Company: SCTH
Filing Date: 2025-11-20
Form Type: 10-Q
Source: 0001017386-25-000148
Chunk: 20

Company: Securetech Innovations, Inc.
Filing Date: 2025-11-20
Form: 10-Q
Item: Part I, Item 8
Chunk 20
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 a material adverse effect on its business, financial condition, results of operations, or cash flows.

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NOTE 16 – SUBSEQUENT EVENTS
 
In accordance with ASC Topic 855, “Subsequent Events”, which establishes general standards of accounting for and disclosure of events that occur after the balance sheet date but before the unaudited condensed consolidated financial statements are issued, the Company has evaluated all events or transactions that occurred after September 30, 2025, up to November 21, 2025 that the unaudited condensed consolidated financial statements were available to be issued.
 
Share Exchange and Cancellations
 
On November 11, 2025, the Company entered into Share Exchange Agreements two unrelated shareholders whereby it issued an aggregate of 400 shares of its Series A Preferred Stock in exchange for an aggregate of 4,000,000 shares of its common stock.
 
All shares of common stock received in these stock exchanges were subsequently canceled. No consideration was paid or received in connection with the share exchanges.
 
Share Issuances
 
On November 5, 2025, the Company issued an aggregate of 56,413 shares of its common stock, $0.001 par value, to two independent consultants. These shares were valued at an aggregate of $224,048.75, or approximately $3.97 per share.

As of November 19, 2025, the Company had 31,370,414 shares of its common stock issued and outstanding and 18,095 shares of its Series A Preferred Stock issued and outstanding.

The Company evaluated subsequent events through the date these financial statements were issued and concluded that, other than the matters noted above, there were no additional events requiring recognition or disclosure.

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Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

The following Management’s Discussion and Analysis of Financial Condition and Results of Operations (“MD&A”) is intended to provide readers with an understanding of the business activities, financial position, and operating results of SecureTech Innovations, Inc. (“SecureTech” or the “Company”). This MD&A should be read together with our unaudited consolidated financial statements and related notes included elsewhere in this Quarterly Report on Form 10-Q, as well as our audited financial statements for the year ended December 31, 2024, filed with the Securities and Exchange Commission (“SEC”) on Form 10-K on March 31, 2025.

This discussion contains forward