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Eco Innovation (ECOX)

Filed: 20 Sep 21, 8:00pm

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 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):  September 20, 2021  (September 14, 2021)

 


 

Eco Innovation Group, Inc.

(Exact name of registrant as specified in its charter)

 

Nevada 333-248871 85-0842591
(State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer
Identification No.)

 

16525 Sherman Way, Suite C-1

Van Nuys, CA 91406

(Address of principal executive offices, including zip code)

 

(800) 922-4356

(Registrant’s telephone number, including area code)

 

N/A

(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))

 

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 1.01 Variable Convertible Debt Payoff, Fixed Rate Convertible Debt

 

On September 14, 2021, Eco Innovation Group, Inc., a Nevada corporation (the “Company”), completed the payoff of an outstanding variable-rate convertible note issued by the Company (the “Variable Note”) with a final payoff of $56,330.82. As of September 14, 2021, with the payoff of the Variable Note, $187,407 of the Company’s variable rate convertible debt has been paid off. Approximately $61,000 in variable rate convertible debt instruments remain on the Company’s balance sheet following the Variable Note payoff.

 

Item 8.01  Other Events.

 

On September 21, 2021, the Company plans to issue a press release announcing the payoff of the Variable Note.  The full text of the Company’s press release is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

 

Item 9.01 Financial Statements and Exhibits 

(d) Exhibits

 

Exhibit  
Number Exhibit Description
   
10.1Variable Note 
   
99.1Press Release, dated September 21, 2021, titled “Eco Innovation Group Announces Retirement of Variable Convertible Debt.” 
    
104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101). 
    

 

 
 
 

 

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.

    
  ECO INNOVATION GROUP, INC.
   
 By:  /s/ Julia Otey-Raudes 
Date: September 20, 2021 

 

Julia Otey-Raudes

  Principal Executive Officer

 

 

 

 
 
 

 

EXHIBIT INDEX

Exhibit  
Number Exhibit Description
   
10.1Variable Note 
   
99.1Press Release, dated September 21, 2021, titled “Eco Innovation Group Announces Retirement of Variable Convertible Debt.”