Current Report Filing (8-k)
August 04 2017 - 4:06PM
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
August
4, 2017
(July 31, 2017)
Date
of Report (Date of earliest event reported)
DIGILITI
MONEY GROUP, INC.
(Exact
Name of Registrant as Specified in its Charter)
Delaware
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000-53925
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27-2205650
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(State
or other jurisdiction
of
incorporation)
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(Commission
File
Number)
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(I.R.S.
Employer
Identification
No.)
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18671
Lake Drive East
dellFive
Business Park G
Minneapolis,
MN
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55317
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(Address
of Principal Executive Offices)
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(Zip
Code)
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Registrant’s
telephone number, including area code:
(952) 698-6980
N/A
(Former
name or former address, if changed since last report)
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:
[ ]
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Written
communications pursuant to Rule 425 under the Securities Act
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[ ]
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act
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[ ]
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act
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[ ]
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act
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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 (17 CFR 230.405)
or Rule 12b-2 of the Exchange Act (17 CFR 240.12b-2).
Emerging
growth company [X]
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
July 31, 2017, Digiliti Money, Inc. (the “Company”) entered into a Promissory Note agreement for $200,000 with James
L. Davis, a director of the Company. The Promissory Note accrues interest at a rate of 4% per annum and represents the senior
indebtedness of the Company. All principal and accrued but unpaid interest on the Promissory Note will become due and payable
on the earlier of (a) the date the Company enters into any financing, in the form of debt or equity, and (b) October 29, 2017.
Item
9.01 Financial Statements and Exhibits.
(d)
Exhibits.
10.1
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Promissory
Note, dated July 31, 2017, issued by the Company to James L. Davis
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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.
August
4, 2017
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DIGILITI
MONEY, INC.
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By:
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/s/
Bryan Meier
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Bryan
Meier
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Chief
Financial Officer
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