STOCK TITAN

Eva Live signs deal to sell up to $10M in shares

The agreement's 7,994,828-share Exchange Cap is subject to adjustment; issuance above it requires shareholder approval.

(Moderate)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Eva Live Inc. (GOAI) entered an equity purchase agreement with Hudson Global Ventures, LLC. Eva Live may, but is not obligated to, direct purchases of its common stock during the Commitment Period for an aggregate purchase price of up to $10,000,000, at $2.00 per share subject to specified adjustments. Each Put Notice must be at least $15,000 and cannot exceed the lesser of 200% of Average Daily Trading Value or the Applicable Trading Amount. Issuances are capped at 7,994,828 shares, subject to adjustment, unless shareholders approve more under Nasdaq Rule 5635(d).

Eva Live also issued Hudson a warrant for 275,000 shares at $0.01 per share, exercisable beginning September 17, 2026 and expiring September 17, 2031 at 5:00 p.m. Eastern time. Cashless exercise is permitted when the Market Price exceeds the exercise price; the warrant is subject to a 4.99% Beneficial Ownership Limitation and the Exchange Cap, and becomes non-exercisable upon the first occurrence of the common stock being deemed a penny stock on or after September 17, 2026. Eva Live agreed to file an initial resale registration statement within 30 calendar days from the date of the Registration Rights Agreement, covering the maximum securities permitted under SEC rules, beginning with warrant shares.

Positive

  • None.

Negative

  • None.
Item 1.01 Entry into a Material Definitive Agreement Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 3.02 Unregistered Sales of Equity Securities Securities
The company sold equity securities in a private placement or other unregistered transaction.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Maximum aggregate purchase price Up to $10,000,000 Equity purchase agreement; Eva Live may direct purchases but is not obligated to do so.
Purchase price $2.00 per share Price for shares sold pursuant to a Put Notice, subject to adjustment.
Minimum Put Notice $15,000 Calculated using the Purchase Price.
Exchange Cap 7,994,828 shares Subject to adjustment; shareholder approval is required for issuances above the cap.
Warrant shares 275,000 shares Shares of common stock purchasable under the warrant, subject to adjustment.
Warrant exercise price $0.01 per share Common Stock Purchase Warrant.
Beneficial Ownership Limitation 4.99% Limit applicable to the warrant.
Warrant expiration September 17, 2031 at 5:00 p.m. Eastern time Warrant termination time.
Put Notice financial
"Each Put Notice must be for a minimum amount of $15,000"
A put notice is a formal alert that the holder of a put option intends to exercise their right to sell the underlying shares at the agreed price, which obliges the option seller to buy or accept delivery of those shares. It matters to investors because receiving or expecting a put notice can force an unplanned purchase or sale, change a trader’s cash needs and risk exposure, and sometimes move the stock price due to surprise supply or demand, much like being handed an item you must immediately take off someone’s hands.
Average Daily Trading Value financial
"200% of the Average Daily Trading Value"
Applicable Trading Amount financial
"or (b) the Applicable Trading Amount"
Beneficial Ownership Limitation financial
"The Warrant is subject to a 4.99% Beneficial Ownership Limitation"
A beneficial ownership limitation is a rule that caps the percentage of a company’s shares an investor can be treated as owning or controlling for voting, regulatory or tax purposes. It matters to investors because it can restrict how many shares a person or group can buy or vote, affect takeover chances, and influence share liquidity and value — like a speed limit that prevents any single driver from taking over the whole road.
cashless basis financial
"may be exercised on a cashless basis if the Market Price"
An agreement executed on a cashless basis lets a holder convert or exercise a security (like options, warrants, or conversion rights) without paying money upfront; instead the holder receives a smaller number of shares equal in value to what the cash would have purchased. Think of trading a coupon for fewer slices of a cake rather than handing over cash for the full slice. For investors, it affects how much ownership and dilution occur and avoids immediate cash outlays.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much can GOAI sell under the equity purchase agreement?

Eva Live may direct Hudson Global Ventures, LLC to purchase common stock for an aggregate purchase price of up to $10,000,000 at $2.00 per share. Eva Live is not obligated to direct purchases, and each Put Notice must be at least $15,000 and cannot exceed the lesser of 200% of Average Daily Trading Value or the Applicable Trading Amount.

When must GOAI file the resale registration statement?

Eva Live agreed to file an initial resale registration statement within 30 calendar days from the date of the Registration Rights Agreement. It is to cover the maximum number of registrable securities permitted under applicable SEC rules, regulations and interpretations, beginning with shares issuable upon exercise of the warrant.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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false 0001983736 0001983736 2026-09-17 2026-09-17 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

 

Date of Report: September 17, 2026

(Date of earliest event reported)

 

EVA LIVE INC.

(Exact name of registrant as specified in its charter)

 

Nevada   001-43076   88-2864075

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS. Employer

Identification No.)

 

8488 Rozita Lee Ave Building 3

Las Vegas, NV 89113

(Address of principal executive offices, including zip code)

 

(310) 229-5981

(Registrant’s telephone number, including area code)

 

N/A

(Former name or former address, if changed since the last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
common stock, par value $0.0001   GOAI   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by a check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

 

Item 1.01 Entry into a Material Definitive Agreement.

