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EX-99.1 - BIOTRICITY INC.ex99-1.htm

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 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): August 11, 2020

 

BIOTRICITY INC.

 

(Exact name of registrant as specified in its charter)

 

Nevada   000-56074   47-2548273

(State or Other Jurisdiction of

Incorporation or Organization)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

275 Shoreline Drive, Suite 150

Redwood City, California 94065

 

(Address of Principal Executive Offices)

 

(650) 832-1626
(
Registrant’s telephone number, including area code)

 

 

(Former Name or Former Address, if Changed Since Last Report)

 

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))
   
  Securities registered pursuant to Section 12(b) of the Act: note
   
[  ] 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 [X]

   
  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. [X]

 

 

 

 
 

 

Item8.01 Other Events.

 

On August 11, 2020(the “Execution Date”) Biotricty Inc. (the “Company”) executed a Definitive Agreement of Understanding with MD Matrix Inc. The agreement of understanding sets forth the term upon which the parties would enter into a license agreement pursuant to which he Company would license MDM’s core technology and pursuant to which the Company would have the right to acquire the MDM technology. The terms of the Agreement of Understanding expire ninety days after the Execution Date.

 

The foregoing descriptions of the Agreement of Understanding is qualified by reference to the full text of such document which is filed as exhibits to this report.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit Number   Description
99.1   Definitive Agreement of Understanding

 

 
 

 

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 thereunto duly authorized.

 

Date: August 13, 2020

 

  BIOTRICITY INC.
     
  By: /s/ Waqaas Al-Siddiq
   

Waqaas Al-Siddiq

Chief Executive Officer