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8-K ·Filed Aug 20, 2026

GOAI

Eva Live Inc
BEARISH
Impact 7/10
Horizonweeks Processed2mo ago SEC0001493152-26-039499
Actionable Insight ▼ Bearish

The massive potential dilution (150M shares vs. current float) creates a severe overhang that will pressure the stock. Monitor the Schedule 14C filing and the 20-day waiting period for the Year 1 Series A issuance — once issued, the 200K Series A shares (convertible to 30M common shares) will be immediately convertible. The $5M severance clause also creates a large cash liability. Avoid long positions until the dilution path is clearer.

DirectionBearish
Confidencehigh
Horizonweeks
Latest settled — T+20d
GOAI ▼ -21.52% at T+20d
SHORT call ✓ call won +21.52% · α vs SPY +21.00% · entry $2.23 → $1.75
Next anchor: T+60d in 18d
Latest observation: T+44 +12.52% FF3 residual α
Entry = T+0 close
Aug 20, 2026
via day close
T+1d
-7.62%
call +7.62% · α +7.33%
$2.06
settled 2mo ago
T+5d
-7.17%
call +7.17% · α +7.65%
$2.07
settled 2mo ago
T+20d
-21.52%
call +21.52% · α +21.00%
$1.75
settled 5w ago
T+60d
Pending
in 18d

Price Chart

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Executive Summary

Eva Live Inc. entered into a new 5-year employment agreement with CEO David Boulette, replacing his prior agreement. The deal includes an $800,000 base salary with 10% annual escalators, a $5 million severance clause, and a massive equity award of up to 1,000,000 shares of Series A Convertible Preferred Stock, convertible into 150,000,000 common shares — over 200% dilution at the current $69M market cap. The filing also establishes the Certificate of Designation for the Series A Preferred Stock, which carries no voting rights and a nominal $0.0001 liquidation preference, making the equity grant a pure dilution mechanism tied to aggressive revenue milestones.

Key Facts

  • CEO David Boulette entered a new 5-year employment agreement with an $800,000 base salary, escalating 10% annually to $1,171,280 by Year 5.
  • The agreement provides a $5,000,000 lump-sum severance payment upon termination without Cause or for Good Reason.
  • Boulette is eligible for up to 1,000,000 shares of Series A Convertible Preferred Stock, each convertible into 150 common shares, totaling up to 150,000,000 common shares.
  • The Year 1 milestone (200,000 Series A shares) is deemed earned upon the Nasdaq uplisting on January 28, 2026, and issuance is pending stockholder approval and regulatory filings.
  • The full award represents potential dilution of ~150M common shares against a $69M market cap — an extraordinary overhang.
  • Year 2 milestone requires a $5M+ acquisition or commercial product launch plus $15M in annual sales; Years 3-5 require 30% YoY sales growth.
  • The Series A Preferred Stock has a $0.0001 stated value, no voting rights, and no mandatory dividends — it is purely a conversion vehicle.
  • Stockholder approval for the equity awards has been obtained by written consent; issuance is subject to Schedule 14C filing and 20-day waiting period.

Financial Impact

Potential dilution of up to 150,000,000 common shares from full conversion of Series A Preferred Stock, against a current market cap of ~$69M. The $5M severance liability is ~7% of market cap. Base salary alone costs $800K escalating to $1.17M annually.

dilutionshare countcash compensation expense

Risk Factors

  • Extraordinary dilution risk: up to 150M common shares from Series A conversion against a ~$69M market cap.
  • Cash compensation burden: $800K base salary escalating to $1.17M, plus $5M severance liability.
  • Aggressive performance milestones: $15M annual sales for Year 2 and 30% YoY growth for Years 3-5 may be unattainable, but the Year 1 tranche is already earned.
  • No voting rights or dividends on Series A Preferred — the CEO gets pure dilution leverage with no economic risk.

Market Snapshot

Exchange
Nasdaq
Sector
Services-Computer Programming, Data Processing, Etc.

Investment Themes

Software & IT

Documents Analyzed

This report is based on 7 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (GOAI) — Batch item 10001493152-26-039499
Exhibit: ex3-1.htm0001493152-26-039499
Document: form8-k.htm0001493152-26-039499
Document: 0001493152-26-039499-index-headers.html0001493152-26-039499
Document: 0001493152-26-039499-index.html0001493152-26-039499
Document: 0001493152-26-039499.txt0001493152-26-039499
8-K Filing (GOAI) — Batch item 70001493152-26-039499
18 reports for GOAI
Performance horizon
50% Hit rate @ T+20 2 of 4 directional calls Went positive at some point 4 of 9 best @ T+60▲ +53.71%Mar 18, 2026
Filters
Rows
Reports for GOAI — sortable, filterable
TypeNow
Oct 26, 2026
today
8-K
BEARISH ★ 5/10
—awaiting T+20——
Oct 23, 2026
3d ago
EFFECT
BEARISH ★ 5/10
$1.36awaiting T+20—$1.01 (+25.55%)
Oct 19, 2026
7d ago
8-K
BEARISH ★ 5/10
$1.44awaiting T+20—$1.01 (+29.69%)
Oct 19, 2026
7d ago
424B5
BEARISH ★ 6/10
$1.44awaiting T+20—$1.01 (+29.69%)
Oct 16, 2026
10d ago
S-3
NEUTRAL ★ 4/10
$1.50awaiting T+20—$1.01 (−32.50%)
Oct 7, 2026
18d ago
8-K
BEARISH ★ 6/10
$1.73awaiting T+20—$1.01 (+41.47%)
Sep 29, 2026
27d ago
Press Release
BULLISH ★ 4/10
$1.88awaiting T+20—$1.01 (−46.14%)
Aug 20, 2026
9w ago
8-K
BEARISH ★ 7/10
$2.23 $1.75▲ +21.52%▲ +21.00%$1.01 (+54.60%)
Aug 11, 2026
10w ago
8-K
NEUTRAL ★ 4/10
$1.68 $2.93▲ +74.40%▲ +76.30%$1.01 (−39.73%)
Jul 20, 2026
14w ago
Press Release
BULLISH ★ 6/10
$2.36 $1.69▼ −28.39%▼ −32.51%$1.01 (−57.10%)
Showing 10 of 18

US Market Status

Market Closed — Opens Tue (< 1m)

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Report published Aug 20, 2026