Item 1.01 Entry Into A Material Definitive Agreement.

On October 12, 2022 (the "Closing Date"), DarkPulse, Inc., a Delaware corporation (the "Company"), entered into and closed the Purchase Agreement (the "Agreement") pursuant to which the Company purchased 2,623,120 shares of Class B Common Stock (the "Class B Common Stock") and 4,298,496 Private Placement Warrants, each of which is exercisable to purchase one share of Class A Common Stock (the "Warrants," together, with the Class B Common Stock, the "Securities") of Gladstone Acquisition Corp., a Delaware corporation (NASDAQ: GLEE) (the "SPAC"), from Gladstone Sponsor, LLC ("Original Sponsor") for $1,500,000 (the "Purchase Price").

In addition to the payment of the Purchase Price, the Company also assumed the following obligations: (i) responsibility for all of SPAC's public company reporting obligations, (ii) the right to provide an extension payment and extend the deadline of the SPAC to complete an initial business combination from 15 months from August 9, 2021 to 18 months for an additional $1,150,000, and (iii) all other obligations and liabilities of the Original Sponsor related to the SPAC.

Pursuant to the Agreement, the Company replaced the SPAC's current directors and officers with directors and officers the Company selected in its sole discretion. Following the closing of the Agreement, the SPAC changed its name to Global System Dynamics, Inc.

In addition to the Agreement, the Company also entered into the Assignment, Assumption, Release and Waiver of the Letter Agreement pursuant to which the Original Sponsor and each of the parties to the Letter Agreement (defined below) agreed that all rights, interests and obligations of the Original Sponsor under the Letter Agreement (as defined below) were hereby assigned to the Company and that the Original Sponsor will have no further rights, interests or obligations under the Letter Agreement as of the Closing Date.

The letter agreement dated August 4, 2021 (the "Letter Agreement"), was by and among the Original Sponsor, et. al., and delivered to the SPAC in accordance with an Underwriting Agreement, dated August 4, 2021 (the "Underwriting Agreement"), entered into by and among the SPAC and EF Hutton, division of Benchmark Investments, LLC, as representative of the underwriters, et. al.

Finally, in addition to the Agreement, the Company entered into the Joinder to the Registration Rights Agreement pursuant to which the Company agreed to become a party to the Registration Rights Agreement dated as of August 4, 2021 by and among the SPAC, the Original Sponsor, et. al.

Item 2.01 Completion of Acquisition or Disposition of Assets.

The disclosure in Item 1.01 of this Current Report on Form 8-K is hereby incorporated by reference into this Item 2.01.

Item 7.01 Regulation FD Disclosure.

On October 13, 2022, the Company issued a press release which announced the closing of the Agreement.

The furnishing of the press release is not an admission as to the materiality of any information therein. The information contained in the press release is summary information that is intended to be considered in the context of more complete information included in the Company's filings with the U.S. Securities and Exchange Commission (the "SEC") and other public announcements that the Company has made and may make from time to time by press release or otherwise. The Company undertakes no duty or obligation to update or revise the information contained in this report, although it may do so from time to time as its management believes is appropriate. Any such updating may be made through the filing of other reports or documents with the SEC, through press releases or through other public disclosures.

The information in this Item 7.01 of this Current Report on Form 8-K and the press release shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended. The information contained in this Item 7.01 and in the press release shall not be incorporated by reference into any filing with the SEC made by the Company, whether made before or after the date hereof, regardless of any general incorporation language in such filing.











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Item 9.01 Financial Statements and Exhibits.






(d) Exhibits.


Exhibit No. Description 99.1 Press Release dated October 13, 2022 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

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