Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | OLKR | Series F Convertible Preferred Stock | Other | $0 | -1M | -11.52% | $0.00 | 7.68M | Jul 13, 2021 | Direct | |
transaction | OLKR | Common Stock | Other | $1.24T | +7.68M | $161,841.00* | 7.68M | Jul 13, 2021 | Direct |
Mid Atlantic Capital Associates Inc. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
On July 13, 2021, pursuant to a Securities Exchange Agreement between W Technologies, Inc. (the "Company") and Mid Atlantic Capital Associates, Inc. ("MACA"), the Company issued 7,678,732 shares of Common Stock to MACA in exchange for the extinguishment of an amount owed to MACA pursuant to a promissory note of $161,841, and the transfer to the Company of 1,000,000 shares Series F Convertible Preferred Stock, par value $0.0001 per share of the Company (the "Series F Stock") held by MACA, which the Company redeemed and returned to authorized but unissued shares of Series F Stock so that there was no outstanding shares of Series F Stock, and such debt owed by the Company to MACA been satisfied and forgiven on same date. Prior to July 13, 2021, MACA owned 1,000,000 shares of Series F Stock. Each share of Series F Stock was convertible into 200 shares of common stock, par value $0.0001 per share of the Company at any time at the option of the holder, and had the equivalent of 200 million votes for matters submitted to the stockholders of the Company.