UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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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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Securities registered pursuant to Section 12(b) of the Act:
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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 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
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 Entry into a Material Definitive Agreement.
On July 24, 2023, Vertro, Inc. (“Vertro”), a wholly-owned subsidiary of Inuvo, Inc. entered into an Extension Amendment (the “Amendment”), effective as of August 1, 2023, to the Google Services Agreement with Google LLC, to amend certain provisions of the Google Services Agreement, dated February 24, 2021 (as amended, the “Agreement”).
The Amendment modifies the terms of the Agreement by extending the term for an additional month from the then current expiration date. The new expiration date of the Agreement is August 31, 2023.
The summary of the Amendment does not purport to be complete and is qualified in its entirety by reference to the Amendment, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
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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.
| INUVO, INC.
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Date: July 25, 2023 | By: | /s/ John Pisaris |
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| John Pisaris, General Counsel |
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EXHIBIT 10.1
Contract ID: 998745
EXTENSION AMENDMENT TO GOOGLE SERVICES AGREEMENT
This Extension Amendment to the Google Services Agreement (“Amendment”), effective as of the first day following the current expiration date of the Agreement (as defined below) (“Amendment Effective Date”), is between Vertro, Inc. (“Company”) and Google LLC (“Google”) and amends the existing Google Services Agreement between Company and Google (the “Agreement”). Capitalized terms not defined in this Amendment have the meanings given to those terms in the Agreement. The parties agree as follows:
1. Extension. The term of the Agreement is extended for an additional one month from the current expiration date.
2. General. The parties may execute this Amendment in counterparts, including facsimile, PDF, or other electronic copies, which taken together will constitute one instrument. Except as expressly modified herein, the terms of the Agreement remain in full force and effect.
IN WITNESS WHEREOF, the parties have executed this Amendment as of the Amendment Effective Date by persons duly authorized.
Company:
| By: | /s/ Dana Robbins |
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| Name: | Dana Robbins |
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| Title: | SVP Digital Publishing |
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| Date: | 24-July-2023 |
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Google LLC
| By: | /s/ Phillip Schindler |
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| Name: | Philipp Schindler |
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| Title: | Authorized Signatory |
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| Date: | 24-July-2023 |
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Cover |
Jul. 24, 2023 |
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| Cover [Abstract] | |
| Entity Registrant Name | INUVO, INC. |
| Entity Central Index Key | 0000829323 |
| Document Type | 8-K |
| Amendment Flag | false |
| Entity Emerging Growth Company | false |
| Document Period End Date | Jul. 24, 2023 |
| Entity Incorporation State Country Code | NV |
| Entity Tax Identification Number | 87-0450450 |
| Written Communications | false |
| Soliciting Material | false |
| Pre Commencement Tender Offer | false |
| Pre Commencement Issuer Tender Offer | false |
| Entity File Number | 001-32442 |
| Entity Address Address Line 1 | 500 President Clinton Ave., Ste. 300 |
| Entity Address City Or Town | Little Rock |
| Entity Address State Or Province | AR |
| Entity Address Postal Zip Code | 72201 |
| City Area Code | 501 |
| Local Phone Number | 205-8508 |
| Security 12b Title | Common Stock, $0.001 par value |
| Trading Symbol | INUV |
| Security Exchange Name | NYSE |