Innovative Medtech Inc SEC Filings

Innovative MedTech, Inc. agreed to acquire assets from Grand Concierge LLC d/b/a Ticketbash through an Asset Purchase Agreement originally structured to issue equity and contingent cash/royalty payments but later amended twice. The initial deal would have issued 20,000,000 common shares plus 1,151,500 Series A preferred (convertible into 115,150,000 common) so the sellers would hold 60% of voting rights, and contemplated a $2,000,000 contingent cash payment, royalty tiers (2% up to $15,000,000, 4% between $15,000,000–$25,000,000, and 5% above $25,000,000), plus an additional $1,000,000 investment in development.

Amendments converted the structure twice and ultimately limited the acquisition to a copy and non-exclusive license to Ticketbash source and object code and related materials, with the Purchase Price reduced to the $469,500 already paid by the company. The parties treat the Purchase as closed on October 3, 2025.