Mill City Ventures III Reports Key Corporate Events
Ticker: SUIG · Form: 8-K · Filed: Jul 31, 2025 · CIK: 1425355
| Field | Detail |
|---|---|
| Company | Mill City Ventures III, Ltd (SUIG) |
| Form Type | 8-K |
| Filed Date | Jul 31, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, equity-sale, corporate-governance, filing
TL;DR
MCVT filed an 8-K detailing material agreements, equity sales, and leadership changes.
AI Summary
Mill City Ventures III, Ltd. filed an 8-K on July 31, 2025, reporting on several key events as of July 27, 2025. These include entering into a material definitive agreement, unregistered sales of equity securities, changes in directors and officers, amendments to its articles of incorporation or bylaws, and filing financial statements and exhibits. The company was formerly known as Poker Magic Inc. and changed its name on January 29, 2008.
Why It Matters
This 8-K filing signals significant corporate actions and potential changes within Mill City Ventures III, Ltd., which could impact its operational structure and financial standing.
Risk Assessment
Risk Level: medium — The filing indicates multiple significant corporate events, including material agreements and equity sales, which can introduce complexity and potential risks.
Key Numbers
- 20250727 — Date of earliest event (Events reported in the 8-K occurred on or around this date.)
- 20250731 — Filing Date (The date the 8-K was officially filed with the SEC.)
Key Players & Entities
- Mill City Ventures III, Ltd. (company) — Registrant
- Poker Magic Inc. (company) — Former company name
- 001-41472 (company) — SEC File Number
- 90-0316651 (company) — EIN
FAQ
What was the nature of the material definitive agreement entered into by Mill City Ventures III, Ltd.?
The filing does not specify the nature of the material definitive agreement, only that one was entered into.
What were the details of the unregistered sales of equity securities?
The filing indicates unregistered sales of equity securities occurred, but provides no specific details on the amount, price, or parties involved.
Were there any changes in the board of directors or executive officers?
Yes, the filing reports on the departure of directors or certain officers, election of directors, and appointment of certain officers, as well as compensatory arrangements.
Did Mill City Ventures III, Ltd. amend its articles of incorporation or bylaws?
Yes, the filing indicates that amendments to the articles of incorporation or bylaws occurred.
When did Mill City Ventures III, Ltd. change its name from Poker Magic Inc.?
The company changed its name from Poker Magic Inc. on January 29, 2008.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on July 31, 2025 regarding Mill City Ventures III, Ltd (SUIG).