Amended Current Report Filing (8-k/a)
July 28 2020 - 05:09PM
Edgar (US Regulatory)
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
______________________________________________________________________________
FORM 8-K/A
(Amendment No. 1)
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act
of 1934
Date of Report (Date of earliest event reported): June 23,
2020
CLOUDCOMMERCE, INC.
(Exact name of registrant as specified in its charter)
Nevada |
000-13215 |
30-0050402 |
(State or other jurisdiction of incorporation
or organization)
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(Commission
File Number) |
IRS
Employer Identification No.) |
321 Sixth Street
San Antonio, TX
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78215 |
(Address of
Principal Executive Offices) |
(Zip
Code) |
(805) 964-3313
(Registrant’s telephone number, including area code)
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:
¨ Written communications
pursuant to Rule 425 under the Securities Act
¨ Soliciting material
pursuant to Rule 14a-12 under the Exchange Act
¨ Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b))
¨ Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Tile
of each class |
Trading
Symbol(s) |
Name
of each exchange on which registered |
N/A |
N/A |
N/A |
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. ¨
Explanatory Note
This
Current Report on Form 8-K/A amends and restates the Current Report
on Form 8-K filed by CloudCommerce, Inc. on June 24, 2020.
Item 3.02 Unregistered Sales of Equity Securities.
As previously reported, CloudCommerce, Inc. (the “Company”) entered
into securities purchase agreements pursuant to which it issued
convertible notes to various accredited investors, which notes are
convertible into shares of the Company’s common stock on the terms
and subject to the conditions set forth in the various securities
purchase agreements and associated notes. On June 23, 2020, two
accredited investors converted principal and interest resulting in
the issuance of 25,878,082 and 10,000,000 shares for a total of
35,878,082 shares of common stock. The Company has revised the
conversion notice related to the conversion of 25,878,082 shares,
to allocate principal and interest of $86,260.27 to the March 25,
2013 note and $43,130.14 to the April 20, 2018 note. This updated
calculation fully converts the March 25, 2013 note. The conversion
of principal and interest that resulted in the issuance of
10,000,000 shares is unchanged. The total shares issued that were
disclosed in the Form 8-K dated June 24, 2020 remain unchanged.
The securities above were offered and sold pursuant to an
exemption from the registration requirements under Section 4(a)(2)
of the Securities Act of 1933, as amended, since, among other
things, the transactions did not involve a public offering of the
securities.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned thereunto duly authorized.
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CLOUDCOMMERCE,
INC. |
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Date:
July 28, 2020 |
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By: |
/s/ Andrew Van
Noy |
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Name:
Andrew Van Noy |
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Title: Chief Executive Officer
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