Current Report Filing (8-k)
06 April 2019 - 8:27AM
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):
April 2, 2019
SYSOREX, INC.
(Exact name of registrant as specified in its
charter)
Nevada
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000-55924
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68-0319458
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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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13880 Dulles Corner Lane
Suite 175
Herndon, Virginia
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20171
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(Address of principal executive offices)
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(Zip Code)
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Registrant’s telephone number, including
area code:
800-929-3871
N/A
(Former name or former address, if changed since
last report)
Check the appropriate box below if the Form 8-K 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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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 1.01
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Entry into a Material Definitive Agreement.
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Amendment to Sysorex
Loan Documents
On
April 2, 2019, Inpixon and Sysorex, Inc. (the “Company”) entered into a Second Amendment Agreement to that certain
Note Purchase Agreement, dated as of December 31, 2018 (as amended from time to time in accordance with its terms, the “NPA”),
and that certain Secured Promissory Note issued to Inpixon by the Company on December 31, 2018 (as amended from time to time in
accordance with its terms, the “Note,” together with the NPA, the “Sysorex Loan Documents”). Pursuant
to the Second Amendment Agreement, the Sysorex Loan Documents were amended to increase the maximum principal amount that may be
outstanding at any time under the Note from $5,000,000.00 to $8,000,000.00. Nadir Ali, the Chairman of the Board of Directors
of the Company, is also Inpixon’s Chief Executive Officer and a member of its Board of Directors. The transactions disclosed
herein were unanimously approved by the Company’s Board of Directors.
The
description of the Second Amendment Agreement is qualified in its entirety by the full text of the Second Amendment Agreement,
a copy of which is filed herewith as Exhibit 10.1, which is incorporated herein by reference.
Item 2.03
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Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
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The
information set forth in Item 1.01 of this Current Report on Form 8-K, to the extent required by this Item 2.03, is incorporated
herein by reference.
Item 9.01
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Financial Statements and Exhibits.
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(d) Exhibits
EXHIBIT INDEX
(1) Filed herewith.
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.
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SYSOREX, INC.
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Date: April 5, 2019
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By:
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/s/ Zaman Khan
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Name:
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Zaman Khan
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Title:
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Chief Executive Officer
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