Current Report Filing (8-k)
March 21 2018 - 12:13PM
Edgar (US Regulatory)
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): March 20, 2018
One
Horizon Group, Inc.
(EXACT
NAME OF REGISTRANT AS SPECIFIED IN CHARTER)
Delaware
|
|
001-36530
|
|
46-3561419
|
(STATE
OR OTHER
JURISDICTION OF
INCORPORATION
OR
ORGANIZATION)
|
|
(COMMISSION FILE NO.)
|
|
(IRS
EMPLOYER
IDENTIFICATION
NO.)
|
34
South Molton Street, London W1K 5RG, United Kingdom
(ADDRESS
OF PRINCIPAL EXECUTIVE OFFICES)
+44(0)20
7409 5248
(ISSUER
TELEPHONE NUMBER)
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):
|
☐
|
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. ☐
Item
2.01 Completion of Acquisition or Disposition of Assets
On March 20, 2018,
we acquired all of the outstanding shares of C-Rod, Inc., a Florida corporation (“C-Rod”), including its record label,
Velveteen Entertainment, and media division, Mues Media, in exchange for $150,000 and 1,000,000 shares of our common stock plus
an additional number of shares of our common stock based upon the net after tax earnings of C-Rod during the two years ending after
the completion of the acquisition. The acquisition was completed pursuant to an Exchange Agreement dated February 26, 2018 with
C-Rod and its stockholders.
Item
3.02 Unregistered Sales of Equity Securities
On March 20, 2018,
we issued to the stockholders of C-Rod , each of whom or which represented to us that such stockholder was an accredited investor,
a total of 1,000,000 shares of our common stock (the “Shares”) in exchange for all of the outstanding shares of C-Rod.
The issuance of
the Shares was exempt from registration pursuant to Rule 506 of Regulation D under the Securities Act and Section 4(a)(2) of the
Securities Act. The certificates representing the Shares will be endorsed with the customary Securities Act restrictive legend.
Item
7.01
|
Regulation FD Disclosure
|
On March 21, 2018,
we issued a press release announcing the completion of the acquisition of C-Rod, Inc. pursuant to the Exchange Agreement dated
February 26, 2018 with C-Rod and its stockholders.
The information
in this Item 7.01 and Exhibit 99.1 shall not be deemed as “filed” for purposes of Section 18 of the Securities Exchange
Act of 1934 (the “Exchange Act”), or otherwise subject to the liability of such Section, nor shall it be deemed incorporated
by reference in any filing by us under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation
language in such filing, unless expressly incorporated by specific reference in such filing.
Item
9.01 Financial Statements and Exhibits.
(a)
|
Financial Statements
of business required. We will file the audited financial statements of 123 Wish required under applicable rules of the SEC
within 71 days after the date this Form 8-K reporting the acquisition of C-Rod is required to be filed.
|
(b)
|
Pro forma financial
information. We will file the pro forma financial information required under applicable rules of the SEC within 71 days after
the date this Form 8-K reporting the acquisition of C-Rod is required to be filed.
|
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.
March 21, 2018
|
One Horizon
Group, Inc.
|
|
|
|
By:
|
/s/
Martin Ward
|
|
|
Martin
Ward
|
|
|
Chief
Financial Officer
|