Attached files
| file | filename |
|---|---|
| EX-10.1 - HOTAPP BLOCKCHAIN INC. 2018 EQUITY INCENTIVE PLAN - GigWorld Inc. | http_ex101.htm |
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): July 30, 2018
HotApp Blockchain Inc.
(Exact
name of registrant as specified in its charter)
|
Delaware
|
333-194748
|
47-4742558
|
|
(State
or other jurisdiction of incorporation)
|
(Commission
File No.)
|
(IRS
Employer Identification No.)
|
|
4800 Montgomery Lane, Suite 210
Bethesda, MD
|
20814
|
|
(Address
of principal executive offices)
|
(Zip
Code)
|
|
|
|
|
Registrant’s
telephone number, including area code
|
(301) 971-3940
|
N/A
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 (see General Instruction A.2.
below):
☐ 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))
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 ☑
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
5.02
Departure
of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers.
2018 Equity Incentive Plan
On July
30, 2018, Singapore eDevelopment Limited, the stockholder holding a
majority of the issued and outstanding common stock of HotApp
Blockchain Inc. (the “Company”), approved the adoption
of the 2018 HotApp Blockchain Inc. Equity Incentive Plan (the
“Plan”), following the approval of the Plan by the
Company’s Board of Directors. The Plan shall be effective
immediately, for the benefit of the directors, officers, employees
and consultants of the Company and its affiliates. The Plan
provides for the grant of options and/or other
stock-based or stock-denominated awards.
Subject to adjustment in accordance with the terms of the Plan,
50,000,000 shares of Common Stock of the Company have been reserved
for issuance pursuant to awards under the Plan. The Plan will be
administered by the Company’s Board of
Directors.
This
Plan shall terminate ten (10) years from the date of its adoption
by the Board of Directors.
The
foregoing description of the Plan is not complete and is qualified
in its entirety by reference to the full text of the Plan, which is
filed as Exhibit 10.1 to this Current Report on Form 8-K and
incorporated in this Item 5.02 by reference thereto.
Item
5.07
Submission
of Matters to a Vote of Security Holders.
On July
30, 2018, Singapore eDevelopment Limited, the stockholder holding a
majority of the Company’s issued and outstanding common
stock, approved the adoption of the Plan following the approval of
the Plan by the Company’s Board of Directors, as described in
Item 5.02, above, and as incorporated herein by reference
thereto.
Item 9.01
Financial Statements and Exhibits.
(d) Exhibits.
|
Exhibit No.
|
|
Description
|
|
|
HotApp
Blockchain Inc. 2018 Equity Incentive Plan
|
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.
|
|
HOTAPP BLOCKCHAIN INC.
|
|
|
|
|
|
|
|
|
Dated: August 3,
2018
|
By:
|
/s/ Conn
Flanigan
|
|
|
|
Name:
|
Conn
Flanigan
|
|
|
|
Title:
|
Secretary and
Director
|
|