Livento Group issues 1,000,000,000 shares to CIO at $0.001
Livento Group, Inc. (NUGN) reported it issued 1,000,000,000 common shares to its Chief Investment Officer, Michael Gregory Max Henriksen, on August 26, 2025.
Rhea-AI Filing Summary
Livento Group, Inc. (NUGN) reported it issued 1,000,000,000 common shares to its Chief Investment Officer, Michael Gregory Max Henriksen, on August 26, 2025. The shares were priced at $0.001 per share for a total purchase price of $1,000,000, pursuant to a Subscription Agreement dated August 19, 2025, which is included as Exhibit 1.0.
The filing is presented under Item 5.02 and notes the company’s common stock trades on OTC Pink under the symbol NUGN.
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Insights
Large insider share issuance at a fixed price of $0.001 per share.
Livento Group disclosed the issuance of 1,000,000,000 common shares to its CIO at $0.001 per share, totaling $1,000,000, executed under a Subscription Agreement dated August 19, 2025 and issued on August 26, 2025.
This transaction introduces a sizable new block of shares held by a company officer. Potential effects on ownership concentration and per-share metrics depend on the existing share base, which is not provided in the excerpt.
The exhibit reference indicates formal documentation of terms. Actual market impact depends on broader capital structure details and trading dynamics not included here.
8-K Event Classification
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