Current Report Filing (8-k)
December 07 2021 - 06:03AM
Edgar (US Regulatory)
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2021-12-01 iso4217:USD xbrli:shares iso4217:USD xbrli:shares
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):
December 1, 2021
CLUBHOUSE MEDIA GROUP, INC.
(Exact name
of registrant as specified in its charter)
Nevada |
|
333-140645 |
|
99-0364697 |
(State or
other jurisdiction of
incorporation or
organization)
|
|
(Commission
File
Number)
|
|
(IRS
Employer
Identification
No.)
|
3651 Lindell Road,
D517
Las Vegas,
Nevada
89103
(Address of
principal executive offices) (Zip code)
(702)
479-3016
(Registrant’s telephone
number, including area code)
N/A
(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)) |
Securities
registered pursuant to Section 12(b) of the Act:
Title of
each class |
|
Trading
Symbol(s) |
|
Name of
each exchange on which registered |
N/A |
|
N/A |
|
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.
Effective
December 1, 2021, Clubhouse Media Group, Inc. (the “Company”)
closed Clubhouse BH, a Clubhouse location in Beverly Hills,
California. Going forward, the Company intends to invest more
heavily in its existing wholly owned digital platforms and
technology, which it believes to be a better use of
capital.
The
influencers that resided in Clubhouse BH have a total
follower reach of approximately 463 million as of December 1, 2021.
As a result of the closing of Clubhouse BH, such influencers
will no longer be required to provide promotion and marketing
social media posts on the Company’s behalf as part of the terms of
their living arrangements in Clubhouse BH. Accordingly, the
Company will exclude such influencers’ followers from the Company’s
calculations of its own follower reach going forward.
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.
Date: December 6,
2021 |
CLUBHOUSE
MEDIA GROUP, INC. |
|
|
|
|
By: |
/s/ Amir
Ben-Yohanan |
|
|
Amir
Ben-Yohanan |
|
|
Chief Executive
Officer |
Clubhouse Media (PK) (USOTC:CMGR)
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