SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 8, 2021
SEGUIN NATURAL HAIR PRODUCTS INC.
|(Exact name of registrant as specified in its charter)|
|State or other jurisdiction incorporation||Commission File Number|
|311 Bay Street, Unit 3405 Toronto, Ontario, Canada M5H 4G5|
|(Address of principal executive offices) (Zip Code)|
Registrant's telephone number, including area code: 647-271-4226
(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. ☐
Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:
|Title of each class||Trading symbol||Name of each exchanges on which registered|
Section 3- Securities and Trading Markets
|Item 3.01||Unregistered Sales of Equity Securities|
Effective December 8, 2021, the Company issued 2,265,372 shares of its common stock (“Shares”) upon the exercise by Danny Iandoli, the Company’s President/CEO and sole director, of conversion rights under an outstanding convertible promissory note (“Note”) in the principal amount of $21,000.00 The conversion price for the shares was $0.00927per share. As a result of the conversion, the Note was deemed paid in full and no longer outstanding obligation of the Company.
The Shares were issued in compliance with the exemptions from the registration requirements of the Securities Act of 1933, as amended, provided by Section 4(a)(2) and Regulation S for transactions not involving a public offering and for offers and sales outside the United States.
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.
|SEGUIN NATURAL HAIR PRODUCTS INC.|
|Dated: December 13, 2021||By:||/s/ Danny Iandoli|