M&A - OpenLocker Holdings, Inc.

Form Type: 8-K

Filing Date: 2025-04-15

Corporate Action: Acquisition

Type: New

Accession Number: 000164117225004788

Filing Summary: On April 9, 2025, OpenLocker Holdings, Inc. entered into a Stock Purchase Agreement with five purchasers under which they agreed to issue and sell a total of 426,501,851 shares of common stock, constituting 80% of the company's outstanding common stock on a fully diluted basis for a total purchase price of $400,000. This transaction resulted in a change in control of the company as the buyers now hold the majority stake. Concurrently, significant leadership changes occurred with Laura Anthony, Howard Gostfrand, and Brian Klatsky resigning from their positions, while Renger van den Heuvel was appointed as the new Chief Executive Officer and a board member. A lock-up agreement was established to restrict the sale of shares by major current stockholders for 12 months following the transaction. The document references a Schedule 14f-1 filing and includes customary indemnification provisions for the agreement.