Form 8-K - Current report
November 03 2023 - 5:13PM
Edgar (US Regulatory)
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0001022505
0001022505
2023-11-01
2023-11-01
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
DC 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): November
1, 2023
SideChannel,
Inc.
(Exact
name of registrant as specified in its charter)
Delaware |
|
000-28745 |
|
86-0837077 |
(State
or other jurisdiction |
|
(Commission
|
|
(IRS
Employer |
of
incorporation or organization) |
|
File
Number) |
|
Identification
No.) |
146
Main Street, Suite
405, Worcester,
MA 01608
(Address
of principal executive offices)
Registrant’s
telephone number, including area code: (508)
925-0114
(Former
name or former address, if changed since last report)
Securities
registered pursuant to Section 12(b) of the Act: None
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)) |
Securities
registered pursuant to Section 12(g) of the Act:
Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
Common
Stock, par value $0.001 per share |
|
SDCH |
|
N/A |
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
8.01 Other Events
On November 1, 2023, the Board of Directors
(the “Board”) of SideChannel, Inc. (the “Company”) finding it in the best interest of the shareholders of the
Company, and by written consent of the Board, have withdrawn the previously announced tender offer filed with the Securities and
Exchange Commission on August 22, 2023 (the “Tender Offer”).
The Tender Offer was made to certain warrant
holders to exchange warrants for shares of common stock. The Company has withdrawn the Tender Offer because the Tender Offer
failed to meet the requirement that all warrants must be tendered by all eligible holders of the warrants. The Company has chosen
not to waive this requirement and is therefore providing notices of withdrawal to warrant holders who submitted
letters of transmittal for the Tender Offer. Due to the withdrawal of the Tender Offer, warrant holders who have submitted
a letter of transmittal prior to the withdrawal of the Tender Offer will retain their original warrants and will not receive shares
of common stock.
The
foregoing descriptions of the Notice of Withdrawal
of the Offer to the Holders of the Warrants, dated November 3, 2023 do not purport to be complete
and are qualified in its entirety by reference to the full text of the Notice of Withdrawal of the Offer to the Holders of the
Warrants, dated November 3, 2023, a copy of which is filed herewith as Exhibit 10.1, and to this
Current Report on Form 8-K and are incorporated herein by reference.
Item
9.01 Financial Statements and Exhibits
(d)
Exhibits
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.
Dated:
November 3, 2023
|
SIDECHANNEL,
INC. |
|
|
|
|
By: |
/s/
Brian Haugli |
|
|
Brian
Haugli |
|
|
Chief
Executive Officer |
Exhibit 10.1
v3.23.3
Cover
|
Nov. 01, 2023 |
Cover [Abstract] |
|
Document Type |
8-K
|
Amendment Flag |
false
|
Document Period End Date |
Nov. 01, 2023
|
Entity File Number |
000-28745
|
Entity Registrant Name |
SideChannel,
Inc.
|
Entity Central Index Key |
0001022505
|
Entity Tax Identification Number |
86-0837077
|
Entity Incorporation, State or Country Code |
DE
|
Entity Address, Address Line One |
146
Main Street
|
Entity Address, Address Line Two |
Suite
405
|
Entity Address, City or Town |
Worcester
|
Entity Address, State or Province |
MA
|
Entity Address, Postal Zip Code |
01608
|
City Area Code |
(508)
|
Local Phone Number |
925-0114
|
Written Communications |
false
|
Soliciting Material |
false
|
Pre-commencement Tender Offer |
false
|
Pre-commencement Issuer Tender Offer |
false
|
Title of 12(b) Security |
Common
Stock, par value $0.001 per share
|
Trading Symbol |
SDCH
|
Entity Emerging Growth Company |
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