Current Report Filing (8-k)
04 May 2021 - 6:56AM
Edgar (US Regulatory)
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) May
3, 2021 (May 3, 2021)
Nxt-ID, Inc.
(Exact name of registrant as specified in its charter)
Delaware
|
|
001-36616
|
|
46-0678374
|
(State or other jurisdiction
of incorporation)
|
|
(Commission File Number)
|
|
(IRS Employer
Identification No.)
|
Nxt-ID, Inc.
288 Christian Street
Hangar C 2nd Floor
Oxford, CT 06478
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including
area code: (203) 266-2103
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. ☐
Securities registered pursuant to Section 12(b)
of the Act:
Title of each class
|
|
Trading Symbol(s)
|
|
Name of each exchange on which registered
|
Common Stock, par value $0.0001
|
|
NXTD
|
|
The Nasdaq Stock Market LLC
|
On May 3, 2021, Nxt-ID, Inc. (the “Company”)
issued a press release announcing that the Company recently made a prepayment of approximately $3.0 million in principal of its senior
secured debt, and that, as a result of this prepayment, the Company reduced the outstanding principal amount to approximately $2.2 million.
A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Forward-Looking Statements
This Current Report on Form 8-K and Exhibit 99.1
contain forward-looking statements. Forward-looking statements include, but are not limited to, statements that express the Company’s
intentions, beliefs, expectations, strategies, predictions or any other statements related to the Company’s future activities, or
future events or conditions. These statements are based on current expectations, estimates and projections about the Company’s business
based, in part, on assumptions made by its management. These statements are not guarantees of future performances and involve risks, uncertainties
and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or
forecasted in the forward-looking statements due to numerous factors, including those risks discussed in the Company’s Annual Report
on Form 10-K, and in other documents that the Company files from time to time with the Securities and Exchange Commission. Any forward-looking
statements speak only as of the date on which they are made, and the Company undertakes no obligation to update any forward-looking statement
to reflect events or circumstances after the date of this Form 8-K, except as required by law.
|
Item
9.01
|
Financial
Statements and Exhibits.
|
(d) Exhibits.
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.
Date: May 3, 2021
|
Nxt-ID, Inc.
|
|
|
|
|
By:
|
/s/ Vincent S. Miceli
|
|
Name:
|
Vincent S. Miceli
|
|
Title:
|
Chief Executive Officer
|
NXT ID (NASDAQ:NXTD)
Historical Stock Chart
From Apr 2024 to May 2024
NXT ID (NASDAQ:NXTD)
Historical Stock Chart
From May 2023 to May 2024
Real-Time news about NXT ID Inc (NASDAQ): 0 recent articles
More Nxt-id, Inc. News Articles