Brownie’s Marine issues 42,000,000 unregistered shares at $0.0044 each for Sunrise Paddleboards assets
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Brownie’s Marine Group issued 42 million unregistered common shares at $0.0044 each to acquire Sunrise Paddleboards' business assets. The equity consideration is valued at approximately $184,800 based on the June 30 OTC Markets close. The issuance relied on the Securities Act Section 4(a)(2) exemption for non-public offerings. This transaction was disclosed via EDGAR on July 8, 2026.
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