Mdwerks Inc.

11/12/2024 | Press release | Distributed by Public on 11/12/2024 15:58

Management Change/Compensation Form 8 K

Item 3.03 Material Modification to Rights of Security Holders.

On November 7, 2024, MDWerks, Inc.,a Delaware corporation (the "Company"), by written consent of the Board of Directors of the Company (the "Board"), purchased 8,957,000 shares of Series A Convertible Preferred Stock, par value $0.001 per share, representing all of the issued and outstanding shares of Series A Convertible Preferred Stock of the Company from Tradition Reserve I LLC, a New York limited liability company, in exchange for $10.00. The result of the purchase leaves no Series A Convertible Preferred Stock outstanding.