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): October 1, 2020
 
NATURALSHRIMP INCORPORATED
(Exact name of registrant as specified in its charter)
 
Nevada
 
000-54030
 
74-3262176
(State or other jurisdiction
 
(Commission
 
(IRS Employer
of incorporation)
 
File Number)
 
Identification No.)
 
15150 Preston Road, Suite #300
Dallas, Texas 75248
(Address of principal executive offices)
 
Registrant’s telephone number, including area code: (888) 791-9474
 
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))
 
Securities registered pursuant to Section 12(b) of the Act:
 
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
None
N/A
N/A
 
Indicate by check mark whether the registrant is an emerging growth company as defined in 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 checkmark 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 August 11, 2020, NaturalShrimp Incorporated (the “Company”) issued a press release announcing that it has signed a letter of intent to acquire the assets of Alder Aqua, formerly known as VeroBlue Farms, in Webster City, Iowa, (“VeroBlue”) including, but not limited to, the real property, equipment, tanks, rolling stock, inventory, permits, contracts, customer lists and contracts and other such assets used in the operation of the business (the “LOI”). Under the terms of the LOI, the acquisition is subject to successful due diligence by the Company and is expected to close in the fourth quarter of 2020. The LOI also contained exclusivity provisions through September 15, 2020.
 
On October 1, 2020, the Company and VeroBlue executed an extension of exclusivity agreement to the LOI to extend the exclusivity period to October 31, 2020 or the closing, whichever occurs first.
 
 
 
 
 
 
 
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.
 
Dated: October 5, 2020
 
 
 
NATURALSHRIMP INCORPORATED
 
 
 
 
 
By:
/s/ Gerald Easterling
 
 
Name: Gerald Easterling
 
 
Title: Chief Executive Officer
 
 
NaturalShrimp (QB) (USOTC:SHMP)
Historical Stock Chart
From Nov 2020 to Dec 2020 Click Here for more NaturalShrimp (QB) Charts.
NaturalShrimp (QB) (USOTC:SHMP)
Historical Stock Chart
From Dec 2019 to Dec 2020 Click Here for more NaturalShrimp (QB) Charts.