Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BZRD | Common Stock | Other | $0 | -527M | -87.84% | $0.00 | 72.9M | Jun 5, 2024 | Sole Member Lykato Group, LLC | |
transaction | BZRD | Series A Preferred Stock | Other | $0 | -2.55K | -100% | $0.00* | 0 | Jun 5, 2024 | Sole Member Lykato Group, LLC |
On June 5, 2024, Blubuzzard, Inc., a Delaware Corporation (the "Company"), entered into a Control Change Agreement (the "Agreement") by and among Lykato Group, LLC, a Florida Limited Liability Company ("LGL"), Blubuzzard, Inc. ("BZRD") and CRS Consulting LLC, a Wyoming Limited Liability Company ("CRS"), pursuant to which, on June 5, 2024, ("Closing Date"), LGL transferred 527,051,684 shares of its BZRD common stock to CRS and 2,550 shares of its BZRD Convertible Series A Preferred Stock, collectively (the "Shares"). The consummation of the transactions resulted in a change in control of the Company, with CRS becoming the Company's largest controlling stockholder, holding 72.25% voting control. Additionally, LGL retains 72,948,316 common shares of BZRD, representing 10% voting control. There was no monetary consideration paid pursuant to the above transaction. The sole shareholder of Lykato Group, LLC, a Florida Limited Liability Company, is James Xilas. CRS Consulting, LLC is collectively controlled equitably by its members Jeffrey DeNunzio, Thomas DeNunzio, and Paul Moody.