Form 8-K - Current report
July 17 2023 - 12:14PM
Edgar (US Regulatory)
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2023-07-11
2023-07-11
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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
July
11, 2023
Date
of report (date of earliest event reported)
RocketFuel
Blockchain, Inc.
(Exact
Name of Registrant as Specified in Charter)
Nevada |
|
Commission
File No. 033-17773-NY |
|
90-1188745 |
(State
or Other Jurisdiction |
|
(Commission |
|
(IRS
Employer |
of
Incorporation) |
|
File
Number) |
|
Identification
No.) |
201
Spear Street, Suite
1100, San
Francisco, CA
94105
(Address
of Principal Executive Offices)
(424)
256-8560
(Registrant’s
Telephone Number)
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 (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 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act:
Title
of Each Class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
None |
|
None |
|
None |
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
8.01 Other Events.
In
January 2022, RocketFuel Blockchain, Inc. (the “Company”) terminated its agreement with Scarola Schaffzib Zubatov PLLC (“SSZ”),
which the Company had retained to represent it in certain litigation. The reason for the termination was that the Company believed that
SSZ had overcharged for legal services provided. Subsequent to the termination, SSZ sent the Company additional invoices, to which the
Company also objected. In August 2022 SZZ filed a lawsuit in the Supreme Court of the State of New York, County of New York, claiming
it is owed approximately $120,000 in legal fees. The Company disputed that this amount is owed, and contends that a portion of the legal
fees previously paid should be refunded. On July 11, 2023 the Court granted SSZ’s motion for summary judgement on its account stated
cause of action and denied the Company’s cross-motion for an adjournment of the motion pending discovery. The Company has filed
a notice of appeal and has accrued approximately $120,000 in accounts payable.
Item
9.01 Financial Statements and Exhibits
(d)
Exhibits.
Exhibit |
|
|
Number |
|
Description |
|
|
|
104 |
|
Cover
Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant
to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report
to be signed on its behalf by the undersigned, thereunto duly authorized.
Dated:
July 17, 2023 |
RocketFuel
Blockchain, Inc. |
|
|
|
|
By: |
/s/
Bennett J. Yankowitz |
|
|
Bennett
J. Yankowitz |
|
|
Chief
Financial Officer |
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