MDWerks, Inc 8-K, filed Jan 29, 2025
MDWerks, Inc. (MDWK)
About this 8-K
MDWerks, Inc filed this 8-K on January 29, 2025, reporting on events of January 27, 2025.
Items reported
- Item 1.01: Entered into a material agreement
- Item 2.01: Completed an acquisition or sale of assets
- Item 3.02: Unregistered sale of equity
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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Item 1.01 Entry into a Material Definitive Agreement.
On January 27, 2025, MDWerks, Inc., (the “Company”)’s wholly owned subsidiary, Two Trees Beverage Company, a Delaware corporation (the “Buyer”), and Brown Water Bourbon Xchange, LLC, a Kentucky Limited Liability Company (the “Seller”) (collectively the “Parties”) entered into an Asset Purchase Agreement (the “Agreement”). According to the terms of the Agreement, the Seller sold to Buyer 680 barrels of whiskey in exchange for 5,000,000 restricted shares of Common Stock of the Company (the “Shares”). On the same day, the Buyer and Seller closed the transaction.
Item 2.01, Completion of Acquisition or Disposition of Assets.
The disclosure set forth above in Item 1.01 of this Current Report on Form 8-K with respect to the acquisition of 680 barrels of whiskey pursuant to the Agreement, entered into by the Buyer and Seller on January 27, 2025, is incorporated by reference herein. The Parties bear no relationship to one another for reporting purposes under this Item 2.01.
Item 3.02 Unregistered Sales of Equity Securities.
The disclosure set forth above in Item 1.01 of this Current Report on Form 8-K with respect to the issuance of shares of the Company is incorporated by reference herein. The shares to be offered and sold in connection with the Agreement, entered into by the Buyer and Seller on January 27, 2025, and have not been registered under the Securities Act, in reliance upon the exemption from registration provided by Section 4(a)(2) of the Securities Act.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. |
Description | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
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.
| MDwerks, Inc. | |||
| Date: | January 29, 2025 | By: | /s/ Steven C. Laker |
| Name: | Steven C. Laker | ||
| Title: | Chief Executive Officer | ||