Form 8-K - Current report
September 27 2024 - 4:31PM
Edgar (US Regulatory)
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2024-09-23
2024-09-23
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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): September 23, 2024
NEXT-ChemX
Corporation
(Exact
name of registrant as specified in its charter)
Nevada |
|
000-56379 |
|
32-0446353 |
(State
or other jurisdiction
of
incorporation) |
|
(Commission
File
Number) |
|
(IRS
Employer
Identification
No.) |
1980
Festival Plaza Drive, Suite 300
Las
Vegas, NV |
|
89135 |
(Address
of Principal Executive Offices) |
|
(Zip
Code) |
(725)
867-0789
Registrant’s
telephone number, including area code
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)) |
Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
COMMON |
|
CHMX |
|
OTC |
Item
3.02 |
Unregistered
Sales of Equity Securities. |
NEXT-ChemX
Corporation (the “Company”) , trading under the ticker symbol CHMX on OTC Markets (OTC PK), pursuant to a unanimous election
by its Board of Directors, in a special meeting held on Friday, September 23, 2024 by telephonic means, as permitted by Nevada Revised
Statutes (“NRS”) Section 78.315(3) and adopted through a signed written consent, as provided in NRS Section 78.315(2), memorialized
in the Board’s Resolution, dated September, 23, 2024, elected to create a new class of stock, pursuant to Article 4, Section 1(A)
of the company’s Amended and Restated Articles of Incorporation.
This
new classification of securities involves the newly authorized issuance of 20,000 shares of preferred stock in a class identified as
Class “F” Preferred Stock. This newly issued stock includes 10,000 fully assessable Class “F” Preferred Stock,
issued in the name of John Michael Johnson, president, secretary, and a director of the Company, and an additional 10,000 assessable
Class “F” Preferred Stock issued to the Board of Directors (the “Board”) of the Company to utilize as the Board
sees fit in the best interest of the Company.
Item
3.03 |
Material
Modification to Rights of Security Holders. |
Item
3.02 is fully incorporated into the present Item 3.03 disclosure. Series A preferred stock has been issued by the Company prior to the
present issuance of this preferred Class F shares. The Board filed a “Certificate of Designation, Number, Powers, Preferences,
and Relative, Participating, Optional, and Other Special Rights and the Qualifications, Limitations, Restrictions, and Other Distinguishing
Characteristics Of Series “F” Preferred Stock Of Next-ChemX Corporation” (the “Certificate of Designation”)
certifying the rights and benefits of the newly issued Class “F” Preferred Stock as defined by the Board.
Class
F Preferred Stock
Each
share of Class F Preferred Stock ranks senior to all Common Stock and any other class of securities. Each Share of Class F Preferred
Stock shall not be convertible at any time. Each Share of Class F Preferred Stock shall be entitled to One Thousand (1,000) votes on
any matter on which any of the shareholders are required or permitted to vote. No dividends shall be paid on any Series “F”
Preferred Stock.
Item
9.01 |
Financial
Statement and Exhibits. |
(d)
Exhibits.
The
following documents are filed herewith:
Exhibit
No. |
|
Description |
Exhibit
4.1 |
|
Certificate of Designation, Number, Powers, Preferences, and Relative, Participating, Optional, and Other Special Rights and the Qualifications, Limitations, Restrictions, and Other Distinguishing Characteristics Of Series “F” Preferred Stock Of Next-ChemX Corporation |
Exhibit
104 |
|
Cover
Page Interactive Data File (embedded within the Inline XBRL document) |
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 hereunto duly authorized.
Date:
September 27, 2024 |
By: |
/s/
J. Michael Johnson |
|
Name: |
J.
Michael Johnson |
|
Title:
|
President |
Exhibit
4.1
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