Recent Updates — ITOX
On September 21, 2026, the Board of Directors appointed Vidhyadhar Mitta as a director of IIOT-OXYS, Inc., effective immediately. Mr. Mitta previously served on the board and has been assigned to no committees given the absence of board committees. His appointment follows a November 5, 2025 Debt Exchange Agreement wherein he converted $216,156 in principal and accrued interest from a 12% Secured Convertible Promissory Note into 180 shares of Series E Preferred Stock and cancelled 12,000 shares of Series A Preferred Stock. No other reportable transactions exist between the company and Mr. Mitta. The company operates in the industrial internet of things sector.
On September 9, 2026, Mark Grober, Sarfraz Hajee, and Matthew L. Schissler resigned from the Board of Directors of IIOT-OXYS, Inc., effective immediately. The company stated that none of these resignations resulted from any disagreement with management regarding operations, policies, or practices. This filing reports a significant change in the composition of the board of directors for this industrial technology and IoT solutions provider.
IIOT-OXYS, Inc. entered into Amendment No. 2 to its Securities Purchase Agreement with GHS Investments, LLC on August 6, 2026, authorizing a Fourth Additional Closing for up to 37 shares of Series D Convertible Preferred Stock at $1,000 per share, plus three additional shares as an equity incentive. On August 7, 2026, the company issued 40 shares of preferred stock to GHS for total proceeds of $37,000. The amendment also increased the aggregate authorization under the agreement to 207 shares of Series D Convertible Preferred Stock. This transaction represents a private equity financing event conducted in reliance on Regulation D exemptions. IIOT-OXYS, Inc. operates in the industrial internet of things sector.