Current Report Filing (8-k)
August 26 2021 - 3:58PM
Edgar (US Regulatory)
0001676580
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0001676580
2021-08-25
2021-08-25
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xbrli:shares
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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): August 25, 2021
VISION
HYDROGEN CORPORATION
(Exact
name of registrant as specified in its charter)
Nevada
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000-55802
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47-4823945
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(State
or Other Jurisdiction
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(Commission
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(IRS
Employer
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of
Incorporation)
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File Number
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Identification
No.)
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95
Christopher Columbus Drive, 16th Floor, Jersey
City, NJ
07302
(Address
of principal executive offices) (Zip Code)
Registrant’s
telephone number, including area code: (551) 298-3600
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):
☐
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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.
Securities
registered pursuant to Section 12(b) of the Act: None
Vision
Hydrogen Corporation is referred to herein as “we”, “our, or “us”.
Item
1.01 Entry into a Material Definitive Agreement
Effective
August 25, 2021, we loaned VoltH2 Holdings AG (“VoltH2”) $500,000, payable on November 1, 2021. The loan is non-interest
bearing and evidenced by a promissory note issued to us by VoltH2 (the “Note”). VoltH2 may prepay the Note in whole or in
part at any time or from time to time without penalty or premium. We currently own approximately 16% of VoltH2. Our Board of Directors
approved the foregoing transaction.
Effective
August 25, 2021, we entered into an amendment (the “June 7 Amendment”) to a promissory note issued to VoltH2 on June 7, 2021
(The “June 7 Note”), pursuant to which the Payment Date (as defined in the June 7 Note) was changed from September 1, 2021
to November 1 2021. Our Board of Directors approved the foregoing amendment.
Effective
August 25, 2021, we entered into an amendment (the “June 28 Amendment”) to a promissory note issued to VoltH2 on June 28,
2021 (The “June 28 Note”), pursuant to which the Payment Date (as defined in the June 28 Note) was changed from September
1, 2021 to November 1 2021. Our Board of Directors approved the foregoing amendment.
The
descriptions of the Note, the June 7 Amendment, and the June 28 Amendment are only summaries and do not purport to be complete descriptions,
and are qualified in their entirety by reference to the Note, the June 7 Amendment, and the June 28 Amendment, forms of which are filed
as Exhibit 10.1, Exhibit 10.2, and Exhibit 10.3, respectively, and incorporated herein by reference.
Item
9.01 Financial Statements and Exhibits
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURE
Pursuant
to the requirement of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
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VISION
HYDROGEN CORPORATION
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Date:
August 26, 2021
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By:
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/s/
ANDREW HIDALGO
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Andrew
Hidalgo
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Chief
Executive Officer
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