Current Report Filing (8-k)
September 02 2020 - 06:00AM
Edgar (US Regulatory)
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) September
1,
2020
APPLIED ENERGETICS, INC.
(Exact Name of Registrant as Specified in Its Charter)
Delaware
(State or Other Jurisdiction of Incorporation)
|
001-14015 |
|
77-0262908 |
| (Commission File
Number) |
|
(IRS Employer
Identification No.) |
|
2480 W
Ruthrauff Road, Suite 140 Q, Tucson, Arizona |
|
85705 |
| (Address of Principal
Executive Offices) |
|
(Zip Code) |
(520) 628-7415
(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 (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. ☐
|
Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
| Common
Stock, par value, $.001 |
|
AERG |
|
OTCQB |
Item 8.01 – Other Events
On September 1, 2020, Applied Energetics, Inc. completed the
repurchase of 5,000,000 shares of its common stock, par value
$0.001 per share, from Stephen W. McCahon, the company’s Chief
Scientist, for a purchase price of $0.06 per share or an aggregate
of $300,000. This repurchase was required pursuant to the
Consulting Agreement, dated as of May 24, 2019, by and between the
company and SWM Consulting, LLC, a limited liability company wholly
owned by Dr. McCahon, as part of the consideration for Dr.
McCahon’s services as Chief Scientist.
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 thereunto duly authorized.
| |
APPLIED ENERGETICS, INC. |
| |
|
| |
By: |
/s/ Gregory J.
Quarles |
| |
|
Gregory J. Quarles
Chief Executive Officer |
Date: September 1, 2020
