MetAlert Inc. Files 8-K on Agreements and Equity Sales
Ticker: MLRT · Form: 8-K · Filed: Sep 13, 2024 · CIK: 1375793
| Field | Detail |
|---|---|
| Company | Metalert, Inc. (MLRT) |
| Form Type | 8-K |
| Filed Date | Sep 13, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $345,000, $45,000, $50,000, $300,000, $0.035 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, equity-sale, corporate-update
TL;DR
MetAlert Inc. filed an 8-K detailing new agreements and equity sales; check for details.
AI Summary
MetAlert Inc. filed an 8-K on September 13, 2024, reporting on a material definitive agreement, unregistered sales of equity securities, and financial statements. The filing also notes the company's previous names, GTX Corp and DEEAS Resources Inc., with name changes occurring in 2008 and 2006 respectively. The company is incorporated in Nevada and its fiscal year ends on December 31.
Why It Matters
This 8-K filing provides updates on significant corporate actions, including material agreements and equity transactions, which could impact the company's financial structure and future operations.
Risk Assessment
Risk Level: medium — The filing involves material definitive agreements and unregistered sales of equity, which can introduce financial and operational risks.
Key Numbers
- 000-53046 — SEC File Number (Identifies the company's filing with the SEC.)
- 98-0493446 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- MetAlert Inc. (company) — Registrant
- GTX Corp (company) — Former company name
- DEEAS Resources Inc. (company) — Former company name
- Nevada (jurisdiction) — State of incorporation
- September 13, 2024 (date) — Date of report
- August 5, 2024 (date) — Date of earliest event reported
FAQ
What is the nature of the material definitive agreement mentioned in the filing?
The filing indicates a 'Material Definitive Agreement' was entered into, but the specific details of this agreement are not provided in the excerpt.
What type of equity securities were sold unregistered?
The filing mentions 'Unregistered Sales of Equity Securities' but does not specify the type or amount of securities sold in this excerpt.
When did MetAlert Inc. change its name from GTX Corp?
The date of name change from GTX Corp was March 13, 2008.
What is MetAlert Inc.'s primary industry classification?
MetAlert Inc. is classified under STANDARD INDUSTRIAL CLASSIFICATION: RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663].
What is the company's business address?
The company's business address is 117 West 9th Street, Suite 1214, Los Angeles, CA 90015.
Filing Stats: 1,192 words · 5 min read · ~4 pages · Grade level 13 · Accepted 2024-09-13 17:20:14
Key Financial Figures
- $345,000 — ust 5, 2024, in the principal amount of $345,000, including $45,000 of original issue di
- $45,000 — principal amount of $345,000, including $45,000 of original issue discount (OID). The N
- $50,000 — ny receiving the first of six scheduled $50,000 tranches, a total of $300,000, the last
- $300,000 — scheduled $50,000 tranches, a total of $300,000, the last of such tranches being schedu
- $0.035 — on stock at a fixed conversion price of $0.035 per share or, if converted into shares
- $150,000 — on which Investor shall have delivered $150,000 under the Note), the Company shall accr
- $5.00 — ccrue a Royalty in favor of Investor of $5.00 per Unit and, within ten (10) business
Filing Documents
- form8-k.htm (8-K) — 46KB
- ex10-1.htm (EX-10.1) — 136KB
- ex10-2.htm (EX-10.2) — 6KB
- ex10-3.htm (EX-10.3) — 56KB
- ex10-4.htm (EX-10.4) — 109KB
- ex10-2_001.jpg (GRAPHIC) — 577KB
- ex10-2_002.jpg (GRAPHIC) — 592KB
- ex10-2_003.jpg (GRAPHIC) — 615KB
- ex10-2_004.jpg (GRAPHIC) — 587KB
- ex10-2_005.jpg (GRAPHIC) — 620KB
- ex10-2_006.jpg (GRAPHIC) — 220KB
- ex10-2_007.jpg (GRAPHIC) — 101KB
- 0001493152-24-036239.txt ( ) — 5146KB
- mlrt-20240913.xsd (EX-101.SCH) — 3KB
- mlrt-20240913_lab.xml (EX-101.LAB) — 33KB
- mlrt-20240913_pre.xml (EX-101.PRE) — 24KB
- form8-k_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunder duly authorized. METALERT, INC. Dated: September 13, 2024 By: /s/ Patrick Bertagna Patrick Bertagna Chief Executive Officer