Current Report Filing (8-k)
May 29 2019 - 9:01AM
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):
May 23, 2019
DIRECTVIEW
HOLDINGS, INC.
(Exact
name of registrant as specified in its charter)
Nevada
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000-53741
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04-3053538
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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
Number)
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21218
Saint Andrews Blvd., Suite 323
Boca
Raton, FL 33433
(Address
of principal executive offices)
(561)
750-9777
(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:
[ ]
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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. [ ]
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class
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Trading
Symbol(s)
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Name
of each exchange on which registered
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N/A
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N/A
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N/A
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Item
1.01 Entry into a Material Definitive Agreement.
Effective May 23, 2019, DirectView Holdings,
Inc., a Nevada corporation (the “Company”), through its wholly owned subsidiary Virtual Surveillance, LLC, entered
into an Office Lease Agreement (the “Lease”). The Lease is for a term of one hundred twenty-four months (the “Term”)
for 7,873 square feet of Net Rentable Area (as defined in the Lease) in Allen, Texas beginning September 1, 2019 and ending December
31, 2029. Monthly lease payments amount to $0.00 per month for months 1 through 4 of the Term, $9,185 per month for months 5 through
16 of the Term, $9,841 per month for months 17 through 28 of the Term, $10,825 per month for months 29 through 52 of the Term,
$11,153 per month for months 53 through 76 of the Term, $11,481 per month for months 77 through 100 of the Term, $11,810 per month
for months 101 through 124 of the Term, for a total of approximately $1,314,768 to be paid over the course of the Term.
The Lease contains customary events of
default, representations, warranties and covenants.
The
foregoing summary of the Lease does not purport to be complete and is subject to, and qualified in its entirety by, the full text
of the Lease, filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.
Item
8.01 Other Events.
On
May 29, 2019, the Company issued a press release disclosing information relating the Lease. A copy of the press release
is attached as Exhibit 99.1 hereto.
Item
9.01 Financial Statement and 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 thereunto duly authorized.
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DIRECTVIEW
HOLDINGS, INC.
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Date:
May 29, 2019
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/s/
Roger Ralston
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Name:
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Roger
Ralston
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Title:
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Chief
Executive Officer
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