Form 8-K - Current report
06 March 2024 - 7:31AM
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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): March 5, 2024 (February 21,
2024)
| Victory
Oilfield Tech, Inc. |
| (Exact name of registrant as specified in its charter) |
| Nevada |
|
002-76219-NY |
|
87-0564472 |
(State or other jurisdiction
of incorporation) |
|
(Commission File Number) |
|
(IRS Employer
Identification No.) |
| 3355 Bee Caves Road, Suite 608, Austin, Texas |
|
78746 |
| (Address of principal executive offices) |
|
(Zip Code) |
| (512) 347-7300 |
| (Registrant’s telephone number, including area code) |
|
| (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)) |
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 or Rule 12b-2 of the Securities Exchange Act of 1934.
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 8.01. Other Events
Management was contacted by Castle Placement, LLC
(“Castle”) asserting a claim that it is due compensation from our subsidiary H2 Energy Group Inc. (“H2EG”) pursuant
to provisions in a terminated engagement agreement for financial advisory services. H2EG disagrees with Castle’s interpretation
of the agreement. Castle and H2EG are attempting to resolve this disagreement, but if they are unable to do so H2EG will defend any action
by Castle and reserves all defenses and counterclaims.
Item 9.01. Financial Statements
and Exhibits
(d) Exhibits
Exhibit
No. |
|
Description of Exhibit |
| 104 |
|
Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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.
| |
Victory Oilfield Tech, Inc. |
| |
|
| Date :March 5, 2024 |
|
|
|
|
/s/ Jim McGinley |
| |
|
Jim McGinley |
| |
|
Chief Executive Officer |
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