Street Calls of the Week
GivBux, Inc. (OTC:GBUX) has entered into a Share Exchange Agreement with Charter House Financial AU, a Nevada corporation, according to an SEC filing released Wednesday.
Under the terms of the agreement signed on May 9, GivBux will issue up to 5 million shares of restricted stock to Charter House in exchange for 100% ownership of the private company. The initial phase of the transaction includes the immediate delivery of 100,000 shares of restricted common stock.
The transaction is expected to close on July 13, 2025, pending completion of all due diligence prerequisites.
The material transaction documents included in the SEC filing consist of a Securities Purchase Agreement, Warrant Agreement, Registration Rights Agreement, and Security Agreement.
GivBux, headquartered in Newport Beach, California, trades on the OTC Markets Group under the ticker symbol GBUX. The company’s common stock has a par value of $0.001 per share.
The filing was signed by Umesh Singh, President and Chief Executive Officer of GivBux, Inc.
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