Current Report Filing (8-k)
20 June 2020 - 7:30AM
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) June 19, 2020
BorrowMoney.com,
Inc.
(Exact
name of registrant as specified in its charter)
Florida
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333-208854
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65-0981503
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(State
or other jurisdiction
of incorporation)
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(Commission
File
Number)
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(I.
R. S. Employer
Identification
No.)
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512
Bayshore Drive
FT.
Lauderdale, Florida 33304
(Address
of principal executive offices, including ZIP code)
(212)
265-2525
(Registrant’s
telephone number, including area code)
Not
Applicable
(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:
[ ]
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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[ ]
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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[ ]
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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[ ]
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities
registered pursuant to Section 12(b) of the Act: None.
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 [X]
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
8.01 Other Events
On
June 19, 2020 BorrowMoney.com, Inc. (“BorrowMoney.com” or the “Company”), (OTC: BWMY), announced that
on June 19, 2020 its board of directors unanimously approved a five-for-one split (the “Stock Split”) of the Company’s
common stock subject to shareholder approval of an amendment to the Company’s Certificate of Incorporation. Since the Company
presently does not have a sufficient number of authorized shares required to effectuate the stock split, the Company’s Board
has approved, and is recommending to its shareholders, an amendment to the Company’s Certificate of Incorporation increasing
the number of authorized shares of common stock to 500 million to handle the split and possible future capitalization needs. The
Company will be holding a special meeting of shareholders of record as of June 23, 2020 to approve the amendment to the Certificate
of Incorporation. It is anticipated that the special meeting will be held on or about August 21, 2020. Provided the shareholders
approve the amendment, the company anticipates setting a record date for the stock split shortly after the special meeting and
that trading on a split-adjusted basis will begin prior to August 31, 2020. As a result of the Stock Split, each shareholder of
record on the record date will receive four additional shares of common stock for each share held. Each shareholder’s percentage
of ownership and proportional voting power remains unchanged after the Stock Split. A copy of the press release announcing the
Stock Split is attached to this Form 8-K as exhibit 99.1.
Item
9.01 Exhibits
99.1 Press release, dated June 19, 2020, issued by BorrowMoney.com
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.
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Date: June
19, 2020
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BorrowMoney.com,
Inc.
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/s/
Aldo Piscitello
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Aldo
Piscitello
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President
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BorrowMoneycom (PK) (USOTC:BWMY)
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