11 Feb 2022substantial holder notice● Neutral
Jacob D. Cohen, Cohen Enterprises, Inc reported a AMERICAN INTERNATIONAL HOLDINGS CORP. shareholding of 27,500,000 shares (28.70% of votes) in a periodic institutional filing.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
4 Feb 2022substantial holder notice● Neutral
Cavalry Fund I LP, Cavalry Fund I Management LLC, Thomas Walsh reported a AMERICAN INTERNATIONAL HOLDINGS CORP. shareholding of 5,023,352 shares (5.80% of votes) in a periodic institutional filing.
20 Jan 2022director interest notice● Neutral
Lorraine Pamela D'alessio became a AMERICAN INTERNATIONAL HOLDINGS CORP. director and company insider (initial ownership filing).
20 Jan 2022director interest notice● Neutral
Kenny Myers became a AMERICAN INTERNATIONAL HOLDINGS CORP. director and company insider (initial ownership filing).
20 Jan 2022director interest notice● Neutral
AMERICAN INTERNATIONAL HOLDINGS CORP. Chief Executive Officer Jacob D. Cohen received 5,000,000 shares as part of the equity award.
8 Dec 2021capital raising announcement▼ BadMajor
Between November 22 and December 3, 2021 the company sold four investors $2,000,000 of 10% convertible notes with 13,333,332 warrants, raising $1,800,000 gross. The notes mature in one year and convert at $0.075 per share (or 80% of the price in a Nasdaq-type uplisting offering within 220 days). The warrants are exercisable at $0.075, and the filing states the conversion and exercise prices can fall further if shares are later sold at lower prices. Placement agent J.H. Darbie was paid $188,000, part of it in 1,151,678 shares. This is another round of convertible financing after the 2021 senior secured notes, and the filing does not say whether those earlier notes are repaid. Listing on an exchange such as Nasdaq is a key condition in the terms, and failing to uplist within 220 days is an event of default.
22 Nov 2021quarterly activities report● Neutral
AMERICAN INTERNATIONAL HOLDINGS CORP. reported quarterly revenue of $4 thousand and net income of $101 thousand for the period ended 2021-09-30.
15 Nov 2021late filing notice▼ Bad
AMERICAN INTERNATIONAL HOLDINGS CORP. notified the SEC that its quarterly report would be filed late.
27 Oct 2021director interest notice● Neutral
Peter Casey Jensen became a AMERICAN INTERNATIONAL HOLDINGS CORP. director and company insider (initial ownership filing).
6 Oct 2021securities registration● Neutral
AMERICAN INTERNATIONAL HOLDINGS CORP. registered a securities offering with the SEC.
26 Aug 2021material agreement▲ Good
On August 15, 2021 the company's ZipDoctor subsidiary signed a one-year telemedicine services agreement with Murphy RX, LLC, a Texas specialty pharmacy, which will pay ZipDoctor a monthly per-patient fee for platform and primary-care telemedicine access. The agreement renews automatically each year unless either side gives 90 days' notice. The filing gives no fee amounts or expected revenue. The press release says ZipDoctor has pivoted to a business-to-business model, as the CEO's May 2021 shareholder letter had said.
16 Aug 2021quarterly activities report▼ Bad
AMERICAN INTERNATIONAL HOLDINGS CORP. reported quarterly revenue of $4 thousand and a net loss of $57 thousand for the period ended 2021-06-30.
9 Aug 2021securities registration● Neutral
AMERICAN INTERNATIONAL HOLDINGS CORP. registered a securities offering with the SEC.
23 July 2021securities registration● Neutral
AMERICAN INTERNATIONAL HOLDINGS CORP. amended a filing by which it registered a securities offering with the SEC.
13 July 2021capital raising announcement▼ BadMajor
On June 24, 2021 the company sold $537,916 of 6% senior secured convertible notes, maturing June 24, 2022, plus warrants over 2,670,000 shares, to two institutional investors. The notes convert at the lesser of $0.2437 or 75% of the lowest recent trading price, and proceeds are for working capital and developing subsidiaries Epiq MD, Inc. and LifeGuru, Inc. This continues the pattern of repeated convertible financing, and the company's address has now changed to Plano, TX.
