IIOT-OXYS entered into Amendment No. 1 to its Securities Purchase Agreement with GHS Investments to expand its Series D Convertible Preferred Stock financing. The amendment adds two discretionary additional closings: up to 37 shares for $37,000 plus 3 incentive shares, and up to 27 shares for $27,000 plus 3 incentive shares, and increases total authorized Series D shares under the SPA to 167. On June 16, 2026, the company issued 30 shares under the Third Additional Closing, including 27 purchased for $27,000 and 3 incentive shares.
Agreement details:
- Agreement type: Amendment to Securities Purchase Agreement for Series D Preferred financing
- Counterparty: GHS Investments
- Signed / Effective: Jun 12 2026 / Jun 12 2026
- Duration / Termination: At will
- Reason: Raise additional working capital through equity financing
Original SEC Filing:
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.
