DarkPulse Enters Material Definitive Agreement

TL;DR

**DarkPulse just signed a big deal, but details are still under wraps.**

AI Summary

DarkPulse, Inc. filed an 8-K on February 5, 2024, reporting an "Entry into a Material Definitive Agreement" and "Regulation FD Disclosure" on January 30, 2024. This filing indicates that the company has entered into a significant new contract or partnership, which could potentially impact its future revenue and operations. For investors, this matters because material agreements often signal new business opportunities or strategic shifts that could affect the stock's valuation, depending on the specifics of the agreement, which are not detailed in this particular filing.

Why It Matters

This filing signals a new, significant business agreement for DarkPulse, Inc., which could lead to new revenue streams or strategic partnerships. The real-world impact depends on the nature and value of this undisclosed agreement.

Risk Assessment

Risk Level: medium — The risk is medium because while a material agreement is positive, the lack of specific details about the agreement's terms, value, or counterparty introduces uncertainty.

Analyst Insight

A smart investor would monitor subsequent filings or press releases from DarkPulse, Inc. for more details regarding the "Material Definitive Agreement" to assess its potential impact on the company's financials and future prospects before making any investment decisions.

Key Players & Entities

• DarkPulse, Inc. (company) — the filer of the 8-K
• January 30, 2024 (date) — date of the earliest event reported
• February 5, 2024 (date) — date the 8-K was filed
• 000-18730 (other) — Commission File Number

FAQ

Key Financial Figures

• $93,750.00 — ven Hundred and Fifty Canadian Dollars ($93,750.00 CDN); and (b) interest accrued on the

Filing Documents

• darkpulse_8k.htm (8-K) — 29KB
• 0001683168-24-000683.txt ( ) — 192KB
• dpls-20240130.xsd (EX-101.SCH) — 3KB
• dpls-20240130_lab.xml (EX-101.LAB) — 33KB
• dpls-20240130_pre.xml (EX-101.PRE) — 22KB
• darkpulse_8k_htm.xml (XML) — 3KB

01

Item 1.01 Entry Into A Material Definitive Agreement. Amendment to Second Amended Equity Financing Agreement with GHS Investments On January 30, 2024, DarkPulse, Inc., a Delaware corporation (the " Company "), entered into Amendment No. 1 to the Second Amended Equity Financing Agreement with GHS Investments LLC, a Nevada limited liability company (" GHS "), pursuant to which the "Contract Period," as defined in the Second Amended Equity Financing Agreement dated July 10, 2023 by and among the Company and GHS (the " EFA "), was amended from 12 months to 24 months. No other changes were made to the EFA. Amendment to Debenture with The University of New Brunswick On February 1, 2024, the Company's board of directors approved entering into the Amendment No. 01 to Convertible Debenture (Secured) Term Debenture (the " Amendment ") with The University of New Brunswick pursuant to which, effective January 17, 2024, section (c) of the recitals of the Convertible Debenture (Secured) Term Debenture effective April 24, 2017 (the " Debenture ") is amended to the following: "(c) the date that is seven (7) years from the Issue Date; or" Section 3.1 of the Debenture is amended to the following: 3.1 Payback on the Principle Sum will commence over a four (4) year period upon the earlier of the following (each a "Payback Period"): (a) three (3) years following the Payor achieving a positive earnings before interest, taxes, depreciation and amortization for two (2) consecutive quarters; or (b) the date that is seven (7) years from the Issue Date. Section 3.2 of the Debenture is amended to the following: "3.2 The Payor shall be required to pay the Payee, in quarterly installments over a four (4) year period commencing from the start of the Payback Period, the following: (a) Ninety-Three Thousand Seven Hundred and Fifty Canadian Dollars ($93,750.00 CDN); and (b) interest accrued on the Principal Sum on a declining balance; and (c) all costs associated with protecting the

01

Item 7.01 Regulation FD Disclosure. On January 30, 2024, Dennis O'Leary, the Company's Chief Executive Officer, hosted an X Space (formerly Twitter Space) which provided general business discussion and updates. The X Space can be found at the following link and is incorporated herein by reference: https://twitter.com/i/spaces/1rmGPMEBBrYJN The furnishing of the X Space is not an admission as to the materiality of any information therein. The information contained in the X Space is summary information that is intended to be considered in the context of more complete information included in the Company's filings with the U.S. Securities and Exchange Commission (the " SEC ") and other public announcements that the Company has made and may make from time to time by press release or otherwise. The Company undertakes no duty or obligation to update or revise the information contained in this report, although it may do so from time to time as its management believes is appropriate. Any such updating may be made through the filing of other reports or documents with the SEC, through press releases or through other public disclosures. The information in this Item 7.01 of this Current Report on Form 8-K and the X Space shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended. The information contained in this Item 7.01 and in the X Space shall not be incorporated by reference into any filing with the SEC made by the Company, whether made before or after the date hereof, regardless of any general incorporation language in such filing. 2

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: February 5, 2024 By: /s/ Dennis O'Leary Dennis O'Leary, Chief Executive Officer 3

View Full Filing

View this 8-K filing on SEC EDGAR