Attached files
file | filename |
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EX-10.2 - PROMISSORY NOTE - GREEN HYGIENICS HOLDINGS INC. | gryn_ex102.htm |
EX-10.1 - ASSET PURCHASE AGREEMENT - GREEN HYGIENICS HOLDINGS INC. | gryn_ex101.htm |
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) March 2, 2021
Green Hygienics Holdings, Inc. |
(Exact name of registrant as specified in its charter) |
Nevada |
| 000-54338 |
| 26-2801338 |
(State or other jurisdiction of incorporation) |
| (Commission File Number) |
| (IRS Employer Identification No.) |
13795 Blaisdell Place, Suite 202, Poway, CA |
| 92064 |
(Address of principal executive offices) |
| (Zip Code) |
Registrant’s telephone number, including area code: (855) 802-0299
___________________________________________________
(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))
☐ 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 | Trading Symbol(s) | Name of each exchange on which registered |
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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 March 2, 2021 (the “Agreement Date”), Green Hygienics Holdings Inc. (“GRYN or the “Company”), a Nevada corporation, entered into an Asset Purchase Agreement (the “APA”) with Primordia, LLC (“Primordia”), a Nevada limited liability company. Pursuant to the APA, the Company will acquire from Primordia certain assets per Schedule 4.1 of the APA for the purchase price of $431,137. The Company is to pay Primordia $25,000 in cash within 72 hours of the Agreement Date and has also issued a $406,137 Promissory Note (the “Note”). The Note matures March 2, 2022, and carries a per annum interest rate of 4.75%.
The foregoing description of the APA and the Note is qualified in its entirety by reference to the APA and the Note, copies of which are filed as Exhibits 10.1 and 10.2, respectively, to this Current Report on Form 8-K and incorporated by reference herein.
Item 2.01 Completion of Acquisition or Disposition of Assets.
On March 2, 2021, the APA was consummated. The disclosure included under Item 1.01 of this Current Report on Form 8-K is incorporated by reference herein.
Section 9 – Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits.
(c) Exhibits.
Exhibit Number |
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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.
GREEN HYGIENICS HOLDINGS INC. | |||
| (Registrant) |
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Date: March 4, 2021 | By: | /s/ Ron Loudoun | |
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| Ron Loudoun | |
President and Chief Executive Officer |
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