InvestmentAug 12, 2026, 01:36 PM
IIOT-OXYS Amends SPA, Issues $37K Preferred Stock to GHS Investments
AI Summary
IIOT-OXYS, Inc. entered into Amendment No. 2 to its Securities Purchase Agreement with GHS Investments, LLC, adding a Fourth Additional Closing. This amendment allows GHS to purchase 37 shares of Series D Convertible Preferred Stock for $37,000, along with 3 incentive shares. The company subsequently issued these 40 shares to GHS, increasing the total authorized Series D Convertible Preferred Stock under the agreement to 207 shares and the total potential cash funding to $189,000. The proceeds are designated for the preparation of the company's Quarterly Report on Form 10-Q for Q2 2026 and related operating expenses.
Key Highlights
- IIOT-OXYS entered Amendment No. 2 to its Securities Purchase Agreement with GHS Investments, LLC.
- The amendment adds a Fourth Additional Closing for Series D Convertible Preferred Stock.
- GHS Investments purchased 37 shares for $37,000 and received 3 additional incentive shares.
- A total of 40 Series D Convertible Preferred Stock shares were issued to GHS Investments.
- The total authorized Series D Convertible Preferred Stock under the SPA is now 207 shares.
- Total potential cash funding under the amended SPA is $189,000.
- Funds are intended for Q2 2026 10-Q preparation and related operating expenses.
Price Impact
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