UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 1.01 Entry into a Material Definitive Agreement.
Warrant Exchange Agreements
On October 30, 2023, Malachite Innovations, Inc. (the “Company”) entered into warrant exchange agreements (the “Warrant Exchange Agreements”) with certain holders of warrants (the “Warrant Holders”) to exchange warrants to purchase a total of 21,733,334 shares of the Company’s common stock for an aggregate of 2,173,334 shares of the Company’s common stock.
The foregoing description of the Warrant Exchange Agreements does not purport to be complete and is qualified in its entirety by reference to the full text of the form of the Warrant Exchange Agreement attached hereto as Exhibit 10.1.
Item 3.02. Unregistered Sales of Equity Securities.
The information set forth in Item 1.01 above is hereby incorporated by reference into this Item 3.02 in its entirety. Pursuant to the Warrant Exchange Agreements, the Company issued 2,173,334 shares of the Company’s common stock to the Warrant Holders effective as of October 30, 2023.
Item 9.01 Financial Statements and Exhibits.
Exhibit No. |
Description | |
| 10.1 | Form of Warrant Exchange Agreement dated October 30, 2023, between the Company and the Holder | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| MALACHITE INNOVATIONS, INC. | ||
| Dated: November 1, 2023 | By: | /s/ Michael Cavanaugh |
| Name: | Michael Cavanaugh | |
| Title: | Chief Executive Officer | |
EXHIBIT INDEX
Exhibit No. |
Description | |
| 10.1 | Form of Warrant Exchange Agreement dated October 30, 2023, between the Company and the Holder | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |