UNITED STATES FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the |
Date of Report: July 6, 2016 | ||
DigitalTown, Inc. | ||
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MN | 000-27225 | 411427445 |
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10655 NE 4th St. Bellevue, WA |
| 98004 (Zip Code) |
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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:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Section 8- Other Events
Item 8.01 Other Events
On July 6, 2016, the Company entered into a Purchase and Sale Agreement (the “Agreement”), wherein the Company agreed to purchase from an uninterested, third party (“Seller”) all of the Seller’s intellectual property, rights and interest in certain domain names. The Company issued a total of 150,000 shares of restricted common stock to the Seller, valued at $60,000.
SIGNATURES
Dated: July 26 2016 | DIGITALTOWN, INC By: __________________________ |