IIOT-OXYS Secures $27K in Convertible Preferred Stock from GHS, Authorizes More

summarizeSummary

IIOT-OXYS, Inc. amended its Securities Purchase Agreement with GHS Investments, LLC, securing $27,000 through the issuance of Series D Convertible Preferred Stock, with an option for an additional $37,000. This financing provides crucial capital for the company, which recently disclosed substantial doubt about its ability to continue as a going concern.

check_boxKey Events

• Securities Purchase Agreement Amended

  IIOT-OXYS, Inc. entered into Amendment No. 1 to its Securities Purchase Agreement with GHS Investments, LLC on June 12, 2026.

• New Capital Secured

  The company issued 30 shares of Series D Convertible Preferred Stock to GHS for $27,000, plus 3 incentive shares, on June 16, 2026.

• Additional Funding Option

  The amendment also provides for a "Second Additional Closing" where GHS may purchase up to 37 more shares for $37,000, plus 3 incentive shares, at its discretion.

• Increased Authorization

  The total authorized Series D Convertible Preferred Stock under the amended SPA with GHS is now 167 shares.

auto_awesomeAnalysis

This 8-K details a critical capital infusion for IIOT-OXYS, a company facing significant financial distress, including zero revenue and a "going concern" warning in its recent 10-K. The $27,000 raised, with an additional $37,000 potentially available, represents a substantial percentage of the company's tiny market capitalization. While providing a necessary lifeline, the financing comes from convertible preferred stock with equity incentives, indicating a highly dilutive structure and continued reliance on GHS Investments. This transaction is a short-term survival measure rather than a sign of improved fundamentals.