ITEM 8.01 OTHER EVENTS.



Pursuant to its prospectus dated January 18, 2022 (the "Prospectus"), which forms a part of our post-effective amended Registration Statement on Form S-1 (Registration No. 333-249835), ALR Technologies Inc. ("ALRT" or the "Company") has until August 12, 2022, to place 101,025,092 shares of common stock at a price of $0.05 per share. These shares have not yet been placed. On July 7, 2022, the Company and Mr. Sidney Chan agreed to the following:

· The Company will grant Mr. Chan the right and the option to acquire 115,500,000


   shares of common stock at a price of $0.05 per share until December 31, 2026.
   Mr. Chan may exercise the Option by applying or offsetting unpaid principal and
   / or accrued interest owing by the Company to Mr. Chan on the line of credit he
   has issued to the Company, and

· The Company will cancel the right management has to distribute 101,025,092


   shares of common stock at a price of $0.05 pursuant to the Prospectus.



Mr. Chan is the Chairman of the Board of Directors and the Chief Executive Officer of the Company.

A copy of the Option Agreement is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference into item 9.01.





 ITEM 8.01 OTHER EVENTS.



The Company has terminated the right to distribute 101,025,092 unrestricted shares of common stock at a price of $0.05 per share pursuant to the Prospectus.




ITEM 9.01           EXHIBITS AND FINANCIAL STATEMENTS.


Exhibit Document Description

99.1 Option Agreement between Sidney Chan and ALR Technologies Inc.

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