IIOT-OXYS entered into a Securities Purchase Agreement with GHS Investments to sell up to 97 shares of Series D Convertible Preferred Stock for up to $88,000. The deal includes an initial closing of 47 shares, with 43 purchased for $43,000 and 4 issued as an equity incentive, and an additional closing of up to 50 shares at GHS’s discretion following the 2025 Form 10-K, with 45 purchased for $45,000 and 5 issued as an equity incentive. Terms include a 135% redemption upon default, a 30% discount conversion feature in a qualified bank-underwritten offering, participation rights, MFN protections, and a 150,000,000-share common stock reserve. The company paid a 2% finder’s fee at the initial closing.
Agreement details:
- Agreement type: Securities Purchase Agreement for Series D Convertible Preferred Stock
- Counterparty: GHS Investments
- Signed / Effective: Mar 06 2026 / same
- Duration / Termination: At will
- Reason: Raise capital and secure flexible financing options
Original SEC Filing:
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