---
title: "Brownie’s Marine issues 42,000,000 unregistered shares at $0.0044 each for Sunrise Paddleboards assets"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292077694.md"
description: "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."
datetime: "2026-07-08T13:38:35.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292077694.md)
  - [en](https://longbridge.com/en/news/292077694.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292077694.md)
generator: "portal-rs"
---

# Brownie’s Marine issues 42,000,000 unregistered shares at $0.0044 each for Sunrise Paddleboards assets

-   Brownie’s Marine Group issued 42,000,000 unregistered common shares in an asset deal for Sunrise Paddleboards’ business assets. \* Shares were priced at $0.00 each, based on the June 30 OTC Markets close, valuing the equity consideration at about $184,800. \* Issuance relied on the Securities Act Section 4(a)(2) exemption for transactions not involving a public offering. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Brownie’s Marine Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-032422), on July 08, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**