Current Report Filing (8-k)
March 14 2018 - 9:42AM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
DC 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 9, 2018
Bespoke
Extracts, Inc.
|
(Exact
name of registrant as specified in its charter)
|
Nevada
|
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000-52759
|
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20-4743354
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(State
or other jurisdiction
of incorporation)
|
|
(Commission
File Number)
|
|
(IRS
Employer
Identification No.)
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323
Sunny Isles Boulevard, Suite 700
Sunny
Isles Beach, FL 33160
(Address
of principal executive offices) (Zip Code)
Registrant's
telephone number, including area code
(855) 633-3738
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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☐
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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☐
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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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☐
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-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
March 9, 2018, Bespoke Extracts, Inc. (the “Company”) entered into and closed an asset purchase agreement with VMI
Acquisitions, LLC (“VMI”), pursuant to which the Company sold to VMI the Company’s proprietary Machine-to-Machine
communications solution and certain other intellectual property for a purchase price of $180,000. $135,000 of the purchase price
was paid by members of VMI in cash and had previously been deposited with the Company. The remaining $45,000 of the purchase price
was paid in the form of a reduction in outstanding debt and reimbursements of expenses owed to a member of VMI. Certain members
of VMI are noteholders and/or shareholders of the Company, and a member of VMI is a former officer and director of the Company.
The
foregoing description of the asset purchase agreement does not purport to be complete and is qualified in its entirety by reference
to the complete text of the document, which is filed as an exhibit to this report and is incorporated herein by reference.
Item
9.01 Financial Statements and Exhibits.
(d)
Exhibits
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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Bespoke
Extracts, Inc.
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|
|
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Date: March
14, 2018
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By:
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/s/
Marc Yahr
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March
Yahr
Chief
Executive Officer
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2
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