Item 8.01 Other Events

Pursuant to certain Notes issued pursuant to an Indenture of Trust dated February 7, 2020 and disclosed via a Current Report on Form 8-K filed with the SEC on February 11, 2019, and all such Amendments as disclosed on subsequent Current Report(s) on Form 8-K, Medrecycler-RI, Inc., a wholly owned subsidiary of Sun Pacific Holding Corp. (the "Company"), was informed on October 15, 2020 that the Noteholder agreed to forbear from taking any remedial action for an Event of Default, absent additional Events of Default, until the next interest payment is due pursuant to the Indenture of Trust, January 29, 2021.

© Edgar Online, source Glimpses