Mill City Ventures III, Ltd. Files 8-K with Key Updates
Ticker: SUIG · Form: 8-K · Filed: Aug 1, 2025 · CIK: 1425355
| Field | Detail |
|---|---|
| Company | Mill City Ventures III, Ltd (SUIG) |
| Form Type | 8-K |
| Filed Date | Aug 1, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, equity-sale, financials
TL;DR
MCVT filed an 8-K on 8/1/25 covering material agreements, equity sales, and financials.
AI Summary
Mill City Ventures III, Ltd. filed an 8-K on August 1, 2025, reporting on several items including the entry into a material definitive agreement, unregistered sales of equity securities, and other events. The filing also includes financial statements and exhibits. The company is incorporated in Minnesota and its principal executive offices are located in Wayzata, MN.
Why It Matters
This 8-K filing provides crucial updates on the company's material agreements, equity transactions, and financial reporting, which are important for investors to understand the company's current operational and financial status.
Risk Assessment
Risk Level: medium — The filing involves material definitive agreements and unregistered sales of equity, which can indicate significant corporate actions and potential dilution, requiring careful investor scrutiny.
Key Players & Entities
- Mill City Ventures III, Ltd. (company) — Registrant
- POKER MAGIC INC (company) — Former company name
- August 1, 2025 (date) — Date of report
- Minnesota (jurisdiction) — State of incorporation
- Wayzata, MN (location) — Principal executive offices
FAQ
What specific material definitive agreement did Mill City Ventures III, Ltd. enter into?
The filing indicates the entry into a material definitive agreement, but the specific details of this agreement are not provided in the provided text.
What was the nature of the unregistered sales of equity securities?
The filing mentions unregistered sales of equity securities, but the specifics regarding the number of shares, price, or purchasers are not detailed in the provided text.
What are the key financial statements and exhibits included in this filing?
The filing states that financial statements and exhibits are included, but the specific content of these documents is not detailed in the provided text.
When was Mill City Ventures III, Ltd. formerly known as POKER MAGIC INC?
The date of the name change from POKER MAGIC INC to Mill City Ventures III, Ltd. was January 29, 2008.
What is the SIC code for Mill City Ventures III, Ltd. and what does it represent?
The Standard Industrial Classification (SIC) code is 6153, which represents Short-Term Business Credit Institutions.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on August 1, 2025 regarding Mill City Ventures III, Ltd (SUIG).