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EX-10 - Video River Networks, Inc.nihkcspw2.htm
EX-10 - Video River Networks, Inc.nihkcspa3.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):

June 30, 2021

 

 

Video River Networks, Inc.

(Exact name of registrant as specified in its charter)

 

Nevada

File Number: 0-30786

87-0627349

(State of incorporation)

(Commission File Number)

(IRS Employer Identification No.)

 

370 Amapola Ave., Suite 200A, Torrance, CA 90501

(Address of principal executive offices) (Zip Code)

 

(310) 895-1839

(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 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))

 


 
 

Item 1.01.

Entry Into Material Definitive Agreement.

 

 

On June 30, 2021, the Company and TRITON FUNDS LP, a Delaware limited partnership (the “Investor”) entered into a common stock purchase agreement pursuant to which “Investor shall purchase up to Two Million Dollars ($2,000,000) of Securities after a Registration Statement is declared effective by the Securities and Exchange Commission covering the Securities and Common Stock to be purchased under the Agreement.”  Investor would purchase 200,000 shares and “Purchase Price” shall mean a fixed price of Ten Dollars ($10).  

 

The foregoing summary of the Agreement is qualified in all respects by the Agreement, a copy of which is attached hereto as Exhibit 10.1 and incorporated herein by this reference.

 

 

 

Item 9.01.

Financial Statements and Exhibits.

 

 

(d)

Exhibits.

 

 

Exhibit No.

Description/Exhibit

 

10.1

Common stock purchase agreement  between the Company and Triton Fund

 

 

10.2

Common stock purchase Warrants between the Company and Triton Fund

 

 

 

 

 

 

SIGNATURE

 

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.

                           

 

                                           

                                  Video River Networks, Inc.

 

Dated:

July 1, 2021                    By:

 /s/ Frank I Igwealor

 

 

Frank I Igwealor, CPA, JD, CMA, CFM

 

 

President and CEO