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Powerdyne International (PWDY) Schedule 13D shows 86.2% potential ownership via Series D

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D

Rhea-AI Filing Summary

Powerdyne International, Inc. (PWDY) disclosed a major ownership position by Arthur M. Read II in a Schedule 13D. Read reports beneficial ownership of 288,446,194 shares of common stock through his holdings of 2,180,000 shares of Series D Preferred Stock, which convert into restricted common shares. These securities were issued without cash consideration in connection with a contract, services rendered, forgiveness of debt, and partial satisfaction of a judgment against another shareholder.

The filing states that Read is deemed to hold 4,360,000,000 Shares via the Series D Preferred, representing approximately 86.2% of the 5,060,155,892 Shares expected to be outstanding following an Automatic Conversion Event, and of the 5,060,155,892 votes that may be cast. He has sole voting and dispositive power over his reported holdings. The shares are characterized as restricted securities under Rule 144. The filing also notes that Read has not been convicted in criminal proceedings or been subject to certain securities law judgments in the past five years.

Positive

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Negative

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Insights

Schedule 13D reveals a concentrated potential control stake via preferred stock conversion.

The filing shows Arthur M. Read II as a key holder of 2,180,000 shares of Series D Preferred Stock in Powerdyne International, Inc. These preferred shares are convertible into 288,446,194 restricted common shares, forming his reported current beneficial ownership. The securities were issued for non-cash consideration tied to a contract, services, debt forgiveness, and partial satisfaction of a judgment.

Importantly, the document states that Read is deemed to hold 4,360,000,000 Shares through the Series D Preferred, representing about 86.2% of the 5,060,155,892 Shares that will be outstanding, and the same proportion of votes, following an Automatic Conversion Event. He has sole voting and dispositive power over these securities, which are restricted under Rule 144.

This structure concentrates a very high percentage of potential voting power in a single holder, which can significantly shape corporate decisions once the described conversion mechanics apply. Subsequent company disclosures and corporate actions will indicate how this ownership profile influences governance and strategic direction.






If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).






SCHEDULE 13D






SCHEDULE 13D


Read Arthur M II
Signature:/s/ Arthur M Read II
Name/Title:Arthur M Read II
Date:12/05/2025

FAQ

What does Arthur M. Read II report in the Powerdyne International (PWDY) Schedule 13D?

He reports beneficial ownership of 288,446,194 shares of common stock through his holdings of 2,180,000 shares of Series D Preferred Stock that will convert into restricted common shares.

How much of Powerdyne International’s equity could Arthur M. Read II control after conversion?

The filing states he is deemed to hold 4,360,000,000 Shares via Series D Preferred, representing approximately 86.2% of the 5,060,155,892 Shares that will be outstanding, and the same share of votes, following the Automatic Conversion Event.

What consideration did Arthur M. Read II provide for the Series D Preferred Stock of Powerdyne (PWDY)?

The Series D Preferred Stock was acquired without cash consideration in connection with a contract, services rendered, forgiveness of debt, and partial satisfaction of a judgment against another shareholder.

Are the Powerdyne (PWDY) shares held by Arthur M. Read II restricted securities?

Yes. The filing states the Series D Preferred shares and the Shares into which they will be converted are restricted securities as defined in Rule 144 and will be held in certificated form.

Does Arthur M. Read II have sole voting and dispositive power over his Powerdyne (PWDY) holdings?

Yes. The document reports that he has sole voting power and sole dispositive power over the 288,446,194 Shares of common stock attributed to him.

What is Arthur M. Read II’s background as disclosed in the Powerdyne (PWDY) Schedule 13D?

He is an attorney-at-law with Del Sesto & Read, Inc., based in Cranston, Rhode Island, and the filing states he has not been convicted in criminal proceedings or subject to specified securities law judgments in the past five years.
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