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
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Item 1.01 Entry into a Material Definitive Agreement.
On December 2, 2022, ShiftPixy, Inc. (the “Company”) entered into an amendment to common stock purchase warrant with the holder of the Company’s warrants to purchase 833,334 shares of common stock, issued September 23, 2022. Pursuant to the amendment, the warrants were amended to be exercisable commencing March 23, 2023 (six months from the date of issuance) and will terminate March 23, 2030. The Company also granted the holder the right to purchase up to 50% of the Company’s securities offered pursuant to any private placement transaction or public offering registered with the SEC that is announced or consummated during the 24 month period commencing December 2, 2022.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit Number | Description | |
10.1 | Amendment No. 1 to Common Stock Purchase Warrant | |
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.
SHIFTPIXY, INC. | ||
Date: December 2, 2022 | By: | /s/ Scott W. Absher |
Scott W. Absher | ||
Chief Executive Officer |