UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________________
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
(Exact name of registrant as specified in its charter)
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| (State or other jurisdiction | (Commission | (IRS Employer |
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(Address of principal executive offices) (ZIP Code)
Registrant’s telephone number, including area code: (
Not Applicable
(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:
Securities registered pursuant to Section 12(b) of the Act:
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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 3.02 Unregistered Sales of Equity Securities.
Effective as of September 7, 2022, we issued an aggregate of 825,738 units of our company upon automatic conversion of our special warrants at a deemed price of US$0.37 per unit to one creditor. Each unit was comprised of one share of common stock and one warrant. Each warrant entitled the holder to purchase an additional share of our common stock at a price of US$0.44 per share for a period of three years.
Effective as of September 7, 2022, we issued an aggregate of 825,738 shares of our common stock upon exercise of our common stock purchase warrants with an exercise price of US$0.44 per share for aggregate gross proceeds of US$363,324.72.
We issued the securities to one non-U.S. person (as that term is defined in Regulation S of the Securities Act of 1933, as amended) in an offshore transaction in which we relied on the exemptions from the registration requirements provided for in Regulation S and/or Section 4(a)(2) of the Securities Act of 1933, as amended.
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.
THE ALKALINE WATER COMPANY INC.
| "David A. Guarino" |
| David A. Guarino |
| Chief Financial Officer and Director |
September 9, 2022
Document and Entity Information Document |
Sep. 07, 2022 |
|---|---|
| Document Information [Line Items] | |
| Document Type | 8-K |
| Document Creation Date | Sep. 07, 2022 |
| Document Period End Date | Sep. 07, 2022 |
| Amendment Flag | false |
| Entity Registrant Name | The Alkaline Water Company Inc. |
| Entity Address, Address Line One | 8541 E. Anderson Drive, Suite 100 |
| Entity Address, City or Town | Scottsdale |
| Entity Address, State or Province | AZ |
| Entity Address, Country | US |
| Entity Address, Postal Zip Code | 85255 |
| Entity Incorporation, State Country Name | NV |
| City Area Code | 480 |
| Local Phone Number | 656-2423 |
| Entity File Number | 001-38754 |
| Entity Central Index Key | 0001532390 |
| Entity Emerging Growth Company | false |
| Entity Tax Identification Number | 99-0367049 |
| Written Communications | false |
| Soliciting Material | false |
| Pre-commencement Tender Offer | false |
| Pre-commencement Issuer Tender Offer | false |
| Title of 12(b) Security | Common stock, par value $0.001 per share |
| Trading Symbol | WTER |
| Security Exchange Name | NASDAQ |