HELIX TECHNOLOGIES, INC. : Entry into a Material Definitive Agreement, Financial Statements and Exhibits (form 8-K)

Item 1.01. Entry into a Material Definitive Agreement.

On July 9, 2020, Helix Technologies, Inc. (the "Company") entered into a First Amendment to 10% Fixed Convertible Promissory Note to the note dated October 11, 2019. The amendment reduces the "guaranteed" interest rate from 10% to 9% per annum, the conversion price was reduced to the lesser of $0.11 or 70% of the average of the five lowest daily VWAPs of the Company's common stock during the 15 consecutive trading days prior to the date on which the holder elects to convert all or part of the note and the maturity date is extended to June 26, 2021.

On July 9, 2020, the Company entered into a First Amendment to 10% Fixed Convertible Promissory Note to the note dated December 26, 2019. The amendment reduces the "guaranteed" interest rate from 10% to 9% per annum, the conversion price was reduced to the lesser of $0.11 or 70% of the average of the five lowest daily VWAPs of the Company's common stock during the 15 consecutive trading days prior to the date on which the holder elects to convert all or part of the note and the maturity date is extended to June 26, 2021.

On July 9, 2020, the Company entered into a Second Amendment to September 16, 2019 Fixed Convertible Promissory Note. The amendment reduces the "guaranteed" interest rate from 10% to 9% per annum, the conversion price was reduced to the lesser of $0.11 or 70% of the average of the five lowest daily VWAPs of the Company's common stock during the 15 consecutive trading days prior to the date on which the holder elects to convert all or part of the note and the maturity date is extended to April 11, 2021.

On July 9, 2020, the Company entered into a Second Amendment to August 15, 2019 Fixed Convertible Promissory Note. The amendment reduces the "guaranteed" interest rate from 10% to 9% per annum, the conversion price was reduced to the lesser of $0.11 or 70% of the average of the five lowest daily VWAPs of the Company's common stock during the 15 consecutive trading days prior to the date on which the holder elects to convert all or part of the note and the maturity date is extended to April 11, 2021.

The foregoing summaries of the material terms of the amendments are subject to the full and complete terms of the amendments attached hereto as Exhibits 10.56 to 10.59, which are incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

  (d) Exhibits




Exhibit No.   Description
                First Amendment to 10% Fixed Convertible Promissory Note to the note
10.56         dated October 11, 2019.*
                First Amendment to 10% Fixed Convertible Promissory Note to the note
10.57         dated December 26, 2019.*
                Second Amendment to September 16, 2019 Fixed Convertible Promissory
10.58         Note.*
                Second Amendment to August 15, 2019 Fixed Convertible Promissory
10.59         Note.*

* Certain confidential information contained in this agreement has been omitted

because it is not material and would be competitively harmful if publicly

   disclosed.




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