KeyStar Corp. Reports Financial Obligation
Ticker: VIPZ · Form: 8-K · Filed: May 17, 2024 · CIK: 1832161
| Field | Detail |
|---|---|
| Company | Keystar Corp. (VIPZ) |
| Form Type | 8-K |
| Filed Date | May 17, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $2,000,000, $1,135,000, $325,000, $6,010,000, $0.50 |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt, financial-obligation
TL;DR
KeyStar Corp. just took on a new financial obligation, filing an 8-K on it.
AI Summary
KeyStar Corp. filed an 8-K on May 17, 2024, reporting a direct financial obligation or an obligation under an off-balance sheet arrangement as of May 13, 2024. The filing details financial statements and exhibits related to this obligation. The company is incorporated in Nevada and its principal executive offices are located in Miami, Florida.
Why It Matters
This filing indicates KeyStar Corp. has entered into a new financial commitment, which could impact its financial health and future operations.
Risk Assessment
Risk Level: medium — The nature of the financial obligation is not detailed, making it difficult to assess the immediate risk without further information.
Key Players & Entities
- KeyStar Corp. (company) — Registrant
- May 13, 2024 (date) — Date of earliest event reported
- May 17, 2024 (date) — Filing date
- Nevada (jurisdiction) — State of incorporation
- Miami, Florida (location) — Principal executive offices
- 866-783-9435 (phone_number) — Business phone
FAQ
What is the specific nature of the direct financial obligation or off-balance sheet arrangement reported by KeyStar Corp.?
The filing does not specify the exact nature of the financial obligation or off-balance sheet arrangement, only that it is a direct financial obligation or an obligation under an off-balance sheet arrangement as of May 13, 2024.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on May 13, 2024.
What is KeyStar Corp.'s state of incorporation?
KeyStar Corp. is incorporated in Nevada.
Where are KeyStar Corp.'s principal executive offices located?
KeyStar Corp.'s principal executive offices are located at 78 SW 7th Street, Suite 500, Miami, Florida, 33130.
What is the filing date of this 8-K report?
This 8-K report was filed on May 17, 2024.
Filing Stats: 1,026 words · 4 min read · ~3 pages · Grade level 12.2 · Accepted 2024-05-17 10:22:13
Key Financial Figures
- $2,000,000 — n the principal amount of not more than $2,000,000 (the " Note "). The aggregate outstandi
- $1,135,000 — the Note as of the date of the Note was $1,135,000. On May 13, 2024, we borrowed an addi
- $325,000 — May 13, 2024, we borrowed an additional $325,000 under the Note. As of May 17, 2024, the
- $6,010,000 — balance of all loans under the Note is $6,010,000. All loans made under the Note accrue
- $0.50 — period, the Lowest Recent Price will be $0.50 per Share. In case of a stock split,
Filing Documents
- form8-k.htm (8-K) — 42KB
- 0001493152-24-020380.txt ( ) — 209KB
- keyr-20240513.xsd (EX-101.SCH) — 3KB
- keyr-20240513_lab.xml (EX-101.LAB) — 33KB
- keyr-20240513_pre.xml (EX-101.PRE) — 22KB
- 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 hereunto duly authorized. Date: May 17, 2024 KEYSTAR CORP. By: /s/ James Mackey James Mackey, CFO 4