Fernhill Corporation (FERN)

[StockLogistics]

“1-A: Item 4. Summary Information Regarding the Offering and Other Current or Proposed Offerings
Summary Infomation

Check the appropriate box to indicate whether you are conducting a Tier 1 or Tier 2 offering

Tier1

Check the appropriate box to indicate whether the financial statements have been audited

Unaudited

Types of Securities Offered in this Offering Statement (select all that apply)

Checkbox checkedEquity (common or preferred stock)

Does the issuer intend to offer the securities on a delayed or continuous basis pursuant to Rule 251(d)(3)?

Yes

Does the issuer intend this offering to last more than one year?

No

Does the issuer intend to price this offering after qualification pursuant to Rule 253(b)?

Yes

Will the issuer be conducting a best efforts offering?

Yes

Has the issuer used solicitation of interest communications in connection with the proposed offering?

No

Does the proposed offering involve the resale of securities by affiliates of the issuer?

No

Number of securities offered
486363636

Number of securities of that class outstanding
2285783358

The information called for by this item below may be omitted if undetermined at the time of filing or submission, except that if a price range has been included in the offering statement, the midpoint of that range must be used to respond. Please refer to Rule 251(a) for the definition of "aggregate offering price" or "aggregate sales" as used in this item. Please leave the field blank if undetermined at this time and include a zero if a particular item is not applicable to the offering.
Price per security
$ 0.0200

The portion of the aggregate offering price attributable to securities being offered on behalf of the issuer
$ 9000000.00

The portion of the aggregate offering price attributable to securities being offered on behalf of selling securityholders
$ 0.00

The portion of the aggregate offering price attributable to all the securities of the issuer sold pursuant to a qualified offering statement within the 12 months before the qualification of this offering statement
$ 0.00

The estimated portion of aggregate sales attributable to securities that may be sold pursuant to any other qualified offering statement concurrently with securities being sold under this offering statement
$ 0.00

Total (the sum of the aggregate offering price and aggregate sales in the four preceding paragraphs)

Unregistered Securities Issued
As to any unregistered securities issued by the issuer of any of its predecessors or affiliated issuers within one year before the filing of this Form 1-A, state:
(a)Name of such issuer
Fernhill Corp.
(b)(1) Title of securities issued
Common Stock

(2) Total Amount of such securities issued
346266795
(3) Amount of such securities sold by or for the account of any person who at the time was a director, officer, promoter or principal securityholder of the issuer of such securities, or was an underwriter of any securities of such issuer.
0

(c)(1) Aggregate consideration for which the securities were issued and basis for computing the amount thereof.
$591,437.20”

https://www.sec.gov/Archives/edgar/data/1880419/000109690622002457/xsl1-A_X01/primary_doc.xml

FERN SECURITY DETAILS
Share Structure

Market Cap Market Cap
7,803,512
01/27/2023
Authorized Shares
3,000,000,000
01/16/2023
Outstanding Shares
2,295,150,680
01/16/2023
Restricted
687,240,530
01/16/2023
Unrestricted
1,607,910,150
01/16/2023
Held at DTC
1,587,992,515
01/16/2023
Float
1,062,437,573
12/31/2021
Par Value
0.0001

“Number of securities of that class outstanding
2285783358”

2,285,783,358 OS


…


486,363,636 number of shares in offering

+

687,240,530 restricted shares

+

1,587,992,515 Held at DTC

Too many shares imo, needs RS