stock at a par value of $0.000001 per share to an accredited investor for a total of $400,000. This private offering was conducted under the terms of a Subscription Agreement. Following the sale, AERWINS Technologies has a total of 72,688,215 shares of Common Stock outstanding. Additionally, the company has agreed to a Piggyback Registration Rights Agreement with the investor, ensuring the investor's right to register their shares in the event of the company filing any registration statement under the Securities Act of 1933 for its Common Stock. The shares were sold in reliance on exemptions from registration under the Securities Act. The details of the Subscription Agreement and the Piggyback Registration Rights Agreement are referenced in Exhibits 10.1 and 4.1, respectively.
On February 27, 2024, AERWINS Technologies Inc. reported the completion of a significant transaction involving the sale of 10 million shares of its Common Stock at a par value of $0.000001 per share to an accredited investor for a total of $400,000. This private offering was conducted under the terms of a Subscription Agreement. Following the sale, AERWINS Technologies has a total of 72,688,215 shares of Common Stock outstanding. Additionally, the company has agreed to a Piggyback Registration Rights Agreement with the investor, ensuring the investor's right to register their shares in the event of the company filing any registration statement under the Securities Act of 1933 for its Common Stock. The shares were sold in reliance on exemptions from registration under the Securities Act. The details of the Subscription Agreement and the Piggyback Registration Rights Agreement are referenced in Exhibits 10.1 and 4.1, respectively.
Helpful
Not Helpful

This announcement is a separate document:

Doc 1

Doc 2

Doc 3

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content. It is only available to users located outside of China mainland.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.