Innovative Medtech Inc.

01/08/2025 | Press release | Distributed by Public on 01/08/2025 09:08

Regulation FD Disclosure Form 8 K

Item 3.02. Unregistered Sales of Equity Securities.

On December 17, 2024, Innovative MedTech, Inc. (the "Company" or "IMTH") issued 6,500,000 shares of common stock to Red Halo, LLC, the limited liability company of Company CEO Michael Friedman, in satisfaction of accrued compensation of $325,000 owed to Mr. Friedman and his entity by the Company. The shares were issued in reliance on the exemption from registration under Section 4(a)(2) of the Securities Act of 1933, as amended, and/or Rule 506(b) promulgated thereunder, as there was no general solicitation, and the transaction did not involve a public offering.