NEXT-ChemX Corporation. - May 29, 2024 Form 3 Insider Report for NEXT-ChemX Corporation. (CHMX)

Signature
/s/ Benton H Wilcoxon
Stock symbol
CHMX
Transactions as of
May 29, 2024
Transactions value $
$0
Form type
3
Date filed
6/24/2024, 12:34 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CHMX SERIES A PREFERRED STOCK 10K May 29, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported issuance of Series A Preferred Stock is controlled by NEXT-ChemX Corporation's Board of Directors. Each share of the Series A Preferred Stock shall be entitled to Five Hundred (500) votes on any matter on which any of the shareholders are required or permitted to vote. Each Series A Preferred Share (par value $0.001) shall be convertible at any time from and after issuance into Two Hundred Fifty (250) shares of the Corporation's Common Stock (par value $0.001). In the event that any shares of the Series A Preferred Stock are not converted into the Corporation's Common Stock on or before 5:00 P.M., Las Vegas, Nevada time January 1, 2026 then each such outstanding shares of the Series A Preferred Stock shall be automatically converted into Two Hundred Fifty (250) shares of the Corporation's Common Stock (par value $0.001).