Stark Focus Group, Inc. filed a Current Report on Form 8-K with the Securities and Exchange Commission on September 9, 2026, disclosing two significant corporate actions approved by the Board of Directors and the company's stockholders.
The first action involves a corporate amendment to increase the authorized shares of Common Stock. On August 31, 2026, the Board unanimously approved the increase, and on September 1, 2026, holders of a majority of the outstanding shares consented to the change. The Company filed a Certificate of Amendment with the Nevada Secretary of State on September 9, 2026, which became effective immediately upon filing. This amendment raised the authorized shares from 100,000,000 to 500,000,000 shares.
The second action pertains to the adoption of the Stark Focus Group, Inc. Equity Incentive Plan. The Board unanimously approved the plan on September 8, 2026, and the stockholders approved it on September 9, 2026. The plan became effective immediately upon stockholder approval. It is designed for the benefit of employees, directors, and consultants of the Company and its affiliates. The plan allows for the grant of various awards, including incentive stock options, non-qualified stock options, restricted stock awards, stock appreciation rights, performance stock awards, performance unit awards, unrestricted stock awards, and distribution equivalent rights.
Under the terms of the Equity Incentive Plan, 5,000,000 shares of Common Stock have been reserved for issuance. Additionally, the plan includes a provision for automatic annual increases. For a period of five years, commencing on January 1, 2027, the number of shares reserved for issuance will automatically increase each year on January 1st to equal 15% of the total number of shares of Common Stock outstanding as of December 31 of the preceding year.
