Form 8-K - Current report
November 14 2023 - 1:02PM
Edgar (US Regulatory)
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2023-11-07
2023-11-07
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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): November
7, 2023
Star Alliance International Corp.
(Exact name of small business issuer as specified
in its charter)
Nevada |
333-197692 |
37-1757067 |
(State or other jurisdiction
of incorporation or organization) |
(Commission
File Number) |
(IRS Employer
Identification No.) |
2900
West Sahara Avenue, #800 Las Vegas, NV 89102 |
(Address of principal executive offices) |
(833) 443-7827 |
(Issuer’s telephone number) |
______________________________________________________
(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 (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)) |
Securities registered pursuant to Section 12(b) of the Act:
Title of each class |
Trading Symbol(s) |
Name of each exchange on which registered |
None |
N/A |
N/A |
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 8.01 Changes in Registrant’s Certifying Accountant.
Star alliance
International Corp (“STAL”) signed an Memorandum of Understanding (“MOU”) with the Knightsbridge Group (:Knightsbridge”)
TOGETHER THE “Parties”. outlining the mutual intentions of the Parties to collaborate and leverage their respective strengths
to achieve the following objectives:
| 1. | Market Expansion in Asia: Knightsbridge will assist STAL in identifying and tapping into new investor markets in Asia. This
includes providing market research, strategy development, and networking to facilitate STAL's investor outreach. |
| | |
| 2. | Development of Gold-Backed Digital Asset: Knightsbridge will develop and issue a DGC (Digital Gold Coin) backed by STAL’s
gold assets. |
| | |
| 3. | Exploration of Digital Asset Opportunities: Knightsbridge will work with STAL to explore additional opportunities related to
digital assets, equity, and derivatives that can enhance STAL's financial standing and growth. |
| | |
| 4. | Legal Representation: Knightsbridge will provide legal representation and advisory services to STAL in Asian markets and
with foreign regulators, ensuring that STAL operates
within the regulatory framework and remains compliant with applicable laws. |
| | |
| 5. | Equity Issuance: In consideration of the services provided by Knightsbridge, STAL will issue 50,000 shares of Preferred D
and 48,000,000 shares of common to Knightsbridge
Group. In addition, STAL will allow Knightsbridge to retain 10% of the DGC (Digital Gold Coin) which will be developed
and issued specifically for this project. |
The specific
terms of the Series D Preferred Shares are yet to be determined and will be negotiated and disclosed upon completion of the definitive
agreement.
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.
Star Alliance International Corp.
/s/ Anthony L.
Anish
Anthony L. Anish
Chief Financial Officer
Date: November 14, 2023
Exhibit 10.1
MEMORANDUM OF UNDERSTANDING (MOU)
BETWEEN:
Star
Alliance International Corp. (OTC: STAL)
(Hereinafter referred to as “STAL”)
Address:
[STAL Address]
AND
The Knightsbridge
Group
(Hereinafter referred to as “Knightsbridge”)
Address: [Knightsbridge Address]
BACKGROUND:
| 1. | STAL is a publicly listed Gold Miner with substantial Gold Reserves. |
| 2. | Knightsbridge is a financial services provider with expertise in financial market expansion, digital
asset management, and legal representation. |
PURPOSE:
This Memorandum of Understanding (MOU) outlines the mutual
intentions of STAL and Knightsbridge to collaborate and leverage their respective strengths to achieve the following objectives:
TERMS:
| 1. | Market Expansion in Asia: Knightsbridge will assist STAL
in identifying and tapping into new investor markets in Asia. This includes providing market research, strategy development, and networking
to facilitate STAL's investor outreach. |
| 2. | Development of GoldBacked Digital Asset: Knightsbridge
will develop and issue a DGC (Digital Gold Coin) backed by STAL’s gold assets. |
| 3. | Exploration of Digital Asset Opportunities: Knightsbridge
will work with STAL to explore additional opportunities related to digital assets, equity, and derivatives that can enhance STAL's financial
standing and growth. |
| 4. | Legal Representation: Knightsbridge will provide legal
representation and advisory services to STAL in Asian markets and with foreign regulators, ensuring that STAL operates within the regulatory
framework and remains compliant with applicable laws. |
| 5. | Equity Issuance:In consideration of the services provided
by Knightsbridge, STAL will issue 50,000 shares of Preferred and 48,000,000 shares of common to Knightsbridge Group. In addition, STAL
will allow Knightsbridge to retain 10% of the DGC (Digital Gold Coin) which will be developed and issued specifically for this project. |
CONFIDENTIALITY:
Both STAL and Knightsbridge agree to treat all nonpublic
information obtained during the course of this collaboration with the utmost confidentiality and will not disclose such information to
third parties without prior written consent from the other party.
GOVERNING LAW:
This MOU shall be governed by and construed in accordance
with the laws of the jurisdiction specified in a subsequent agreement between the parties.
TERMINATION:
This MOU may be terminated by either party with30 dayswritten
notice to the other party. Termination of this MOU will not affect any obligations or agreements already in place, which shall continue
to be binding on the parties.Termination will not occur prior to the introduction of the Digital Gold Coin.
ENTIRE AGREEMENT:
This MOU constitutes the entire agreement between STAL
and Knightsbridge and supersedes all prior agreements and understandings, whether written or oral.
ACCEPTANCE:
This MOU is accepted by:
For Star Alliance International Corp. (STAL):
Signature: /s/ Richard Carey
Name: Richard Carey
Title:President and
Chairman
Date:November 6, 2023
For The Knightsbridge Group:
Signature: /s/ David Chiapowski
Name:
David Chiapowski
Title: Sr Managing Director
Date: November
6, 2023
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