Invech Holdings (IVHI) halves asset deal price and caps note at 5M shares
Filing Impact
Filing Sentiment
Form Type
8-K/A
Rhea-AI Filing Summary
Invech Holdings, Inc. amended the terms of an earlier asset purchase with Andrew Chase Cochran. On June 1, 2026, the parties signed a Settlement Agreement that reduces the purchase price by 50% and correspondingly cuts the related convertible promissory note by the same percentage. The amendment sets a new purchase price and note amount of $225,000 and limits conversion of the note to 5,000,000 IVHI common shares. The company confirms that the acquisition originally closed on March 3, 2026, and this filing updates only the agreement and note terms tied to that transaction.
Positive
- None.
Negative
- None.
Insights
Invech halves the consideration and share overhang tied to a prior asset deal.
The Settlement Agreement with Andrew Chase Cochran lowers the asset purchase price and related convertible note by 50%, with the revised note set at $225,000 and now convertible into 5,000,000 IVHI shares. This directly reduces the potential equity issuance from this specific instrument.
The economics of the original asset purchase change meaningfully, but the filing does not quantify the asset’s performance or strategic importance. The impact on overall valuation depends on Invech’s broader capital structure and how significant $225,000 and 5,000,000 shares are relative to total shares outstanding.
8-K Event Classification
3 items: 1.01, 2.01, 9.01
3 items
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 2.01
Completion of Acquisition or Disposition of Assets
Financial
The company completed a significant acquisition or sale of business assets.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Revised purchase price: $225,000
Revised note principal: $225,000
Conversion shares: 5,000,000 shares
+3 more
6 metrics
Revised purchase price
$225,000
Purchase price under June 1, 2026 Settlement Agreement
Revised note principal
$225,000
Purchase price promissory note amount after amendment
Conversion shares
5,000,000 shares
IVHI common shares the amended note is convertible into
Price reduction
50%
Reduction in purchase price and note amount versus prior terms
Settlement date
June 1, 2026
Date of Settlement Agreement with Andrew Chase Cochran
Acquisition closing date
March 3, 2026
Date the original Purchase Agreement transaction closed
Key Terms
Material Definitive Agreement, Settlement Agreement, convertible promissory note, Completion of Acquisition or Disposition of Assets, +1 more
5 terms
Material Definitive Agreement regulatory
"Item 1.01 Entry into a Material Definitive Agreement."
A material definitive agreement is a legally binding contract that creates major, long‑term obligations or rights for a company, such as loans, asset sales, mergers, or supplier deals. Think of it like a mortgage or lease for a business: it can change future cash flow, risk and control, so investors watch these agreements closely because they can materially affect a company’s value, financial health and stock price.
Settlement Agreement financial
"entered into a Settlement Agreement (“Settlement Agreement”) to change the purchase price"
A settlement agreement is a legally binding deal where two sides resolve a dispute—often a lawsuit—by agreeing on terms such as payments, actions, or changes in behavior instead of continuing the case to trial. For investors it matters because settlements can create immediate costs, limit future liabilities or risks, and change a company's cash flow, reputation, or ongoing obligations much like paying a negotiated bill to avoid a lengthy, uncertain fight.
convertible promissory note financial
"Since the purchase price was paid by a convertible promissory note, the amount of that note has now been reduced"
A convertible promissory note is a loan a company takes now that can later be turned into shares instead of being repaid in cash. Think of it as lending money with the option to accept ownership in the business down the road; that matters to investors because it affects who gets paid first, how much ownership existing shareholders keep, and the company’s future valuation and cash needs. Terms such as conversion price, interest and maturity determine the financial impact.
Completion of Acquisition or Disposition of Assets regulatory
"Item 2.01 Completion of Acquisition or Disposition of Assets."
Emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
What transaction did Invech Holdings (IVHI) amend in this 8-K/A?
Invech amended an earlier asset purchase agreement with Andrew Chase Cochran. The update changes the purchase price and related convertible promissory note terms under a Settlement Agreement dated June 1, 2026, while the original acquisition closed on March 3, 2026.
How much is the revised purchase price in Invech Holdings (IVHI) settlement?
The revised purchase price is $225,000. This amount also sets the new principal of the purchase price promissory note, aligning the cash consideration and the debt obligation after a 50% reduction from the prior terms in the Purchase Agreement.
When did Invech Holdings (IVHI) close the original asset acquisition?
Invech closed and completed the original asset purchase on March 3, 2026. The June 1, 2026 Settlement Agreement does not change the closing date; it only revises the purchase price, note amount, and related conversion terms associated with that completed transaction.
What is the purpose of Invech Holdings (IVHI) June 1, 2026 Settlement Agreement?
The Settlement Agreement’s purpose is to reduce the asset purchase price and adjust the convertible note. It cuts both by 50%, sets the price at $225,000, and revises the maximum conversion to 5,000,000 IVHI shares, updating Items 1.01 and 2.01 in the prior report.