UNITED STATES
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):
September 17,
2018
MANUFACTURED HOUSING PROPERTIES INC.
(Exact
name of registrant as specified in its charter)
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Nevada
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000-51229
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51-0482104
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(State
or other jurisdiction
of
Incorporation)
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(Commission
File
Number)
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(IRS
Employer ID No.)
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136 Main Street
Pineville, NC 28134
(Address
of Principal Executive Offices) (Zip Code)
(704) 869-2500
(Registrant's
Telephone Number, Including Area Code)
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:
☐
Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 239.425)
☐
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 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 checkmark 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.
☐
Section 1 – Registrant’s Business and
Operations
Item 1.01 Entry into a Material Definitive Agreement.
On
September 17, 2018, the registrant entered into a letter agreement
with Maxim Group LLC (“Maxim”) pursuant to which Maxim
has agreed to provide general financial advisory and investment
banking services to the registrant in exchange for a non-refundable
monthly fee of $25,000 (payable one-half at the beginning of each
month and the remaining one-half at the end of fourth month of the
agreement term) plus three and a half percent (3.5%) of the
outstanding shares of registrant’s common stock as of the
date of execution of the agreement. The term of the agreement is
for a period of four months.
Section
3 – Securities and Trading Markets
Item
3.02 Unregistered Sales of Equity Securities
On
October 7, 2018, the registrant caused 350,000 shares of its
previously unissued common stock to be issued by its transfer agent
to Maxim Group LLC pursuant to the terms of the letter agreement
described in more detail in Item 1.01. The shares issued are
restricted shares and the certificate representing the share
contains the registrant’s customary restrictive legend
regarding sale of the shares.
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.
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MANUFACTURED
HOUSING PROPERTIES INC.
(Registrant)
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Date: November 14,
2018
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By:
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/s/ Raymond M.
Gee
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Raymond M.
Gee
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Chief Executive
Officer
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