Current Report Filing (8-k)
January 05 2018 - 2:29PM
Edgar (US Regulatory)
CURRENT
REPORT FOR ISSUERS SUBJECT TO THE
1934
ACT REPORTING REQUIREMENTS
FORM
8-K
SECURITIES
AND EXCHANGE COMMISSION
Washington,
DC 20549
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act
December
29, 2017
Date
of Report
(date
of earliest event reported)
GEX
MANAGEMENT, INC.
(Exact
name of registrant as specified in its charter)
Texas
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000-55867
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56-2428818
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(State or other jurisdiction
of incorporation or organization)
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(Commission File
Number)
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(I.R.S. Employer
Identification No.)
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12001
N. Central Expy., Suite 825
Dallas,
Texas 75243
(Address
of principal executive offices (zip code)
(877)
210-4396
(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:
[
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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 (17CFR 240.13e(c))
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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 of this chapter).
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Emerging growth company [x]
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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. [x]
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ITEM 1.01
Entry into a Material Definitive Agreement
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On December 29, 2017, GEX Management,
Inc. (the “Company”) entered into a Membership Interest Purchase Agreement (the “Purchase Agreement”) with
G&C Family, LLC, an Arkansas limited liability company, to acquire 100% of the member interest in AMAST Consulting, LLC (“AMAST”),
a Texas limited liability company for 200,000 shares of the Company’s common stock.
The Purchase Agreement was entered into
in order to acquire a 12,223 square foot, multi-use office building in Lowell, Arkansas (the “Lowell Office”). The
Lowell Office will establish the Company’s second corporate location in the Northwest Arkansas region. AMAST’s only
assets include the Lowell Office, and the existing lease agreements with its three current tenants. The Purchase Agreement also
obligates the Company, as purchaser of AMAST, to a note payable secured by the Lowell Office in the amount of approximately $1,300,000.
A copy of the Member Interest Purchase Agreement is filed herewith as Exhibit 10.1 to this Form 8-K.
ITEM 3.02 Unregistered
Sales of Equity Securities
As described in Item 1.01 (i)
above, the certificate(s) representing the shares carry a legend that the shares may not be transferred without compliance with
the registration requirements of the Securities Act of 1933 or in reliance upon an exemption therefrom. For this
transaction, the Company relied upon Section 4(2) of the Securities Act of 1933 as an exemption from the registration requirements
of the Act.
ITEM 7.01.
Regulation FD Disclosure.
On January 5,
2018, the Company issued a press release, attached as Exhibit 99.1, announcing the Purchase Agreement. A copy of the press release
is furnished as Exhibit 99.1 hereto and is incorporated herein by reference.
The information
set forth in the attached Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities
Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities
Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
ITEM
9.01 Financial Statements and Exhibits
The following exhibits are
filed herewith:
Exhibit No.
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Description
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10.1
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Membership Interest Purchase Agreement dated December 29, 2017
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99.1
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Press Release dated January 5, 2018, announcing the closing of the Purchase Agreement
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SIGNATURES
Pursuant to
the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Current Report to be signed on its
behalf by the undersigned hereunto duly authorized.
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GEX MANAGEMENT, INC.
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Date: January 5, 2018
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/s/ Carl Dorvil
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Carl Dorvil, Chief Executive Officer
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Gex Management (CE) (USOTC:GXXM)
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