Item 8.01 Other Events

On November 25, 2019, US Nuclear Corp., a Delaware corporation (the "Corporation") closed on a Securities Purchase Agreement (the "SPA") with YA II PN, Ltd., a Cayman Islands limited company ("YA"). The Convertible Debenture given by the company in the amount of $500,000 fully converted on December 30, 2020, and is deemed closed and flat. YA II PN, Ltd. was issued a warrant for the purchase of common stock under the Stock Purchase Agreement, and these warrants are still outstanding with an outside termination date of November 25, 2022. It is management's opinion that the full conversion of the debenture into common stock and subsequent stock divestiture clears the Corporation's debt obligations under the debenture, while increasing market visibility and improving operational cash flow. The Corporation issued a press release regarding this disclosure on January 6, 2021.

Item 9.01 Financial Statement and Exhibits.





(d) Exhibits:



Exhibit No.   Document
99.1            Press Release: "US Nuclear 2019 Convertible Debentures Now Fully
              Converted, Closed, and Flat"




                                       1

© Edgar Online, source Glimpses