Karbon-X Corp. Files 8-K for Material Agreement
Ticker: KARX · Form: 8-K · Filed: Jun 25, 2024 · CIK: 1729637
Sentiment: neutral
Topics: material-agreement, filing
TL;DR
Karbon-X filed an 8-K for a new deal, details to follow.
AI Summary
Karbon-X Corp. filed an 8-K on June 25, 2024, to report the entry into a material definitive agreement and to file financial statements and exhibits. The filing does not contain specific details about the agreement or financial figures within the provided text.
Why It Matters
This filing indicates Karbon-X Corp. has entered into a significant agreement, which could impact its business operations and future financial performance.
Risk Assessment
Risk Level: medium — The filing of a material definitive agreement suggests a significant event for the company, but the lack of specific details in the provided text introduces uncertainty.
Key Players & Entities
- Karbon-X Corp. (company) — Registrant
- June 25, 2024 (date) — Date of earliest event reported
- Nevada (jurisdiction) — State of incorporation
- 000-56002 (filing_number) — SEC file number
- 82-2882342 (tax_id) — IRS Employer Identification No.
- 510 5 Street SW, Suite 910, Calgary (address) — Address of Principal Executive Offices
- T2P 3S2 (zip_code) — Zip code of Principal Executive Offices
- (778) 256-5730 (phone_number) — Registrant's Telephone Number
FAQ
What is the nature of the material definitive agreement entered into by Karbon-X Corp.?
The provided 8-K filing does not specify the details of the material definitive agreement.
When was the material definitive agreement entered into by Karbon-X Corp.?
The earliest event reported, which includes the entry into a material definitive agreement, occurred on June 25, 2024.
What is the principal executive office address for Karbon-X Corp.?
The principal executive offices are located at 510 5 Street SW, Suite 910, Calgary, T2P 3S2.
What is the SEC file number for Karbon-X Corp.?
The SEC file number for Karbon-X Corp. is 000-56002.
What is the IRS Employer Identification Number for Karbon-X Corp.?
The IRS Employer Identification Number for Karbon-X Corp. is 82-2882342.
Filing Stats: 494 words · 2 min read · ~2 pages · Grade level 11.1 · Accepted 2024-06-25 17:25:44
Filing Documents
- karx_8k.htm (8-K) — 22KB
- karx_ex101.htm (EX-10.1) — 57KB
- 0001477932-24-003869.txt ( ) — 201KB
- karx-20240625.xsd (EX-101.SCH) — 6KB
- karx-20240625_lab.xml (EX-101.LAB) — 12KB
- karx-20240625_cal.xml (EX-101.CAL) — 1KB
- karx-20240625_pre.xml (EX-101.PRE) — 8KB
- karx-20240625_def.xml (EX-101.DEF) — 2KB
- karx_8k_htm.xml (XML) — 3KB
01. Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement. Effective June 25, 2024 the Board of Directors of the Company approved the Karbon-X Corp. 2024 Employees', Directors', Officers' and Consultants' Stock Option Plan (the "Plan"). The Plan authorizes Karbon-X Corp. to issue options to purchase up to 5,000,000 shares of common stock, on terms to be determined pursuant to option agreements, to its Employees, Directors, Officers and Consultants subject to the following terms. The purpose of the Plan is to enable the Company to attract, retain and motivate its employees, directors and qualified consultants by providing for or increasing the proprietary interests of such employees, directors and consultants in the Company through increased stock ownership. The Plan provides for options which either (i) qualify as incentive stock options ("Incentive Options") within the meaning of that term in Section 422 of the Internal Revenue Code of 1986, as amended, or (ii) do not so qualify under Section 422 of the Code ("Nonstatutory Options") (collectively "Options"). Any Option granted under this Plan will be clearly identified at the time of grant as to whether it is intended to be either an Incentive Option or a Nonstatutory Option. The foregoing description is qualified by the complete terms of the Plan attached hereto as Exhibit 10.1.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. Exhibits The following Exhibits are included herein: Exhibit No. Description 10.1 Karbon-X Corp. 2024 Employees', Directors', Officers' and Consultants' Stock Option Plan 104 Cover Page Interactive Data File (embedded within the Inline XBRL Document). 2
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. Karbon-X Corp. (Registrant) Dated: June 25, 2024 By: /s/ Chad Clovis Chief Executive Officer 3