ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION

On January 23, 2023, SMG Industries Inc. (the "Company") issued a press release reporting its preliminary revenue results for the year ended December 31, 2022. A copy of the release issued by the Company with respect to these matters is attached hereto as Exhibit 99.1 and incorporated herein by reference. The information in the release and in this Item 2.02 is "furnished" and not "filed" for purposes of Section 18 of the Securities and Exchange Act of 1934, or otherwise subject to the liabilities of that section. Such information may be incorporated by reference in another filing under the Securities and Exchange Act of 1934 or the Securities Act of 1933 only if, and to the extent that, such subsequent filing specifically references such information.

ITEM 3.02 UNREGISTERED SALES OF EQUITY SECURITIES

On January 27, 2023, the Company issued an aggregate of 6,772,737 shares of its common stock, par value $.001 per share ("Common Stock") to various holders of the Company's promissory notes in exchange for the noteholders agreeing to extend the maturity date of an aggregate of $4,515,157 of the Company's outstanding promissory notes to June 30, 2023. All of the shares of Common Stock were issued pursuant to Section 4(2) of the Securities Act of 1933, as amended. On January 27, 2023, the Company issued an aggregate of 2,000,000 shares of its Common Stock to four purchasers of promissory notes in the principal amount of $1,000,000, and all of the shares of Common Stock were issued pursuant to Section 4(2) of the Securities Act of 1933, as amended. On January 27, 2023, the Company issued 500,000 shares of its Common Stock to an advisor in connection with the execution of an advisory agreement with such advisor, all shares issued thereunder were issued pursuant to Section 4(2) of the Securities Act of 1933, as amended.

ITEM 7.01. REGULATION FD DISCLOSURE

The information included in Item 2.02 of this Form 8-K, including the press release attached as Exhibit 99.1, is incorporated by reference into this Item 7.01 in satisfaction of the public disclosure requirements of Regulation FD. This information is "furnished" and not "filed" for purposes of Section 18 of the Securities and Exchange Act of 1934, or otherwise subject to the liabilities of that section. It may be incorporated by reference in another filing under the Securities and Exchange Act of 1934 or the Securities Act of 1933 only if, and to the extent that, such subsequent filing specifically references the information incorporated by reference herein.

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