Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

At the 2020 annual meeting of stockholders (the "Annual Meeting") of LiqTech International, Inc., a Nevada corporation (the "Company") held on October 29, 2020, our stockholders approved to increase the number of authorized shares of the Company's common stock, par value $0.001 per share ("Common Stock"), from 25,000,000 shares to 100,000,000 shares, and we filed a Certificate of Amendment to our Articles of Incorporation with the Secretary of State of the State of Nevada on November 3, 2020 (as amended by the certificate of correction filed on November 6, 2020, the "Charter Amendment") to reflect the increase.

We subsequently determined that the disclosure contained in the definitive proxy statement disseminated to our stockholders in connection with the Annual Meeting inadvertently described the proposal to approve the Charter Amendment as a non-routine item instead of a routine item. In particular, the proxy statement suggested that brokers would not have the ability to vote shares held on behalf of a beneficial owner for which no voting instructions are provided with respect to the approval of the proposal, even though such discretionary voting is permitted on this proposal under applicable rules.

As a result, on November 13, 2020, we filed a Certificate of Correction (the "Certificate of Correction") to the Charter Amendment with the Secretary of State of the State of Nevada that serves to nullify the increase in the number of authorized shares of Common Stock included in the Charter Amendment, which became effective immediately upon filing. Therefore, the Company currently has 25,000,000 shares of Common Stock authorized. No shares of Common Stock were issued by the Company prior to the filing of the Certificate of Correction.

The foregoing description of the Certificate of Correction does not purport to be complete and is qualified in its entirety by reference to the full text of the Certificate of Correction, a copy of which is filed herewith as Exhibit 3.1 and incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.



(d) Exhibits



Exhibit No.   Exhibit Title or Description

3.1             Certificate of Correction to the Articles of Incorporation of LiqTech
              International, Inc.
104           Cover Page Interactive Data File (embedded within the Inline XBRL
              document)

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