Current Report Filing (8-k)
March 04 2020 - 05:02PM
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): March 2,
2020
HYPERSOLAR, INC.
(Exact name of registrant as specified in its charter)
Nevada |
|
000-54437 |
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26-4298300 |
(State
or other jurisdiction
of incorporation) |
|
(Commission File Number) |
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(IRS
Employer
Identification No.) |
10 E. Yanonali, Suite 36
Santa Barbara, CA 93101
(Address of principal executive offices and Zip Code)
Registrant’s telephone number, including area code: (805)
966-6566
Copies to:
Gregory Sichenzia, Esq.
Marcelle S. Balcombe, Esq.
Sichenzia Ross Ference LLP
1185 Avenue of the Americas, 37th Floor
New York, New York 10036
Phone: (212) 930-9700
Fax: (212) 930-9725
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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☐ |
Written communications pursuant to Rule 425 under
the Securities Act (17 CFR 230.425) |
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☐ |
Soliciting material pursuant to Rule 14a-12 under
the Exchange Act (17 CFR 240.14a-12) |
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☐ |
Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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☐ |
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:
Title of each
class |
|
Trading
Symbol(s) |
|
Name of each exchange on which
registered |
Not applicable |
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Not applicable |
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Not applicable |
Indicate by check mark whether the registrant is an emerging growth
company as defined in as defined in Rule 405 of the Securities Act
of 1933 (§230.405 of this chapter) or Rule 12b2 of the Securities
Exchange Act of 1934 (§240.12b2 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 3.02 Unregistered Sales of Equity Securities.
As
previously reported, Hypersolar, Inc. (the “Company”) entered into
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 conditions set forth in the
various agreements. Between February 12, 2020 and March 2, 2020,
holders of the convertible promissory notes converted partial
principal and interest into an aggregate of 77,913,970 shares of
the Company’s common stock.
The
securities above were offered and sold pursuant to an exemption
from the registration requirements under Section 4(a)(2) of the
Securities Act since, among other things, the transactions did not
involve a public offering.
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 hereunto duly authorized.
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HYPERSOLAR,
INC. |
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Date: March 4, 2020 |
/s/ Timothy Young |
|
Timothy Young |
|
Chief Executive
Officer |