Current Report Filing (8-k)
July 02 2021 - 6:02AM
Edgar (US Regulatory)
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): July 1, 2021
TEGO CYBER INC.
(Exact
name of registrant as specified in its charter)
Nevada
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333-248929
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84-2678167
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(State
or other jurisdiction of incorporation)
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(Commission
File Number)
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(IRS
Employer Identification ID No.)
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8565 South Eastern Avenue, Suite 150
Las Vegas, Nevada 89123
(Address
of principal executive offices)(Zip Code)
(855) 939-0100
(Registrant’s
telephone number, including area code)
Not Applicable
(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 obligations 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 CFR240.13e-4(c))
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 1.02 Termination of a Material Definitive
Agreement.
On June 29, 2021, Tego Cyber Inc. (the “Company”)
repaid in full all the outstanding indebtedness obligations under
the Convertible Promissory Note (the “Promissory Note”)
agreement dated March 25, 2021 between the Company and GS Capital
Partners, LLC (the “Lender”). The
Company’s payment to the Lender totaled $146,880
which satisfies the Company’s debt obligations.
The Company incurred any early termination penalty of $22,480
as a result of the prepayment of the indebtedness. The material
terms of the Loan Agreement are described in the Company’s
Form 10-Q filed with the Securities and Exchange Commission
(“SEC”) on May 17, 2021.
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.
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TEGO
CYBER INC.
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|
|
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Date: July 1,
2021
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By:
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/s/ Shannon
Wilkinson
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Shannon
Wilkinson
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Chief Executive
Officer
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