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): December 16, 2020
FACT, INC.
(Exact Name of Registrant as Specified in Charter)
| Nevada | 333-223568 | 98-1350973 | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
2 Toronto street, suite 231 Toronto, Ontario |
M5C 2B5 | |
| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: (437) 703-2482
Tiburon International Trading, Corp.
Xinkaicun, group 5, Weizigouzhen, Jiutai
Changchun, Jilin province, China 130519
(Former name, former address and former fiscal year, if changed since last report)
Copies to:
Arthur S. Marcus, Esq
Sichenzia Ross Ference LLP
1185 Avenue of the Americas
37th Floor
New York, New York
10036 (212) 930-9700
(212) 930-9725 (fax)
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)) |
Securities registered pursuant to Section 12(b) of the Act: None
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 [X]
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 7.01 Regulation FD Disclosure
On December 16, 2020, the Company issued a press release announcing the change of the Company’s ticker symbol to “FCTI”. A copy of the press release is attached hereto and incorporated by reference in its entirety as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits.
| Exhibit Number | Description | |
| 99.1 | Press Release, dated December 16, 2020 |
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.
| FACT, INC. | ||
| Date: December 16, 2020 | By: | /s/ Brian McWilliams |
| Brian McWilliams | ||
| Chief Executive Officer | ||
Exhibit 99.1
TORONTO, December 16, 2020 — FACT Inc. (formerly Tiburon International Trading Inc.) (OTC: FCTI) (the “Company” or “FACT, Inc”) is pleased to announce today that it has changed its ticker symbol to align with the recent strategic changes within the Company, including the refocusing of the Company on verification, reporting and management of fine art and collectibles for the global market. The name change was approved on November 18, 2020 by the Board of Directors and the majority shareholder. The Company expects that the shares of common stock will begin trading on the OTC Markets under the new symbol “FCTI” on December 16, 2020.
“We are pleased to announce a rebranding of the Company that reflects the strategic realignment of the Company’s business objective around changing the way art is authenticated, tracked and managed across multiple sectors throughout the fine art and collectible industry” said Patricia Trompeter, Chief Operating Officer of FACT, Inc. “We want our company name and symbol to embody the Company’s DNA as well as our breakthrough products and services that will revolutionize security for the art market.”
Certificates representing common shares of Tiburon International Trading, Inc. will not need to be exchanged as a result of the name change.
ABOUT FACT INC.
FACT, Inc, or Forensic Asset Certification Technology operates globally offering products and services to revolutionize security for the art market. FACT utilizes the ballistics technology currently employed by global law enforcement agencies to authenticate and analyze fine art and collectibles. FACT, Inc offers a suite of products that includes authentication, condition reporting, GPS tracking, provenance data, as well as collection management – all stored securely on blockchain accessible in real time to the consumer.
For more information, please visit www.factsecured.com
Source: FACT, Inc.
For more Information, please contact:
Patricia Trompeter
COO
T: 1.203.524.6524
E: patricia@factsecured.com
Forward-Looking Information
This press release contains forward-looking information within the meaning of applicable securities laws. All information and statements other than statements of historical facts contained in this press release are forward-looking information. Such statements and information may be identified by looking for words such as “about”, “approximately”, “may”, “believes”, “expects”, “will”, “intend”, “should”, “plan”, “predict”, “potential”, “project”, “anticipate”, “estimate”, “continue” or similar words or the negative thereof or other comparable terminology. Such forward-looking information includes, without limitation, statements with respect to business strategy and plans, and objectives of or involving the Company. The forward-looking information is based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information since no assurance can be given that they will prove to be correct. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, the market for the common shares, volatility of market price for common shares and other risks generally attributable to the business of the Company.
THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE SECURITIES LEGISLATION.