Current Report Filing (8-k)
April 12 2021 - 1:23PM
Edgar (US Regulatory)
0001087022
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0001087022
2021-04-01
2021-04-01
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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): April 12, 2021
ALR TECHNOLOGIES
INC.
(Exact Name
of Registrant as Specified in Charter)
Nevada
|
|
000-30414
|
|
88-0225807
|
(State or Other Jurisdiction
of Incorporation)
|
|
(Commission
File Number)
|
|
(IRS Employer
Identification No.)
|
7400
Beaufont Springs Drive, Suite 300, Richmond, Virginia 23225
(Address
of Principal Executive Offices) (Zip Code)
(804)
554-3500
Registrant’s
telephone number, including area code
(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)
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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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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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Title
of each class
|
|
Trading
Symbol(s)
|
|
Name
of each exchange on which registered
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Common Shares
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|
ALRT
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NONE
|
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. ☐
Extension
of Rights Offering
As previously
announced, on January 29, 2021 pursuant to our Registration Statement on Form S-1, as amended (Registration No. 333-249835) and
Prospectus dated December 4, 2020, ALR Technologies Inc. (“we”, “us”, “our”, and the “Company”)
has completed the closing of our rights offering (the “Rights Offering”) of non-transferable subscription rights to
purchase shares of our common stock, $0.001 par value, at the exercise price of $0.05 per share. On January 29, 2021 the Company
issued a total of 14,496,635 free-trading shares pursuant to the exercise of registered subscription rights for gross proceeds
of $724,831.75.
Pursuant
to the Prospectus, the Company had ninety days from the close of the Rights Offering (subject to extension) to place the remaining
subscription rights to purchase up to 113,025,592 at a price of $0.05 per share for an aggregate subscription amount of $5,651,280.
The Company has elected to extend the initial 90 day period by an additional 100 day period from the closing of the Rights Offering.
Subsequent to the extension the Rights Offering will expire on July 31, 2021.
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.
Dated: April
12, 2021
ALR TECHNOLOGIES
INC.
/s/
Sidney Chan
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|
Sidney Chan
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|
Chief Executive Officer
and
Chairman
of the Board of Directors
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|
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