 

On September 17, 2026, Eva Live Inc. (the “Company”) entered into an Equity Purchase Agreement (the “Purchase Agreement”) with Hudson Global Ventures, LLC, a Nevada limited liability company (the “Investor”). Capitalized terms used but not defined herein shall have the meanings ascribed to such terms in the Purchase Agreement.

 

Pursuant to the Purchase Agreement, upon the terms and subject to the conditions set forth therein, the Company has the right, but not the obligation, to direct the Investor to purchase, from time to time during the Commitment Period, shares of the Company’s common stock, par value $0.0001 per share (the “Common Stock”), having an aggregate purchase price of up to $10,000,000 (the “Maximum Commitment Amount”). The purchase price for shares sold pursuant to a Put Notice will be $2.00 per share, subject to adjustment for any stock dividend, stock split, stock combination, rights offering, reclassification or similar transaction that proportionately decreases or increases the number of outstanding shares of Common Stock (the “Purchase Price”).

 

Under the Purchase Agreement, each Put Notice must be for a minimum amount of $15,000, calculated using the Purchase Price, and may not exceed the lesser of (a) 200% of the Average Daily Trading Value or (b) the Applicable Trading Amount, in each case as more fully described in the Purchase Agreement. The Company may not deliver a Put Notice to the Investor during the period beginning on the Put Date of the immediately prior Put Notice and continuing through the date that is three (3) Trading Days following the Clearing Date associated with the immediately prior Put Notice, subject to certain waiver provisions set forth in the Purchase Agreement.

 

The Company is not permitted to issue or sell shares under the Purchase Agreement in excess of 7,994,828 shares of Common Stock, subject to adjustment as provided in the Purchase Agreement (the “Exchange Cap”), unless Shareholder Approval is obtained in accordance with Nasdaq Rule 5635(d). The Investor’s obligation to purchase shares is also subject to additional conditions, including, among others, the effectiveness of a registration statement covering the resale of the shares, continued listing and trading of the Common Stock, DWAC eligibility, no DTC chill, compliance with SEC reporting requirements, the Common Stock not being deemed a “penny stock,” and applicable Beneficial Ownership Limitation.

 

In connection with the Purchase Agreement, the Company also entered into a Registration Rights Agreement, dated as of September 17, 2026, with the Investor (the “Registration Rights Agreement”). Pursuant to the Registration Rights Agreement, the Company agreed to file, within thirty (30) calendar days from the date of the Registration Rights Agreement, an initial registration statement covering the resale by the Investor of the maximum number of registrable securities permitted to be included thereon under applicable SEC rules, regulations and interpretations, beginning with the shares issuable upon exercise of the Warrant described below.

 

In connection with the Purchase Agreement, the Company issued to the Investor a Common Stock Purchase Warrant, dated September 17, 2026 (the “Warrant”), to purchase 275,000 shares of Common Stock, subject to adjustment as provided in the Warrant. The Warrant has an exercise price of $0.01 per share, is exercisable beginning on September 17, 2026, and terminates at 5:00 p.m. Eastern time on September 17, 2031. The Warrant may be exercised on a cashless basis if the Market Price of one share of Common Stock is greater than the exercise price. The Warrant also provides that it will no longer be exercisable into Common Stock upon the first occurrence of the Common Stock being deemed a “penny stock” as defined in SEC Rule 240.3a51-1 on or after September 17, 2026. The Warrant is subject to a 4.99% Beneficial Ownership Limitation. Issuances under the Warrant are also subject to the Exchange Cap unless Shareholder Approval is obtained.

 

The foregoing descriptions of the Purchase Agreement, the Registration Rights Agreement, and the Warrant do not purport to be complete and are qualified in their entirety by reference to the full text of the Purchase Agreement, the Registration Rights Agreement, and the Warrant, copies of which are filed as Exhibits 10.1, 10.2, and 4.1, respectively, to this Current Report on Form 8-K and are incorporated herein by reference.

 

Item 3.02 Unregistered Sales of Equity Securities.

 

The disclosure set forth in Item 1.01 above is incorporated herein by reference.

 

The Warrant and the shares of Common Stock issuable upon exercise of the Warrant were offered and sold in a transaction exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”), pursuant to Section 4(a)(2) of the Securities Act and/or Rule 506(b) of Regulation D promulgated thereunder. The Investor represented that it is an accredited investor and that the transaction did not involve general solicitation or general advertising. The Warrant and the shares issuable upon exercise of the Warrant have not been registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

 

To the extent shares of Common Stock are issued and sold to the Investor pursuant to future Put Notices under the Purchase Agreement, such shares are expected to be issued pursuant to an effective registration statement or another available exemption from registration, as applicable.

 

Neither this Current Report on Form 8-K nor the exhibits filed herewith constitute an offer to sell or the solicitation of an offer to buy any securities of the Company.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit No.   Description
4.1   Common Stock Purchase Warrant, dated September 17, 2026, issued by Eva Live Inc. to Hudson Global Ventures, LLC.
10.1   Equity Purchase Agreement, dated September 17, 2026, by and between Eva Live Inc. and Hudson Global Ventures, LLC.
10.2   Registration Rights Agreement, dated September 17, 2026, by and between Eva Live Inc. and Hudson Global Ventures, LLC.
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    EVA LIVE INC.
       
September 23, 2026   By:  /s/ David Boulette
Date     David Boulette
      President and CEO

 

 

 

Filing Exhibits & Attachments

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