0001493152-19-015512.txt : 20191015 0001493152-19-015512.hdr.sgml : 20191015 20191015163555 ACCESSION NUMBER: 0001493152-19-015512 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20191009 ITEM INFORMATION: Entry into a Material Definitive Agreement FILED AS OF DATE: 20191015 DATE AS OF CHANGE: 20191015 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Sun Pacific Holding Corp. CENTRAL INDEX KEY: 0001343465 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] IRS NUMBER: 901119774 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-51935 FILM NUMBER: 191151297 BUSINESS ADDRESS: STREET 1: 215 GORDON?S CORNER ROAD STREET 2: SUITE 1A MANALAPAN CITY: MANALAPAN STATE: NJ ZIP: 07726 BUSINESS PHONE: 732-845-0906 MAIL ADDRESS: STREET 1: 215 GORDON?S CORNER ROAD STREET 2: SUITE 1A MANALAPAN CITY: MANALAPAN STATE: NJ ZIP: 07726 FORMER COMPANY: FORMER CONFORMED NAME: EXOlifestyle, Inc. DATE OF NAME CHANGE: 20160928 FORMER COMPANY: FORMER CONFORMED NAME: PF Hospitality Group, Inc. DATE OF NAME CHANGE: 20151202 FORMER COMPANY: FORMER CONFORMED NAME: KALAHARI GREENTECH INC. DATE OF NAME CHANGE: 20081231 8-K 1 form8-k.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) October 9, 2019

 

Sun Pacific Holding Corp.
(Exact name of registrant as specified in its charter)

 

Nevada   000-51935   90-1119774
(State or other jurisdiction   (Commission   (IRS Employer

of incorporation)

  File Number)   Identification No.)

 

215 Gordon’s Corner Road, Suite 1A Manalapan, NJ 07726

(Address of principal executive offices)

 

Registrant’s telephone number, including area code 732-845-0906

 

 

(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))

 

 

 

   
 

 

Item 1.01 Entry into a Material Definitive Agreement.

 

On October 9, 2019, MedRecycler-RI, Inc., a subsidiary of Sun Pacific Holding Corp. (the “Company”), entered into the First Amended Indenture of Trust (the “Amended Indenture”), with UMB Bank, N.A., a national banking association (“UMB”) increasing the principal under the original Indenture of Trust by two million seven hundred thousand dollars ($2,700,00.00). As a result, MedRecycler-RI, Inc. owes an aggregate of eight million seven hundred twenty five thousand dollars ($8,725,000). As a condition to entry into the Amended Indenture all parties providing security interest, pledges, and guarantees pursuant to the Original Indenture of Trust signed on February 7, 2019, including the Company, agreed to extend such security interest, pledges, and guarantees pursuant to the terms of the Omnibus Amendment Agreement between the securing parties and UMB, as Trustee on October 9, 2019. In addition, the Trustee required that MedRecycler-RI, Inc. further agree to assign any and all contractual rights related to the equipment.

 

   
 

 

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.

 

  Sun Pacific Holding Corp.
  (Registrant)
     
  Date: October 15, 2019
  By: /s/ Nicholas Campanella
  Name:  Nicholas Campanella
  Title: CEO