DarkPulse Files Amendment to Material Agreement Filing
Ticker: DPLS · Form: 8-K/A · Filed: May 24, 2024 · CIK: 866439
| Field | Detail |
|---|---|
| Company | Darkpulse, INC. (DPLS) |
| Form Type | 8-K/A |
| Filed Date | May 24, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $65,000, $30,000, $35,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: amendment, material-agreement, filing-update
Related Tickers: DPUL
TL;DR
DarkPulse amended its filing on a big deal from Dec 1, 2023 - more details coming.
AI Summary
DarkPulse, Inc. filed an amendment (8-K/A) on May 24, 2024, to its Form 8-K originally filed on December 1, 2023. This amendment pertains to Item 1.01, which covers the entry into a material definitive agreement. The filing does not provide specific details about the agreement itself, only that it is an amendment to a previous filing concerning such an agreement.
Why It Matters
This amendment clarifies or corrects information related to a significant contract for DarkPulse, Inc., providing updated details for investors regarding a material definitive agreement.
Risk Assessment
Risk Level: medium — Amendments to material definitive agreements can indicate changes or complexities in business dealings that may impact the company's financial health or strategic direction.
Key Players & Entities
- DarkPulse, Inc. (company) — Filer of the 8-K/A amendment
- December 1, 2023 (date) — Original filing date for the material definitive agreement
- May 24, 2024 (date) — Filing date of the 8-K/A amendment
- Item 1.01 (document_section) — Section of the Form 8-K related to material definitive agreements
FAQ
What specific material definitive agreement is being amended by this 8-K/A filing?
The filing does not specify the exact nature or counterparty of the material definitive agreement being amended, only that it relates to Item 1.01 of a Form 8-K.
What was the original filing date for the material definitive agreement?
The original Form 8-K reporting the entry into the material definitive agreement was filed on December 1, 2023.
When was this amendment (8-K/A) filed with the SEC?
This amendment was filed on May 24, 2024.
What section of the Form 8-K does this amendment pertain to?
This amendment pertains to Item 1.01 of the Form 8-K, which covers the entry into a material definitive agreement.
Does the amendment provide new financial figures or terms of the agreement?
No, the amendment itself does not appear to provide new financial figures or specific terms of the agreement; it is an amendment to a previous filing concerning the agreement.
Filing Stats: 761 words · 3 min read · ~3 pages · Grade level 12.5 · Accepted 2024-05-24 17:15:16
Key Financial Figures
- $65,000 — agreed to purchase from the Seller for $65,000 (the " Purchase Price ") all right, tit
- $30,000 — e Company has made a partial payment of $30,000 toward the Purchase Price and is conduc
- $35,000 — the Company will make the final payment $35,000 and close the acquisitions. 3 SIGNAT
Filing Documents
- darkpulse_8ka1.htm (8-K/A) — 29KB
- 0001683168-24-003822.txt ( ) — 193KB
- dpls-20231201.xsd (EX-101.SCH) — 3KB
- dpls-20231201_lab.xml (EX-101.LAB) — 33KB
- dpls-20231201_pre.xml (EX-101.PRE) — 22KB
- darkpulse_8ka1_htm.xml (XML) — 3KB
01
Item 1.01 Entry Into A Material Definitive Agreement. On December 1, 2023 (the " Effective Date "), DarkPulse, Inc., a Delaware corporation (the " Company " or the " Buyer "), entered into the Sale Agreement (the " Agreement ") with Optilan (UK) Limited (in liquidation) incorporated and registered in England and Wales with company number 02715788 (" Optilan " or the " Seller "), and Colin Hardman, Christopher Allen and Gregory Andrew Palfrey, as joint liquidators of the Seller all of Evelyn Partners LLP (the " Joint Liquidators "). Under the Agreement, the Buyer agreed to purchase from the Seller for $65,000 (the " Purchase Price ") all right, title, and interest in the following: (1) shares in Otilan India PVT (India), (2) shares in Optilan Communications & Security Systems Ltd (Turkey), and (3) the "Applicable Intellectual Property Rights," as defined in the Agreement. The following are excluded from the purchase: (1) any Excluded Intellectual Property Rights, as defined in the Agreement; (2) any cash in hand or at the bank; (3) any real property owned, leased or used by the Seller; (4) all policies of insurance and assurance and any actual or potential claim under such policies or similar contracts or in damages against any third party; (5) the benefit of any actual or potential claim, or right to make a claim, against any person including the proceeds of any litigation; (6) any other shares or other securities owned by the Seller; (7) any stock-in-trade, work-in-progress or raw materials owned by the Seller; and (8) any plant and machinery, including but not limited to any motor vehicles owned or used by the Seller. After signing the Agreement, the Company and the parties to the Agreement discovered ambiguity in certain language within the Agreement most notably related to (3) "Applicable Intellectual Property Rights" and (1) "Excluded Intellectual Property Rights." The Company has made a partial payment of $30,000 toward the Purchase Price and is conducting
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. DarkPulse, Inc. Date: May 24, 2024 By: /s/ Dennis O'Leary Dennis O'Leary, Chief Executive Officer 4