Current Report Filing (8-k)
December 07 2021 - 6:03AM
Edgar (US Regulatory)
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2021-12-01
2021-12-01
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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): December 1, 2021
CLUBHOUSE
MEDIA GROUP, INC.
(Exact
name of registrant as specified in its charter)
Nevada
|
|
333-140645
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99-0364697
|
(State
or other jurisdiction of
incorporation
or organization)
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|
(Commission
File
Number)
|
|
(IRS
Employer
Identification
No.)
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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):
☐
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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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☐
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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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Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class
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Trading
Symbol(s)
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Name
of each exchange on which registered
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N/A
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N/A
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N/A
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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
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CLUBHOUSE
MEDIA GROUP, INC.
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By:
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/s/
Amir Ben-Yohanan
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Amir
Ben-Yohanan
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Chief
Executive Officer
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Clubhouse Media (PK) (USOTC:CMGR)
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