Current Report Filing (8-k)
April 26 2019 - 5:23PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported):
April 22, 2019
BIOXYTRAN,
INC.
(Exact
Name if Business Issuer as specified in its Charter)
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Nevada
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001-35027
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26-2797630
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(State or other Jurisdiction
of Incorporation)
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Commission File Number
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(IRS Employer
Identification Number)
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233 Needham Street,
Suite 300
Newton MA, 02464
(Address of principal executive offices, including zip code)
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(617) 494-1199
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(Registrant's telephone number including area code)
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Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions (see General Instruction A.2. below):
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☐
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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☐
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Soliciting
material pursuant to Rule 1 4a- 12 under the Exchange Act (17 CFR 240.1 4a- 12)
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☐
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Pre-commencement
communications pursuant to Rule 1 4d-2(b) under the Exchange Act (17 CFR 240.1 4d-2(b))
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☐
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Pre-commencement
communications pursuant to Rule 1 3e-4(c) under the Exchange Act (17 CFR 240.1 3e-4(c))
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Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item
1.01. Entry Into a Material Definitive Agreement.
On April 22,
2019, Bioxytran, Inc. (“Bioxytran”) and
Resources Unlimited NW LLC (“RU”),
entered investor relations agreement (the “IR Agreement”) where RU will assist Bioxytran with its investor
relations efforts. The term of the agreement is for six months unless earlier terminated. Bioxytran agreed to pay RU a fee of
$2,000 per month and issue RU 50,000 shares of its restricted common stock per month, prorated if earlier terminated. Bioxytran
may, in its sole discretion, pay RU $7,500 per month instead of the issuance of common stock. In addition, RU may be entitled
to receive additional performance-based bonuses as determined by Bioxytran. RU is subject to a limitation on the sale of the common
stock in any one trading day to no more than 5% of the volume weighted average number of shares traded ten days prior to any sale.
Bioxytran and RU previously entered into a one month agreement whereby RU was paid $2,000 and 100,000 shares of restricted common
stock.
The
foregoing description of the IR Agreement does not purport to be complete and is qualified in its entirety by reference to the
full text of the form of IR Agreement, which is filed as Exhibit 10.23 to this Current Report on Form 8-K and incorporated herein
by reference.
Item
3.02 Unregistered Sales of Equity Securities
Item
1.01 herein is incorporated by reference.
All of the shares
issued or that will be issued to RU were not registered under the Securities Act of 1933 and were issued based upon exemptions
from registration provided under Section 4(2) of the Act and Regulation D promulgated thereunder.
Item
9.01. Financial Statements and Exhibits.
(d)
Exhibits.
SIGNATURES
Pursuant
to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
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BIOXYTRAN, INC.
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By:
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/s/ David Platt
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Name:
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Dr. David Platt
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Title:
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President and Chief Executive Officer
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Dated:
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April 26, 2019
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2
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