Current Report Filing (8-k)
September 22 2021 - 2:00PM
Edgar (US Regulatory)
0000866439
false
true
0000866439
2021-09-21
2021-09-21
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities
and Exchange Act of 1934
Date of Report (Date of earliest event reported):
September 21, 2021
Commission File Number 000-18730
DARKPULSE, INC.
(Exact name of small business issuer as specified
in its charter)
Delaware
|
|
87-0472109
|
(State or other jurisdiction
of incorporation or organization)
|
|
(I.R.S. Employer
Identification No.)
|
1345
Ave of the Americas, 2nd Floor, New
York, NY 10105
(Address of principal executive offices)
800-436-1436
(Issuer’s telephone number)
_______________________________________________________
(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
Instructions 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
|
Not applicable.
|
|
|
|
|
Indicate by check mark whether the registrant
is an emerging growth company as defined in 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 1.01
|
Entry Into A Material Definitive Agreement.
|
On September 21, 2021, DarkPulse, Inc., a Delaware
corporation (the “Company”), entered into the Research Agreement (the “Agreement”) with the Arizona
Board of Regents on behalf of the University of Arizona, an Arizona body corporate (the “University”). Pursuant to
the Agreement, the Company will pay to the University a budgeted total of $121,253. The Company paid $30,313.25 (25%) to the University
upon execution of the Agreement. The Company is also obligated to pay an additional $25,000 to the University within 30 days of the date
of the Agreement and ~$11,367.47 quarterly for the remainder of the project until paid in full. In exchange for the payments described
herein, the University will use reasonable efforts to perform the research project, as described in the Agreement. Subject to the payment
of the payments described herein, the University grants to the Company an exclusive royalty-free, license to make, have made, import,
use, market, offer for sale, sell, reproduce, distribute, prepare derivative works, publicly perform and publicly display the intellectual
property derived from the Agreement. The Agreement will terminate on September 30, 2023.
|
Item 7.01
|
Regulation FD Disclosure.
|
On September 22, 2021,
the Company issued press release which announced the Agreement. A copy of the press release is attached hereto as Exhibit 99.1, and is
incorporated herein by reference. Pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”),
the information in this Item 7.01 disclosure, including Exhibit 99.1, and the information set forth therein, is deemed to have been furnished
to, and shall not be deemed to be “filed” with, the SEC.
The press release may
contain forward-looking statements. Such forward-looking statements are based on information presently available to the Company’s
management and are current only as of the date made. Actual results could also differ materially from those anticipated as a result of
a number of factors, including, but not limited to, those discussed in the Company’s Annual Report on Form 10-K for the year ended
December 31, 2020, and subsequent reports filed by the Company with the SEC. For those reasons, undue reliance should not be placed on
any forward-looking statement. The Company assumes no duty or obligation to update or revise any forward-looking statement, although it
may do so from time to time as management believes is warranted or as may be required by applicable securities law. Any such updates or
revisions may be made by the registrant by filing reports with the SEC, through the issuance of press releases or by other methods of
public disclosure.
|
Item 9.01
|
Financial Statements and Exhibits.
|
(d) Exhibits.
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
|
DarkPulse, Inc.
|
|
|
Date: September 22, 2021
|
By:
|
/s/ Dennis O’Leary
|
|
|
Dennis O’Leary, Chief Executive Officer
|
DarkPulse (PK) (USOTC:DPLS)
Historical Stock Chart
From Mar 2024 to Apr 2024
DarkPulse (PK) (USOTC:DPLS)
Historical Stock Chart
From Apr 2023 to Apr 2024