Home/Filings/3/0001393905-22-000336
3//SEC Filing

ZenSports, Inc. 3

Accession 0001393905-22-000336

CIK 0001832161other

Filed

Sep 5, 8:00 PM ET

Accepted

Sep 6, 2:00 PM ET

Size

6.5 KB

Accession

0001393905-22-000336

Insider Transaction Report

Form 3
Period: 2022-08-26
Holdings
  • Common Stock, par value $0.0001 per share

    6,500,000
Holdings
  • Common Stock, par value $0.0001 per share

    6,500,000
Footnotes (2)
  • [F1]ZenSports, Inc. ("ZenSports") acquired 6,500,000 shares of KeyStar Corp. (the "Issuer") common stock in exchange for certain assets of ZenSports, pursuant to a certain asset purchase agreement, dated as of August 26, 2022 (the "Purchase Agreement"), by and among the Issuer, ZenSports and the other parties thereto. Of the 6,500,000 shares issued to ZenSports, 650,000 shares are subject to forfeiture during the one-year period following the merger to satisfy claims arising as a result of ZenSport's breach of any of its representations and warranties or covenants in the Purchase Agreement.
  • [F2]Mr. Thomas is the Chief Executive Officer and majority owner of the outstanding shares of ZenSports and is therefore deemed to have beneficial ownership of the shares of the Issuer's common stock owned by ZenSports. Mr. Thomas disclaims beneficial ownership of any shares of the Issuer's common stock owned of record by ZenSports, except to the extent of any pecuniary interest therein, and the filing of this Form 3 shall not be construed as an admission that any such person or entity is the beneficial owner of any such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Issuer

KeyStar Corp.

CIK 0001832161

Entity typeother
IncorporatedDE

Related Parties

1
  • filerCIK 0001683629

Filing Metadata

Form type
3
Filed
Sep 5, 8:00 PM ET
Accepted
Sep 6, 2:00 PM ET
Size
6.5 KB