Current Report Filing (8-k)
June 21 2022 - 09:01AM
Edgar (US Regulatory)
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2022-06-19 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
June 19, 2022
Date
of Report (Date of earliest event reported)
The Greater Cannabis Company, Inc.
(Exact
Name of Registrant as Specified in Charter)
Florida |
|
000-56027 |
|
30-0842570 |
(State
or other jurisdiction
of
incorporation)
|
|
(Commission
File
Number)
|
|
(IRS
Employer
Identification
No.)
|
15 Walker Ave,
Suite 101
Baltimore,
MD
21208
(Address
of Principal Executive Offices)
(443)
738-4051
(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 |
None |
|
|
|
|
As
used in this Current Report on Form 8-K (this “Current
Report”), and unless otherwise indicated, the terms “the
Company,” “GCAN,” “we,” “us” and
“our” refer to The Greater Cannabis Company, Inc. and it
subsidiaries.
Item
1.01 Entry into a Material Definitive Agreement.
On
June 19, 2022, GCAN and FirstFire Global Opportunities Fund, LLC
(“FFG”) agreed to further amend, effective May 27, 2022,
that certain Amended Securities Purchase Agreement originally dated
March 11, 2021 and amended June 7, 2021 and May 18, 2022 (as
amended, the “SPA”), to provide that the Conversion Price of
the Convertible Promissory Note dated June 28, 2021 in the original
principal amount of $272,500 issued pursuant to the SPA, be set at
$0.001 with respect to the conversion of up to $100,000 in
principal and interest thereunder into shares of the Company’s
common stock as provided for therein.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.
|
THE
GREATER CANNABIS COMPANY, INC.
a
Florida corporation
|
|
|
|
Dated:
June 21, 2022 |
By: |
/s/
Aitan Zacharin |
|
|
Chief
Executive Officer |
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