UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT
REPORT
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SECTION 7 – REGULATION FD
Item 7.01 Regulation FD Disclosure
On April 12, 2023, FingerMotion, Inc. (the “Company” or “FingerMotion”) issued a news release to report that the Company has recently eliminated its remaining convertible debt with the Company’s primary lender, Lind Global Fund II LP (“Lind Global”), as a result of conversions by Lind Global and payments by the Company, which in the aggregate totaled over $5 million.
Martin Shen, CEO of FingerMotion, Inc., commented, “We have retired all of our outstanding institutional convertible debt, strengthening our balance sheet while maintaining a strong cash position. Eliminating the remaining convertible debt and related obligations to issue any additional common stock to our primary lender eradicates any further dilutive impact of this convertible debt on our stockholders. We are well poised for future growth, and eliminating such convertible debt only reinforces our commitment towards building shareholder value.”
A copy of the news release is attached as Exhibit 99.1 hereto.
SECTION 9 – FINANCIAL STATEMENTS AND EXHIBITS
| Item 9.01 | Financial Statements and Exhibits |
| (d) | Exhibits |
Exhibit |
Description | |
| 99.1 | News Release dated April 12, 2023 | |
| 104 | Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document) |
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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.
| FINGERMOTION, INC. | ||
| DATE: April 12, 2023 | By: | /s/ Martin J. Shen |
| Martin J. Shen | ||
| CEO | ||
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