Current Report Filing (8-k)

Date : 03/05/2019 @ 11:16AM
Source : Edgar (US Regulatory)
Stock : DSG Global Inc (DSGT)
Quote : 0.63  0.03 (5.00%) @ 9:14PM

Current Report Filing (8-k)

 

 

 

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) February 11, 2019

 

DSG GLOBAL INC.
(Exact name of registrant as specified in its charter)

 

Nevada   000-53988   26-1134956

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

214 – 5455 152 nd Street, Surrey, British Columbia, Canada   V3S 5A5
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code (604) 575-3848

 

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:

 

[  ] 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))

 

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. [  ]

 

 

 

 
2

 

Item 8.01 Other Events

 

On February 11, 2019 our Corporate Actions Committee, appointed by our Board of Directors, approved a resolution to effect a reverse stock split of our authorized and issued and outstanding shares of common stock on a one (1) new for 4,000 old basis. Upon effect of the reverse stock split, our authorized capital will decrease from 3,000,000,000 shares of common stock to 750,000 shares of common stock and correspondingly, our issued and outstanding shall decrease from 2,578,434,224 shares of common stock to approximately 644,609 shares of common stock, all with a par value of $0.001. Our shares of Preferred Stock will remain unchanged.

 

A Certificate of Change will be filed with the Nevada Secretary of State to give effect to the reverse stock split.

 

The reverse stock split is currently being reviewed by the Financial Industry Regulatory Authority (FINRA). We will announce the completion of the FINRA review and the effectiveness of the reverse stock split by filing a Current Report on Form 8-K.

 

 
3

 

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.

 

DSG GLOBAL INC.  
   
/s/ Robert Silzer  
Robert Silzer  
President  
   
Date: March 5, 2019  

 

 
 

 

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