Information Statement - All Other (definitive) (def 14c)
October 01 2019 - 11:38AM
Edgar (US Regulatory)
SCHEDULE
14C INFORMATION
Information
Statement Pursuant to Section 14(c)
of
the Securities Exchange Act of 1934
Check
the appropriate box:
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Preliminary
Information Statement
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Confidential,
for Use of the Commission Only (as permitted by Rule 14c-5 (d)(2))
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Definitive
Information Statement
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CYBER
APPS WORLD INC.
(Name
of Registrant As Specified In Charter)
Payment
of Filing Fee (Check the appropriate box):
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No
fee required.
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Fee
computed on table below per Exchange Act Rules 14c-5(g) and 0-11.
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1)
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Title
of each class of securities to which transaction applies:
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2)
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Aggregate
number of securities to which transaction applies:
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3)
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Per
unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (Set forth the amount on which
the filing fee is calculated and state how it was determined):
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4)
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Proposed
maximum aggregate value of transaction:
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5)
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Total
fee paid:
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Fee
paid previously with preliminary materials.
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Check
box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting
fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date
of its filing.
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1)
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Amount
Previously Paid:
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2)
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Form,
Schedule or Registration Statement No:
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3)
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Filing
Party:
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4)
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Date
Filed:
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DATED
SEPTEMBER 30, 2019
THIS
INFORMATION STATEMENT IS BEING PROVIDED TO
YOU
BY THE BOARD OF DIRECTORS OF CYBER APPS WORLD INC.
WE
ARE NOT ASKING YOU FOR A PROXY AND YOU ARE
REQUESTED
NOT TO SEND US A PROXY
INFORMATION
STATEMENT
CYBER
APPS WORLD INC.
420
North Nellis Boulevard, Suite A3-146
Las
Vegas, Nevada 89110
September
30, 2019
GENERAL
INFORMATION
This
Information Statement has been filed with the Securities and Exchange Commission and is being furnished, pursuant to Section 14C
of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), to the holders (the “Stockholders”)
of the common stock, par value $.001 per share (the “Common Stock”), of Cyber Apps World Inc., a Nevada Corporation
(the “Company”), to notify such Stockholders of the following:
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1.
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On
or about August 22, 2019, the Company received written consents in lieu of a meeting
of Stockholders from holders of 32,060,000 shares of common stock representing approximately
75.26% of the 42,600,468 shares of the total issued and outstanding shares of voting
stock of the Company (the “Majority Stockholders”) authorizing the Company
to complete a forward split of the Company’s issued and outstanding shares of common
stock such that every one share of common stock issued and outstanding prior to the split
be exchanged for four post-split shares of common stock and that the Company’s
post-forward split authorized capital consist of 250,000,000 shares of common stock with
a par value of $0.00075 per share and 10,000,000 shares of preferred stock with a par
value of $0.001 (the “Forward Split”). Accordingly, your consent is not required
and is not being solicited in connection with the approval of the actions.
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2.
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On
August 22, 2019, the Board of Directors of the Company approved the Forward Split.
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WE
ARE NOT ASKING YOU FOR A PROXY AND YOU ARE REQUESTED NOT TO SEND A PROXY.
The
entire cost of furnishing this Information Statement will be borne by the Company. The Company will request brokerage houses,
nominees, custodians, fiduciaries and other like parties to forward this Information Statement to the beneficial owners of the
Common Stock held of record by them. The Board of Directors has fixed the close of business on September 24, 2019, as the record
date (the “Record Date”) for the determination of Stockholders who are entitled to receive this Information Statement.
Each
share of our common stock entitles its holder to one vote on each matter submitted to the stockholders. However, because the stockholders
holding at least a majority of the voting rights of all outstanding shares of capital stock as of the Record Date have voted in
favor of the foregoing actions by resolution; and having sufficient voting power to approve such proposals through their ownership
of the capital stock, no other consents will be solicited in connection with this Information Statement.
You
are being provided with this Information Statement pursuant to Section 14C of the Exchange Act and Regulation 14C and Schedule
14C thereunder, and, in accordance therewith, the forgoing action will not become effective until at least 20 calendar days after
the mailing of this Information Statement.
