Form 8-K - Current report
February 12 2024 - 11:37AM
Edgar (US Regulatory)
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2024-02-10
2024-02-10
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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): February 10, 2024
HIMALAYA
TECHNOLOGIES, INC.
(Exact
name of Registrant as specified in its Charter)
nevada |
|
000-55282 |
|
26-0841675 |
(State
or other jurisdiction
of
incorporation) |
|
(Commission
File
No.) |
|
(IRS
Employer
Identification
No.) |
108
Scharberry Lane #2, Mars, PA 16046
(Address
of principal executive offices)
(630)
708-0750
(Registrant’s
Telephone Number)
(Former
name or 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 (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)) |
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class |
|
Trading
symbol(s) |
|
Name
of each exchange on which registered |
Common |
|
HMLA |
|
OTC
Pink |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405)
or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2) ☒
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
Himalaya
Technologies, Inc. is referred to herein as “Himalaya”, “we”, “us”, or “the Company”.
Item
7.01 Regulation FD Disclosure.
On
February 10, 2024, we offered to invest in a developer and provider of artificial intelligence (“AI”)-based
early cancer detection technology and services utilizing several dozen unique tests for lung cancer, breast cancer, and other
cancerous diseases. We have offered a minority ownership position of our equity capitalization to the Target in exchange for an
exclusive license to resell testing services to the smart kiosk and smart chair markets in the telehealth, emergency medical clinic,
K12, college and university, nursing home, retirement community, municipal government, big box, and grocery
store markets. Additionally, we are negotiating an option to buy 5% of the Target’s business at an approximate 500 million
valuation (subject to potential adjustments on a lower round) in order to spin-out/spin-off the Company to our shareholders,
subject to regulatory and legal review, and align our Companies’ strategic interests.
On
February 11, 2024, we offered to exchange a minority ownership of our equity capitalization for a like stake in a manufacturer
of patented smart kiosks and smart chairs designed for the telehealth, emergency medical clinic, K12, college and university, nursing
home, retirement community, municipal government, big box, and grocery store markets. Additionally, we are
negotiating a dealer, reseller, or master agent agreement to directly offer the products along with AI-driven disease detection
services. Subject to regulatory and legal review, we intend to spin-out/spin-off the Target to our shareholders or merge with the
Target to align our Companies’ strategic interests.
We
are in the process of engaging healthcare consultants and financial advisors to advise us during a proposed 30-day
exclusive process towards closing. Both Targets have engaged investment bankers to manage their capital formation processes
as they seek growth funding and go public paths. There are no assurances we will be successful in financing or closing the Transactions.
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.
|
HIMALAYA
TECHNOLOGIES, INC. |
|
|
|
Date:
February 12, 2024 |
By: |
/s/
Vikram Grover |
|
|
Vikram
Grover |
|
|
Chief
Executive Officer |
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