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): April 3, 2018
Textmunication Holdings Inc.
(Exact name of registrant as specified in its charter)
Nevada | 000-21202 | 58-1588291 | ||
(State or other jurisdiction | (Commission | (I.R.S. Employer | ||
of incorporation) | File Number) | Identification No.) |
1940 Contra Costa Blvd. Pleasant Hill, CA |
94523 | |
(Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: 925-777-2111
(Former name or former address, if changed since last report) |
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 (17CFR 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)) |
SECTION 3 - SECURITIES AND TRADING MARKETS
Item 3.02 Unregistered Sales of Equity Securities
On April 3, 2018, we issued a total of 1.5 units to an accredited investor, where each unit is priced at $25,000 per unit and consists of 1.44% common stock ownership in the company and a warrant to purchase 100,000 shares of common stock for each unit purchased exercisable for three years commencing six months from issuance with an exercise price at $0.60 during the initial year, $0.80 during the second year and $1.00 during the third and final year.
These securities were issued pursuant to Section 4(2) of the Securities Act and/or Rule 506 promulgated thereunder. The investor represented his intention to acquire the securities for investment only and not with a view towards distribution. The investor was given adequate information about us to make an informed investment decision. We did not engage in any general solicitation or advertising. We directed our transfer agent to issue the stock certificates with the appropriate restrictive legend affixed to the restricted stock.
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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.
Textmunication Holdings, Inc. | |
/s/ Wais Asefi | |
Wais Asefi | |
Chief Executive Officer |
Date: April 10, 2018
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