Item 1.01 Entry into a Material Definitive Agreement
On
Pursuant to the Subscription Agreement, the issuance of the Common Stock will be exempt from the registration requirements of the Securities Act of 1933, as amended, pursuant to Regulation D promulgated thereunder and such Common Stock will therefore be restricted. The Investor gave representations that he is purchasing the Common Stock without a present view toward a distribution of the Common Stock and that he is an "accredited investor" (as defined under Rule 501 of Regulation D).
The foregoing description of the Subscription Agreement does not purport to be complete and is qualified in its entirety by reference to the complete text of the Subscription Agreement, which is attached as Exhibit 10.1 hereto and is incorporated herein by reference.
Item 3.02 Unregistered Sales of
The information contained in Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 3.02.
Item 9.01 Financial Statements and Exhibits
(d) Exhibit
10.1 Form of Subscription Agreement between the Company and the Investor dated
November 25, 2020 . - 2 -
--------------------------------------------------------------------------------
© Edgar Online, source