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): July 22 , 2019

 

 

INNOVUS PHARMACEUTICALS, INC.

(Exact name of registrant as specified in its charter)

 

 

NEVADA

 

000-52991

 

90-0814124

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

 

8845 REHCO ROAD,

SAN DIEGO, CA 92121

 

92121

(Address of principal executive offices)

 

(Zip Code)

 

 

Registrant’s telephone number, including area code: (858) 964-5123

 

Not applicable.

(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 (see General Instruction A.2. below):

 

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐

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 Exchange Act:

 

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock $0.001 par value

INNV

OTCQB

 

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 8.01 – Other Events

 

 

On July 22, 2019, Innovus Pharmaceuticals, Inc. ("Innovus Pharma" or the “Company”) issued a press release announcing that its Delta Prime Savings Club™ E-commerce marketplace (the “DPSC”) is on track for annual sales of approximately $3 million. The DPSC, one of Innovus Pharma’s main E-Commerce marketplaces, was purchased by the Company in early 2019 for approximately $35,000 plus ~$300,000 in inventory and specializes in selling many types of consumer products in addition to the Company’s OTC ANDA and supplement products and other general consumer care products.

 

The full text of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.

 

Section 9 – Financial Statements and Exhibits

 

Item 9.01 Exhibits

 

Exhibit Number

 

Description

99.1   Press release issued July 22, 2019.

 

 
 

 

SIGNATURE

 

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.

 

 

 

 

 

INNOVUS PHARMACEUTICALS, INC.

 

 

 

 

By:

/s/ Randy Berholtz

 

 

Randy Berholtz

Executive Vice President, Corporate Development and

General Counsel

Date: July 22, 2019