Ehave Exchanges Mycotopia Shares
Ticker: EHVVF · Form: 6-K · Filed: Aug 20, 2024 · CIK: 1653606
Sentiment: neutral
Topics: subsidiary, share-exchange, agreement
Related Tickers: MYTO
TL;DR
Ehave dumped nearly 10M Mycotopia shares on July 29th.
AI Summary
On July 29, 2024, Ehave, Inc. entered into an Exchange Agreement with its majority-owned subsidiary, Mycotopia Inc. Through this agreement, Ehave exchanged 9,793,754 shares of Mycotopia common stock.
Why It Matters
This transaction involves the exchange of a significant number of shares between Ehave and its subsidiary, potentially impacting the ownership structure and financial reporting for both entities.
Risk Assessment
Risk Level: medium — The filing details a significant share exchange with a subsidiary, which could indicate strategic shifts or financial restructuring that warrants closer examination.
Key Numbers
- 9,793,754 — Mycotopia Shares Exchanged (Represents a significant portion of Ehave's holdings in its subsidiary.)
Key Players & Entities
- Ehave, Inc. (company) — Filer and party to the agreement
- Mycotopia Inc. (company) — Subsidiary and party to the agreement
- 9,793,754 (dollar_amount) — Number of Mycotopia shares exchanged
- July 29, 2024 (date) — Date of the Exchange Agreement
FAQ
What was the specific reason for Ehave, Inc. exchanging 9,793,754 shares of Mycotopia common stock?
The filing states an Exchange Agreement was entered into on July 29, 2024, but does not specify the exact reason for the exchange of shares.
What is the current ownership percentage of Ehave, Inc. in Mycotopia Inc. after this exchange?
The filing mentions Mycotopia Inc. is a 'majority owned subsidiary' but does not provide the exact percentage of ownership after the exchange.
What is the reported value of the 9,793,754 shares of Mycotopia common stock exchanged?
The filing does not disclose the monetary value of the shares exchanged.
When was the Exchange Agreement between Ehave, Inc. and Mycotopia Inc. officially entered into?
The Exchange Agreement was entered into on July 29, 2024.
Does this filing indicate any changes in Ehave, Inc.'s principal executive offices?
The filing lists Ehave, Inc.'s principal executive offices as 100 SE 2nd St. Suite 2000 Miami, FL 33131, which is consistent with previous filings.
Filing Stats: 431 words · 2 min read · ~1 pages · Grade level 12.2 · Accepted 2024-08-20 17:17:47
Filing Documents
- form6-k.htm (6-K) — 21KB
- ex10-1.htm (EX-10.1) — 40KB
- ex99-1.htm (EX-99.1) — 33KB
- 0001493152-24-033292.txt ( ) — 96KB
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, thereunto duly authorized. Registrant: Ehave, Inc. August 20, 2024 By: /s/ Ben Kaplan Ben Kaplan CEO