Each one in plain English, with the numbers worked through for a shareholder.
3 Sept 2024material agreement● NeutralMajor
On Aug 12, 2024 Himalaya signed a partnership and joint development agreement with InsureTEK, Inc., including a four-year license to an AI and Internet-of-Things platform for loss control services on commercial and other buildings. In return it agreed to issue 200,000 Series B Preferred shares and a $250,000 7.5% two-year junior note convertible into common stock (up to a $50,000,000 diluted equity valuation), so shareholders face more dilution and new debt. The filing also shows Himalaya is now incorporated in Wyoming, where earlier filings said Nevada.
HIMALAYA TECHNOLOGIES, INC CEO, CFO, Secretary Vikram P Grover received 9,642,179 shares as an equity award and bought 24,390,004 shares on the open market.
HIMALAYA TECHNOLOGIES, INC CEO, CFO, Secretary Vikram P Grover received 9,642,179 shares as an equity award and bought 24,390,004 shares on the open market.
HIMALAYA TECHNOLOGIES, INC CEO, CFO, Secretary Vikram P Grover received 9,642,179 shares as an equity award and bought 24,390,004 shares on the open market.
HIMALAYA TECHNOLOGIES, INC CEO, CFO, Secretary Vikram P Grover received 9,642,179 shares as an equity award and bought 24,390,004 shares on the open market.
HIMALAYA TECHNOLOGIES, INC CEO, CFO, Secretary Vikram P Grover received 9,642,179 shares as an equity award and bought 24,390,004 shares on the open market.
HIMALAYA TECHNOLOGIES, INC CEO, CFO, Secretary Vikram P Grover received 9,642,179 shares as an equity award and bought 24,390,004 shares on the open market.
HIMALAYA TECHNOLOGIES, INC CEO, CFO, Secretary Vikram P Grover received 9,642,179 shares as an equity award and bought 23,556,671 shares on the open market.
HIMALAYA TECHNOLOGIES, INC CEO, CFO, Secretary Vikram P Grover received 9,642,179 shares as an equity award and bought 22,647,580 shares on the open market.
HIMALAYA TECHNOLOGIES, INC CEO, CFO, Secretary Vikram P Grover received 9,642,179 shares as an equity award and bought 21,647,580 shares on the open market.
HIMALAYA TECHNOLOGIES, INC CEO, CFO, Secretary Vikram P Grover received 9,642,179 shares as an equity award and bought 20,738,489 shares on the open market.
HIMALAYA TECHNOLOGIES, INC CEO, CFO, Secretary Vikram P Grover received 9,642,179 shares as an equity award and bought 19,738,489 shares on the open market.