24 May 2021quarterly activities report▼ Bad
AMERICAN INTERNATIONAL HOLDINGS CORP. reported quarterly revenue of $9 thousand and a net loss of $7.4 million for the period ended 2021-03-31.
17 May 2021late filing notice▼ Bad
AMERICAN INTERNATIONAL HOLDINGS CORP. notified the SEC that its quarterly report would be filed late.
13 May 2021securities registration● Neutral
AMERICAN INTERNATIONAL HOLDINGS CORP. registered a securities offering with the SEC.
6 Apr 2021capital raising announcement▼ BadMajor
On March 30, 2021 the company closed the second $600,000 tranche of the 6% senior secured convertible notes begun in January, completing the $1,450,000 deal. The second-tranche notes mature March 30, 2022 and convert at the lesser of $0.2437 or 75% of the lowest recent trading price. Proceeds are planned to repay existing variable-priced convertible notes and for working capital, and the filing says the resale registration statement was filed on time and declared effective. Network 1 Financial was placement agent, paid $51,000 and $36,000 for the two tranches.
5 Apr 2021substantial holder notice● Neutral
Jacob D. Cohen, Cohen Enterprises, Inc reported a AMERICAN INTERNATIONAL HOLDINGS CORP. shareholding of 22,500,000 shares (31.00% of votes) in a periodic institutional filing.
5 Apr 2021director interest notice● Neutral
AMERICAN INTERNATIONAL HOLDINGS CORP. Chief Executive Officer Jacob D. Cohen acquired 2,500,000 shares at $0.38 under a company stock plan.
26 Mar 2021late filing notice▼ Bad
AMERICAN INTERNATIONAL HOLDINGS CORP. notified the SEC that its annual report would be filed late.
18 Mar 2021capital raising announcement● Neutral
On March 8, 2021 the company signed a two-year consulting deal with KBHS, LLC (CEO Kevin Harrington) for brand ambassador and marketing services, paying 1.5 million restricted shares that vest immediately, $10,000 a month, a 5% finder's fee on new business and 7.5% on acquisitions he originates. Harrington was also appointed to a newly formed, non-binding Advisory Board on March 17. The filing says the board currently consists solely of Jacob D. Cohen, so the other two co-founders no longer appear as directors.
18 Feb 2021securities registration● Neutral
AMERICAN INTERNATIONAL HOLDINGS CORP. filed the final prospectus for a registered offering.
28 Jan 2021securities registration● Neutral
AMERICAN INTERNATIONAL HOLDINGS CORP. registered a securities offering with the SEC.
19 Jan 2021substantial holder notice● Neutral
Cavalry Fund I LP disclosed a new substantial AMERICAN INTERNATIONAL HOLDINGS CORP. shareholding (7.50% of votes).
19 Jan 2021substantial holder notice● Neutral
L disclosed a new substantial AMERICAN INTERNATIONAL HOLDINGS CORP. shareholding (7.50% of votes).
12 Jan 2021capital raising announcement▼ BadMajor
On January 6, 2021 the company sold $850,000 of 6% senior secured convertible notes (first part of a $1,450,000 deal, with a further $600,000 due later if conditions are met) plus warrants over up to 6,750,000 shares to institutional investors. The notes mature January 7, 2022 and convert at the lesser of $0.50 or 75% of the lowest recent trading price. They are secured on substantially all assets of the company and its subsidiaries, and part of the proceeds is planned to repay the earlier Geneva Roth, LGH, JSJ and Quick Capital notes. This continues the string of discount-convertible borrowing, though it is a larger, secured deal and it bars new variable-rate notes for a year.
10 Dec 2020substantial holder notice● Neutral
Esteban Alexander reported a AMERICAN INTERNATIONAL HOLDINGS CORP. shareholding of 2,000,000 shares (4.60% of votes) in a periodic institutional filing.
10 Dec 2020director interest notice● Neutral
AMERICAN INTERNATIONAL HOLDINGS CORP. Chief Operating Officer Esteban Alexander disposed of 7,000,001 shares via option/appreciation-right settlement.