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): June 30, 2016
MyDx,
Inc.
(Exact Name of Registrant as Specified in Charter)
Nevada | 333-191721 | 99-0384160 |
(State or Other Jurisdiction of Incorporation) | (Commission File Number) | (I.R.S. Employer Identification Number) |
6335 Ferris Square, Suite B, San Diego, CA 92121 | ||
(Address of Principal Executive Offices) (Zip Code) |
800-814-4550
(Registrant's telephone number, including area code)
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:
☐ 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))
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Item 1.02 Termination of a Material Definitive Agreement.
As previously reported in the current report on Form 8-K filed with the SEC on February 9, 2016, MyDX, Inc., a Nevada Corporation (“we”, “our” or the “Company”), entered into an Equity Purchase Agreement (the “EPA”), a Registration Rights Agreement (“RRA”) and a commitment note in the original principal amount of $50,000 (the “Note”) with Kodiak Capital Group, LLC (“Kodiak”).
On June 30, 2016, the Company elected to terminate the EPA and RRA by delivering a termination notice to Kodiak. The Company shall have no further liabilities or obligations under the EPA and the RRA. The rights and obligations of the Note hereunder shall continue and remain in full force and effect until all obligations are satisfied in full.
A copy of the termination notice is furnished as Exhibit 10.1 to this Current Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits.
(d) | Exhibits. | |
Exhibit No. | Description | |
10.1 | Termination Letter to Kodiak Capital Group, LLC, dated June 30, 2016 |
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SIGNATURE
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.
MyDx, Inc. | |||
Date: July 7, 2016 | By: | Daniel Yazbeck | |
Daniel Yazbeck | |||
Chairman and Chief Executive Officer | |||
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Exhibit 10.1
June 30, 2016
Kodiak Capital Group, LLC
260 Newport Center Drive
Newport Beach, CA 92660
Attn: Ryan Hodson
Re: Termination Notice
Dear Mr. Hodson,
Pursuant to Section 10.5 of the Equity Purchase Agreement (the “Purchase Agreement”) entered into by and between you and MYDX, INC., a Nevada corporation (the “ Company ”), on or about February 2, 2016, the Company may terminate the Purchase Agreement at any time by written notice to the Investor.
This letter shall serve as a written notice that the Company is terminating the Purchase Agreement pursuant to the above.
Thanks for your attention to this matter.
Sincerely:
MYDX, INC.
By: Daniel Yazbeck
Name: Daniel Yazbeck
Title: Chief Executive Officer
Date: June 30, 2016