UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported):
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
(Address of principal executive offices) | (Zip Code) |
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:
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 2.03. | CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN OFF-BALANCE SHEET ARRANGEMENT OF A REGISTRANT. |
On February 29, 2024, Can B Corp. (the “Company”) completed the sale of a promissory note in the principal amount of $75,000 to ClearThink Capital Partners, LLC (“ClearThink”). The purchase price of the note was $50,000, representing a 33.33% original issue discount. The note becomes due on November 29, 2024 and bears interest, payable upon maturity, at a rate of 12% per annum. ClearThink may convert the purchase price of the note and accrued and unpaid interest into shares of the Company’s common stock at any time at a conversion price of $0.0772 per share. The proceeds of the loan were used for general working capital purposes.
ClearThink was previously issued convertible notes in the principal amount of $200,000 on August 7, 2023, $15,000 on September 22, 2023 and $37,500 on December 20, 2023 in connection with loans made to support the Company’s operations.
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.
Date: March 21, 2024
Can B Corp. | ||
By: | /s/ Marco Alfonsi | |
Name: | Marco Alfonsi | |
Title: | CEO |
7!E
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end
Cover |
Feb. 29, 2024 |
---|---|
Cover [Abstract] | |
Document Type | 8-K |
Amendment Flag | false |
Document Period End Date | Feb. 29, 2024 |
Entity File Number | 000-55753 |
Entity Registrant Name | CAN B CORP. |
Entity Central Index Key | 0001509957 |
Entity Tax Identification Number | 20-3624118 |
Entity Incorporation, State or Country Code | FL |
Entity Address, Address Line One | 960 South Broadway |
Entity Address, Address Line Two | Suite 120 |
Entity Address, City or Town | Hicksville |
Entity Address, State or Province | NY |
Entity Address, Postal Zip Code | 11801 |
City Area Code | (516) |
Local Phone Number | 595-9544 |
Written Communications | false |
Soliciting Material | false |
Pre-commencement Tender Offer | false |
Pre-commencement Issuer Tender Offer | false |
Entity Emerging Growth Company | true |
Elected Not To Use the Extended Transition Period | false |
Entity Information, Former Legal or Registered Name | Not Applicable |