Current Report Filing (8-k)
24 Junho 2020 - 2:57PM
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): June 22, 2020
Coro
Global Inc.
(Exact
name of registrant as specified in its charter)
Nevada
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033-25126
D
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85-0368333
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(State
or other jurisdiction
of
incorporation)
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(Commission File
Number)
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(IRS
Employer
Identification
No.)
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78
SW 7th Street
Miami,
FL
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33130
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(Address of principal
executive offices)
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(Zip Code)
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Registrant’s
telephone number, including area code: (888) 879-8896
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(Former
name or former address, if changed since last report)
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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:
☐
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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☐
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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☐
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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☐
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities
registered pursuant to Section 12(b) of the Act: None.
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR
§230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
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
June 23, 2020, Coro Global Inc. (the “Company”) entered into a securities purchase agreement with an accredited investor
pursuant to which the Company issued and sold to the investor 50,000 shares of common stock for an aggregate purchase price of
$250,000.
In
connection with the foregoing, the Company relied upon the exemption from registration provided by Section 4(a)(2) under the Securities
Act of 1933, as amended, for transactions not involving a public offering.
Item
3.02 Unregistered Sales of Equity Securities.
The
information under Item 1.01 and 5.02 is incorporated by reference into this Item 3.02.
On
June 18, 2020, the Company issued 16,000 shares of common stock to a consultant for services.
On
June 22, 2020, the Company issued, to a consultant for services, six-month warrants to purchase 30,000 shares of common stock
with an exercise price of $0.01.
On
June 22, 2020, the Company issued to consultants for services, 20,000 shares of common stock.
Since
June 16, 2020, the Company has issued and sold to accredited investors an aggregate of 80,000 shares of common stock at a purchase
price of $5.00 per share (including the sale of 50,000 shares reported in Item 1.01 above), for aggregate gross proceeds of $400,000.
In
connection with the foregoing, the Company relied upon the exemption from registration provided by Section 4(a)(2) under the Securities
Act of 1933, as amended, for transactions not involving a public offering.
Item
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
of Certain Officers.
On
June 22, 2020, the Company issued to Niquana Noel, the Company’s chief operating officer, for services provided, six-month
warrants to purchase 50,000 shares of common stock, with an exercise price of $0.01.
In
connection with the foregoing, the Company relied upon the exemption from registration provided by Section 4(a)(2) under the Securities
Act of 1933, as amended, for transactions not involving a public offering.
Item
9.01 Financial Statements and Exhibits.
(d)
Exhibits
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 thereunto duly authorized.
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CORO GLOBAL INC.
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Date: June 24, 2020
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By:
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/s/ J.
Mark Goode
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Name: J.
Mark Goode
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Title: Chief Executive
Officer
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2
Coro Global (CE) (USOTC:CGLO)
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