Item 2.01 Completion of Acquisition or Disposition of Assets.
On October 26, 2021, KAYS issued a press release announcing that it had
completed the sale of its Eugene, Oregon cannabis facility for gross proceeds of
$1,325,000 and that the funds received from the sale would be used to repay
certain debt and strengthen its balance sheet, as well as provide the initial
stage capital for some of the Company's U.S. and global expansion activities,
including its planned cultivation sites in Greece and Israel.
A copy of the press release is filed as Exhibit 99.1 to this report.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No Description
99.1 Press Release dated October 26, 2021
Dated: October 27, 2021 KAYA HOLDINGS, INC.
By: /s/ Craig Frank
Craig Frank,
Chief Executive Officer
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