ADDITIONAL
INFORMATION
The
Company is subject to the informational requirements of the Securities Exchange Act of 1934, as amended (the “Exchange Act”),
and in accordance therewith files reports, proxy statements and other information including annual and quarterly reports on Form
10-K and 10-Q (the “1934 Act Filings”) with the Securities and Exchange Commission (the “Commission”).
Reports and other information filed by the Company can be inspected and copied at the public reference facilities maintained at
the Commission at 100 F Street, N.E., Washington, DC 20549. Copies of such material can be obtained upon written request addressed
to the Commission, Public Reference Section, 100 F Street, N.E., Washington, D.C. 20549, at prescribed rates. The Commission maintains
a web site on the Internet (http://www.sec.gov) that contains reports, proxy and information statements and other information
regarding issuers that file electronically with the Commission through the Electronic Data Gathering, Analysis and Retrieval System
(“EDGAR”).
OUTSTANDING
VOTING SECURITIES
As
of the date of the Consent by the Majority Stockholders, August 22, 2019, the Company had 42,600,468 shares of common stock issued
and outstanding. Each share of outstanding common stock is entitled to one vote on matters submitted for Stockholder approval.
On
August 22, 2019, the holders of 32,060,000 shares (or approximately 75.26% of the 42,600,468 shares of Common Stock then outstanding)
executed and delivered to the Company a written consent approving the actions set forth herein. Since the action has been approved
by the Majority Stockholders, no proxies are being solicited with this Information Statement.
SECURITY
OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
The
following information table sets forth certain information regarding the Company’s common stock owned on August 22, 2019,
by (i) each who is known by the Company to own beneficially more than 5% of its outstanding Common Stock, (ii) each director and
officer, and (iii) all officers and directors as a group:
Name of Beneficial Owner
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Number of
Common Shares Owned
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Percent of Class (1)
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Kateryna Malenko
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20,560,000
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48.26
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%
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Real-Time Save Online Inc.(2)
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11,500,000
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27.00
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%
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Liudmilla Voinarovska
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6,608
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0.00
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%
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All officers and directors consisting of two persons
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20,566,608
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48.26
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%
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(1)
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Applicable
percentage of ownership is based on 42,600,468 shares of common stock outstanding as of August 22, 2019.
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(2)
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The
beneficial owner of Real-Time Save Online Inc., a Wyoming incorporated company, is Mehboob Charania.
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DISSENTER’S
RIGHTS OF APPRAISAL
Section
78.3793 of Nevada Revised Statue (“NRS”) which provides dissenting shareholders with rights to obtain payment of the
fair value of his/her shares in the case of control share acquisition is not applicable to the matters disclosed in this Information
Statement. Accordingly, dissenting shareholders will not have rights to appraisal in connection with the amendment to the
Articles of Incorporation discussed in this Information Statement.
AMENDMENT
OF ARTICLES OF INCORPORATION TO COMPLETE A FORWARD SPLIT OF THE COMPANY’S ISSUED COMMON SHARES AND AMEND ITS ARTICLES OF
INCORPORATION ACCORDINGLY
On
August 22, 2019, the Majority Stockholders took action by written consent to complete a forward split of the Company’s issued
and outstanding shares of common stock such that every one share of common stock issued and outstanding prior to the split be
exchanged for four post-split shares of common stock and that the Company’s post-forward split authorized capital consist
of 250,000,000 shares of common stock with a par value of $0.00075 per share and 10,000,000 shares of preferred stock with a par
value of $0.001.
Our
Board of Directors has authorized the forward split to increase liquidity of the trading market for the Company’s shares,
of which there is no guarantee as a result of this corporate change.
This
Information Statement is provided to the holders of common stock of the Company only for information purposes in connection with
the forward stock split described herein pursuant to and in accordance with Rule 14c-2 of the Exchange Act.
By Order of the Board of Directors
/s/
Luidmilla Voinarovska
Luidmilla Voinarovska
President & CEO
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