Item 8.01. Other Events.
On December 7, 2020, Sollensys Corp. (the "Company") announced the acquisition
of Login Custom Software, LLC, a technology, consulting, engineering and custom
software development company. On December 11, 2020, the Company announced that,
due to certain legal restrictions, the transaction as contemplated is not
capable of being consummated. Accordingly, the parties have agreed to terminate
the related transaction documents and will investigate alternative structures.
A copy of this press release is attached hereto as Exhibit 99.1 and incorporated
herein by reference. The information contained in the websites is not a part of
this Current Report on Form 8-K.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
99.1 Press release of the registrant dated December 11, 2020.
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