Obocon Inc. (OBCN)

[vieuxcarre]

New company name?

SHEMN CORP.
March 17, 2020
By: /s/ Naveen Doki
Naveen Doki
Chief Executive Officer

And was the stock price agreed in .043 or .43? Which is it??


The Stock Purchase Agreement also provides for the issuance of 2,293,488 shares of common stock having an agreed upon price/value of $0.043 per share, to Seller and 1,194,883 shares of common stock having an agreed upon price/value of $0.043 per share, to Seller’s consultant.

And towards the end of the 8k:


Item 3.02 Unregistered Sales of Equity Securities.

The information set forth in Item 1.01 of this Current Report on Form 8-K is incorporated herein by reference.

Pursuant to the terms of the Stock Purchase Agreement, Note, Security Agreement, and Earnout Agreement, the Company issued 2,293,488 shares of common stock having an agreed upon price/value of $0.43 per share, to Seller and 1,194,883 shares of common stock having an agreed upon price/value of $0.43 per share, to Seller’s consultant, and the Company agreed to issue shares of common stock (i) at the option of the Company, pursuant to the Note, and (ii) pursuant to the Earnout Agreement. The number of such shares issuable thereunder depends upon the amount of the earnout payment, if any, and/or the then price of the Company’s common stock.