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 28, 2016

 

DIRECTVIEW HOLDINGS, INC.

(Exact name of registrant as specified in its charter)

 

Nevada   333-53741   04-3053538

(State or other jurisdiction

of incorporation)

  (Commission
File Number)
 

(IRS Employer

Identification No.)

 

21218 Saint Andrews Blvd., Suite 323

Boca Raton, FL 33433

(Address of principal executive offices)

 

(561) 750-9777

Registrant’s telephone number, including area code

 

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))

 

 

 

 
 

 

Item 3.03. Material Modifications to Rights of Security Holders.

 

The information set forth in Item 5.03 is incorporated by reference.

 

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

 

Effective August 2, 2016, the Financial Industry Regulatory Authority (FINRA) effected in the marketplace a 1-for-35 reverse stock split for the common stock, par value $0.0001 per share (the “Common Stock”) of DirectView Holdings, Inc. (the “Company”). On July 28, 2016, the Company filed with the Nevada Secretary of State a Certificate of Amendment to its Articles of Incorporation (the “Amendment”) with respect to such 1-for-35 reverse stock split (the “Reverse Split”).

 

Item. 8.01 Other Items

 

Item 5.03 is hereby incorporated by reference.

 

As of August 2, 2016, as a result of the Reverse Split, each 35 shares of the Company’s Common Stock outstanding automatically converted into one share of Common Stock. No fractional shares will be issued in connection with the Reverse Split. Instead, any fractional share resulting from the Reverse Split will be rounded up to the next largest whole share.

 

The Company’s Common Stock will continue to trade on the OTC Marketplace under the symbol “DIRV” with the letter “D” added to the end of the trading symbol for a period of 20 trading days to indicate that the Reverse Split has occurred.

 

The Reverse Split has no impact on shareholders’ proportionate equity interests or voting rights in the Company or the par value of the Company’s Common Stock, which remains unchanged.

 

Item 9.01 Financial Statements and Exhibits.

 

Exhibit No.   Description
     
3.1   Certificate of Amendment to Certificate of Incorporation*

 

* Filed herewith

 

 
 

 

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.

 

  DIRECTVIEW HOLDINGS, INC.
     
Date: August 3, 2016 By: /s/ Roger Ralston
  Name: Roger Ralston
  Title: Chief Executive Officer

 

 
 

 

Directview (CE) (USOTC:DIRV)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Directview (CE) Charts.
Directview (CE) (USOTC:DIRV)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Directview (CE) Charts.