Item 1.01 Entry into a Material Definitive Agreement
On July 27, 2021, we entered into a Common Stock Purchase Agreement ("CSPA")
with Triton Funds, LP, a Delaware limited partnership ("Triton") giving us the
option to sell up to $1,000,000 worth of our common stock to Triton, in
increments, pursuant to the filing an S-1 Registration Statement. The term of
the CSPA is when Triton has purchased $1,000,000 of our Securities or December
31, 2021.
On July 27, 2021, we entered into Common Stock Purchase Warrant Agreement under
which Triton is granted a 3 year right to purchase up to 300,000 Common Stock
Shares of the Company (the "Warrant Shares") subject to the terms and conditions
of the Warrant and exercise of the Warrant by Triton. The purchase of the
Warrant Shares is subject to an effective registration statement available for
resale of such Warrant Shares.
Item 9.01 Financial Statements and Exhibits.
Exhibit Description
10.1 Common Stock Purchase Agreement dated July 27, 2021
10.2 Common Stock Purchase Warrant dated July 27, 2021
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