M&A - Stemtech Corp
Form Type: 10-K
Filing Date: 2025-06-30
Corporate Action: Merger
Type: Update
Accession Number: 000168316825004834
Filing Summary: Stemtech Corporation underwent a merger with Globe Net Wireless Corp. in August 2021, which is accounted for as a reverse acquisition. This corporate action is significant as it reflects Stemtech's strategic move to enhance its market position within the stem cell nutrition industry. The company has identified itself as a pioneer in stem cell science and aims to improve wellness by offering products that support the body's natural renewal systems. The filing also mentions an overview of the company's financial health and ongoing litigation related to past management decisions, indicating a complex operational history that may affect its future performance.
Additional details:
Cik: 0001511820
Merger Agreement Date: 2021-08-19
Shares Issued In Merger: 37060000
Percentage Of Company Owned After Merger: 85
Market Value As Of June 30 2024: 5645051
Shares Outstanding: 142443444
Headquarters Address: 4851 Tamiami Trail North, Suite 200 Naples, FL 34103
Form Type: 8-K
Filing Date: 2025-01-03
Corporate Action: Merger
Type: Update
Accession Number: 000168316825000068
Filing Summary: Stemtech Corporation has terminated its previously reported non-binding Letter of Intent for a Reverse Takeover (RTO) of Eevia Health Plc due to the inability of Eevia Health Plc to meet necessary deadlines. However, Stemtech remains committed to a merger with Seacret Direct, LLC d/b/a/ Viago, and the two companies are negotiating to merge into a company listed on the Swedish MTF Nordic SME Sweden. No definitive agreement has been reached yet, and the completion of the proposed merger will depend on various conditions, including compliance with regulatory requirements and the negotiation of definitive agreements.
Additional details:
Date Of Event Reported: 2024-12-30
Merger Party: Seacret Direct, LLC
Merger Structure: proposed merger into a company listed on the Swedish MTF Nordic SME Sweden
Previous Action: terminated non-binding Letter of Intent for RTO with Eevia Health Plc
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