October 28, 2025 · Form 4 insider transaction
Brown Jeffrey B. bought 1,200,000 shares of AXIL, a transaction worth N/A. The trade was recorded as open-market purchase and disclosed on an SEC Form 4, filed 2 days after the transaction.
The Series A Preferred Stock, par value $0.0001 per share (the "Preferred Stock"), is convertible into shares of the Issuer's common stock on a twenty-for-one basis, at the option of the holder, at any time; provided, that the holder may not convert that number of shares of Preferred Stock which would cause the holder to become the beneficial owner of more than 5% of the Issuer's common stock, as determined in accordance with Sections 13(d) and (g) of the Securities Exchange Act of 1934, as amended, and the rules and regulations thereunder. The Preferred Stock has no expiration date.; On October 28, 2025, BZ Capital Strategies purchased 1,200,000 shares of Preferred Stock (equivalent to 60,000 shares of the Issuer's common stock on an as-converted basis) for consideration of $12,000, pursuant to a purchase agreement entered into with the previous holder of such Preferred Stock.; Jeffrey Brown is the co-owner, Chairman of the board of directors and Chief Financial Officer of BZ Capital Strategies.