Two Hands Corp 8-K

What Happened

• On May 18, 2026, Two Hands Corp’s Board of Directors approved and issued an aggregate of 535,000,000 shares of the company’s common stock under the company’s 2026 Equity Incentive Plan.
• The shares were issued to certain officers, directors and consultants in consideration for services rendered, pursuant to the Plan and applicable award agreements. The issuance was made under the company’s effective Registration Statement on Form S-8 (File No. 333-295928), which was filed May 15, 2026. The company reported the event in an 8-K filed May 22, 2026.

Key Details

• Shares issued: 535,000,000 common shares.
• Approval/issuance date: Board approved on May 18, 2026; Form S-8 filed May 15, 2026.
• Recipients: certain officers, directors and consultants (per award agreements under the Plan).
• Registration: Issuance made pursuant to an effective Form S-8 (File No. 333-295928).

Why It Matters

• This is a material equity issuance tied to compensation/awards. Issuing 535 million shares increases the number of outstanding shares and can dilute existing shareholders’ ownership percentage.
• The transaction aligns compensation for management, directors and consultants with equity incentives, but investors should review the company’s updated cap table and other SEC filings to understand the exact dilutive impact and any vesting or transfer restrictions.