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EX-99.1 - EXHIBIT 99.1 - Touchpoint Group Holdings Inc.s108804_ex99-1.htm
EX-10.1 - EXHIBIT 10.1 - Touchpoint Group Holdings Inc.s108804_ex10-1.htm

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): January 18, 2018

 

One Horizon Group, Inc.

 

(EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER)

 

Delaware    001-36530    46-3561419

(STATE OR OTHER
JURISDICTION OF

INCORPORATION OR
ORGANIZATION)

  (COMMISSION FILE NO.)  

(IRS EMPLOYER

IDENTIFICATION NO.)

  

34 South Molton Street, London W1K 5RG, United Kingdom

(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)

 

+44(0)20 7409 5248 

(ISSUER TELEPHONE NUMBER)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

Item 1.01

Entry Into a Material Definitive Agreement 

 

On January 18, 2018, we entered into an Exchange Agreement with Once In A Lifetime LLC, a Florida limited liability company d/b/a/ 123 Wish (“123 Wish”), and its members to acquire 51% of the membership interests in 123 Wish in exchange for 1,333,334 shares of our common stock plus an additional number of shares of our common stock based upon the net after tax earnings of 123 Wish during the six month periods ending six and twelve months after the completion of the acquisition (the “Exchange Agreement”).

 

 

 

 

123Wish is an experience based platform that offers participants an opportunity to play and win unique experiences from the world’s most renowned celebrities, influencers, athletes, designers, artists, luxury items and more while supporting a diverse range of charities.

 

Item 7.01      Regulation FD Disclosure

 

On January 24, 2018, we issued a press release announcing that we had entered into the Exchange Agreement to acquire 51% of the membership interests in 123 Wish. 

 

The information in this Item 7.01 and Exhibit 99.1 shall not be deemed as “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”), or otherwise subject to the liability of such Section, nor shall it be deemed incorporated by reference in any filing by us under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference in such filing.

 

Item 9.01       Financial Statements and Exhibits.

 

(d)         Exhibits

 

Exhibit No.   Description
     
10.1   Exchange Agreement
99.1   Press release issued January 24, 2018.

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  ONE HORIZON GROUP, INC.  
       
Date: January 24, 2018 By:  /s/ Martin Ward  
    Martin Ward  
    Chief Financial Officer