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 and Exchange Act of 1934

 

Date of Report (Date of earliest reported event): June 18, 2020

 

ZNERGY, INC.

(Exact name of registrant as specified in its charter)

 

Nevada

000-55152

46-1845946

(State or Other Jurisdiction of Incorporation or Organization)

(Commission File Number)

(IRS Employer Identification No.)

 

808A S. Huntington St.

Syracuse, IN 46567

 (Address of principal executive offices) (Zip Code)

 

Registrant's telephone number, including area code: (800) 931 - 5662

 

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))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

Symbol

Name of each exchange on which registered

Common

ZNRG

OTC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities 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 8.01         Other Events

 

Znergy, Inc. (“Znergy” or the “Company”) announced it has entered into a multi-million Purchase Order (PO) Funding Agreement with FSW Funding. The Agreement provides annual funding of up to $150 million, which will allow for fulfillment of Znergy’s largest retrofit contract to date with one of the world’s top 5 largest worldwide retail clothing chains. Such funding allows the Company to meet supplier requirements and helps bridge the gap between when Purchase Orders are received, project completion is accomplished, and client payment is received. Such funding also positively impacts the Company’s cash flow requirements.

 

 

Forward-Looking Statements

This Current Report on Form 8-K contains forward-looking statements.  These forward-looking statements are subject to a number of risks, uncertainties and assumptions. Our actual results could differ materially from those predicted or implied.  Undue reliance should not be placed on the forward-looking statements in this Current Report on Form 8-K.  We assume no obligation to update such statements.

 

 

 

 

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.

 

 

ZNERGY, INC.

 

 

 

 

 

Date: June 18, 2020

By:

/s/ Dave Baker

 

 

 

Dave Baker

 

 

 

Chief Executive Officer