Business Context and Reporting Period
This Form 8-K was filed by Freedom Petroleum, Inc. on July 1, 2015, reporting corporate actions effective as of July 2, 2015. The filing details a name change to Steampunk Wizards, Inc. and a reverse stock split to expand business operations.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance and structural changes.
Material Changes
- Name Change: The company name changed from Freedom Petroleum, Inc. to Steampunk Wizards, Inc.
- Reverse Stock Split: A 2.5:1 reverse stock split was approved, combining every 2.5 shares into 1 share.
- Trading Symbol: The symbol remains FPETD for 20 business days post-effective date before changing to SPWZ.
- CUSIP Number: Updated to 85788 Y104.
- Address Change: Principal executive offices moved to 650 Poydras Street, Suite 1400, New Orleans, LA 70130.
Guidance, Outlook, and Risks
Management stated the purpose of the name change is to expand the range of business operations associated with the corporate name. The filing notes that outstanding stock certificates are issuable upon surrender, meaning shareholders are not required to exchange certificates to reflect the post-split share count unless desired. No specific financial guidance or risk factors were disclosed in this text.
Investor Verification Checklist
- Confirm the effective date of the name change and reverse split (July 2, 2015).
- Verify the transition timeline for the trading symbol from FPETD to SPWZ.
- Check the updated CUSIP number (85788 Y104) for trading and record-keeping.
- Review the Definitive Information Statement on Schedule 14C for detailed shareholder consent records.