Current Report Filing (8-k)
May 05 2017 - 3:07PM
Edgar (US Regulatory)
UNITED STATES
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SECURITIES AND EXCHANGE COMMISSION
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WASHINGTON, DC 20549
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FORM 8-K
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CURRENT REPORT PURSUANT
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TO SECTION 13 OR 15(D) OF THE
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SECURITIES EXCHANGE ACT OF 1934
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Date of
report (Date of earliest event reported): May 3, 2017
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SPENDSMART
NETWORKS, INC.
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(Exact
Name of Registrant as Specified in Its Charter)
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Delaware
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000-27145
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33-0756798
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(State
or Other Jurisdiction of Incorporation or
Organization)
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(Commission
File Number)
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(IRS
Employer Identification No.)
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805
Aerovista Place, Suite 205
San Luis Obispo,
CA
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93401
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(Address
of Principal Executive Offices)
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(Zip
Code)
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Registrant’s
Telephone Number, Including Area Code: (866) 497-6081
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N/A
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(Former
Name or Former Address, if Changed Since Last Report)
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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):
☐
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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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Item 1.01
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Entry into a Material Definitive Agreement
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On
May 3, 2017, the Company amended one May 5, 2015 9% Convertible
Promissory Note with a principal amount of $275,000 as follows: the
maturity date was extended to July 7, 2017 and in the event the
borrower completes an asset sale or capital raise of more than
$275,000, then the Notes shall automatically immediately become due
and payable.
Item 2.03
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Creation of a Direct Financial Obligation or an Obligation under an
Off-Balance Sheet Arrangement of a Registrant
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Reference
is made to the discussion in Item 1.01 above with respect to the
obligation of the Company pursuant to the Note.
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, thereunto duly
authorized.
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SPENDSMART NETWORKS, INC.
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By:
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/s/ Luke
Wallace
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Dated:
May 5, 2017
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Luke
Wallce
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Chief
Executive Officer
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