UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d) off The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): October 31, 2023

 

Commission File Number: 000-56142

 

Everything Blockchain, Inc.

(Exact name of registrant as specified in charter)

 

Florida

 

82-1091922

(State or other jurisdiction of incorporation)

 

(IRS Employer Identification No.)

 

 

 

12574 Flagler Center Blvd, Suite 101

Jacksonville, FL

 

32258

(Address of principal executive offices)

 

(Zip Code)

 

 (904) 454-2111

Registrant’s telephone number, including area code

 

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))

 

 

 

 

As used in this report, the terms “Company,” “our company,” “us,” “Everything Blockchain”, “we” and “our” refer to Everything Blockchain, Inc. unless the context requires otherwise.

 

Item 2.01. Completion of Acquisition or Disposition of Assets.

 

On October 31, 2023, the Board of Directors approved, and the Company completed, the sale of Mercury, Inc. (“Mercury”) to Chris Carter, founder and CEO of Mercury. The sales price consisted of 115,000 shares of Company common stock and 60,000 shares of Company Series C Preferred Stock, owned by Chris Carter, for a total sales price of $216,583. The sales price was primarily based on estimated net assets of Mercury.

 

Item 9.01 Financial Statements and Exhibits.

 

d) Exhibits

 

Exhibit No.

 

Exhibit Description

 

 

 

10.1

 

Stock Redemption Agreement

104

 

Cover Page Interactive Data File (formatted as Inline XBRL)

 

 

2

 

  

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.

 

 

EVERYTHING BLOCKCHAIN, INC.

 

 

 

 

Date: November 6, 2023

By:

/s/ Toney E. Jennings

 

 

Toney E. Jennings

 

 

 

Chief Executive Officer

 

 

 

3