Current Report Filing (8-k)
October 05 2020 - 8:51AM
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): October 1, 2020
NATURALSHRIMP INCORPORATED
(Exact
name of registrant as specified in its charter)
Nevada
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000-54030
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74-3262176
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(State
or other jurisdiction
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(Commission
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(IRS
Employer
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of
incorporation)
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File
Number)
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Identification No.)
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15150 Preston Road, Suite #300
Dallas, Texas 75248
(Address
of principal executive offices)
Registrant’s
telephone number, including area code: (888) 791-9474
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:
[ ]
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
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Trading Symbol(s)
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Name of each exchange on which registered
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None
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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 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 checkmark 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.
On
August 11, 2020, NaturalShrimp Incorporated (the
“Company”) issued a press release announcing that it
has signed a letter of intent to acquire the assets of Alder Aqua,
formerly known as VeroBlue Farms, in Webster City, Iowa,
(“VeroBlue”) including, but not limited to, the real
property, equipment, tanks, rolling stock, inventory, permits,
contracts, customer lists and contracts and other such assets used
in the operation of the business (the “LOI”). Under the
terms of the LOI, the acquisition is subject to successful due
diligence by the Company and is expected to close in the fourth
quarter of 2020. The LOI also contained exclusivity provisions
through September 15, 2020.
On
October 1, 2020, the Company and VeroBlue executed an extension of
exclusivity agreement to the LOI to extend the exclusivity period
to October 31, 2020 or the closing, whichever occurs
first.
SIGNATURE
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 hereunto duly authorized.
Dated:
October 5, 2020
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NATURALSHRIMP INCORPORATED
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By:
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/s/ Gerald Easterling
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Name:
Gerald Easterling
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Title:
Chief Executive Officer
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