Current Report Filing (8-k)
July 01 2021 - 11:26AM
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
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Date
of Report (Date of earliest event reported):
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June 30, 2021
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Video River Networks, Inc.
(Exact name of registrant
as specified in its charter)
Nevada
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File Number: 0-30786
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87-0627349
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(State of incorporation)
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(Commission File Number)
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(IRS
Employer Identification No.)
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370 Amapola Ave., Suite 200A,
Torrance, CA 90501
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(Address of principal executive
offices) (Zip Code)
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(310) 895-1839
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(Registrant’s telephone number,
including area code)
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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:
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))
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Item
1.01.
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Entry
Into Material Definitive Agreement.
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On
June 30, 2021, the Company and TRITON FUNDS LP, a Delaware limited partnership
(the “Investor”) entered into a common stock purchase agreement pursuant to
which “Investor
shall purchase up to Two Million Dollars ($2,000,000) of Securities after a
Registration Statement is declared effective by the Securities and Exchange
Commission covering the Securities and Common Stock to be purchased under the
Agreement.” Investor would purchase 200,000 shares and “Purchase Price” shall
mean a fixed price of Ten Dollars ($10).
The
foregoing summary of the Agreement is qualified in all respects by the
Agreement, a copy of which is attached hereto as Exhibit 10.1 and incorporated
herein by this reference.
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Item
9.01.
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Financial
Statements and Exhibits.
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Exhibit No.
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Description/Exhibit
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10.1
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Common
stock purchase agreement between the
Company and Triton Fund
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10.2
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Common
stock purchase Warrants between the Company
and Triton Fund
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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.
Video River
Networks, Inc.
Dated:
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July
1, 2021 By:
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/s/
Frank I Igwealor
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Frank
I Igwealor, CPA, JD, CMA, CFM
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President
and CEO
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Video River Networks (PK) (USOTC:NIHK)
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