UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
−Removed: There were no unregistered sales of equity securities during the three months ended March 31, 2023.
+Added: In June 2023, we issued 13,309 shares of preferred stock to 88 employees for services rendered.
+Added: The issuance of the preferred stock to 64 of the employees was exempt from registration under Regulation S promulgated under the Securities Act of 1933 as amended (the “Securities Act”), because the shares were issued outside of the United States to non-US persons (as defined in Regulation S).
+Added: The issuance to 24 employees who are US persons was exempt under Section 4(a)(2) of the Securities Act.
+Added: The US persons are knowledgeable, sophisticated and experienced in making investment decisions of this kind and received adequate information about us or had adequate access, including through their business relationship with us, to information about us.
+Added: In June 2023, we also issued 599 shares of preferred stock to three employees for cash at a price of $12.10 per share.
+Added: The issuance of the preferred stock to the employees was exempt from registration under Regulation S promulgated under the Securities Act because the shares were issued outside of the United States to non-US persons (as defined in Regulation S).
Exhibit Description
+Added: Agreement dated May 11, 2022 between PERC Water Corporation and Liberty (Litchfield Park Water & Sewer) Corp.
Rule 13a-14(a)/15d-14(a) Certification of Chief Executive Officer
16 unchanged sentences
(Principal Financial and Accounting Officer)
+Added: August 10, 2023
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.