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
Date of report (Date of earliest event reported):
(Exact name of registrant as specified in its charter)
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(I.R.S. Employer Identification Number) |
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(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 obligations 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)) |
Securities registered pursuant to Section 12(b) of the Act: None.
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 5.03 | Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. |
On May 2, 2023, the Board of Directors (the “Board”) of Chilean Cobalt Corp., a Nevada corporation (the “Company”), approved a 3-for-1 forward split of the Company’s common stock, par value $0.0001 per share (the “Common Stock”), pursuant to which each one (1) share of the Common Stock issued and outstanding will be split into three (3) shares of Common Stock (the “Forward Split”). On the same date, the Board approved the Forward Split, the Board also approved an amendment to the Company’s Articles of Incorporation to effect the Forward Split (the “Articles Amendment”). The Forward Split and Articles of Amendment are referred to together herein as the “Corporate Action.”
The Company filed the Articles of Amendment with the Secretary of State of the State of Nevada on May 2, 2023 to effectuate the Forward Stock Split. A copy of the Articles of Amendment is attached to this Current Report on Form 8-K as Exhibit 3.1 and is incorporated by reference herein.
The Forward Stock Split will be effective with the State of Nevada on May 2, 2023. The par value, authorized shares and other terms of Company’s Common Stock were not affected by the Corporate Action.
| Item 5.07 | Submission of Matters to a Vote of Security Holders. |
On May 2, 2023, a majority of the Company’s shareholders, constituting 51.12% of the issued and outstanding shares of the Company’s Common Stock at such time, approved the Corporate Action by written consent.
| Item 7.01 | Regulation FD Disclosure. |
On May 8, 2023, the Company sent a notice (the “Shareholder Notice”) in the general form and content referenced in Exhibit 99.1 hereto to all shareholders who did not provide an affirmative vote by shareholder consent to approve the Corporate Action.
The information included in the Shareholder Notice shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
Exhibit Number |
Description | |
| 3.1 | Articles of Amendment filed with Nevada Secretary of State on May 2, 2023. | |
| 99.1 | Form of Shareholder Notice. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |
| 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.
| CHILEAN COBALT CORP | ||
| Dated: May 8, 2023 | By: | /s/ Duncan T. Blount |
| Name: | Duncan T. Blount | |
| Title: | Chief Executive Officer | |
| 3 |
Exhibit 3.1
FRANCISCO V. AGUILAR Secretary of State 202 North Carson Street Carson City, Nevada 89701 - 4201 (775) 684 - 5708 Website: www.nvsos.gov Certificate of Change Pursuant to NRS 78.209 TYPE OR PRINT - USE DARK INK ONLY - DO NOT HIGHLIGHT This form must be accompanied by appropriate fees. If necessary, additional pages may be attached to this form. Page 1 of 1 Revised: 12/12/2022 INSTRUCTIONS: 1. Enter the current name as on file with the Nevada Secretary of State and enter the Entity or Nevada Business Identification Number (NVID). 2. Indicate the current number of authorized shares and par value, if any, and each class or series before the change. 3. Indicate the number of authorized shares and par value, if any of each class or series after the change. 4. Indicate the change of the affected class or series of issued, if any, shares after the change in exchange for each issued share of the same class or series. 5. Indicate provisions, if any, regarding fractional shares that are affected by the change. 6. NRS required statement. 7. This section is optional. If an effective date and time is indicated the date must not be more than 90 days after the date on which the certificate is filed. 8. Must be signed by an Officer. Form will be returned if unsigned. 1. Entity Information: Name of entity as on file with the Nevada Secretary of State: Chilean Cobalt Corp. Entity or Nevada Business Identification Number (NVID): NV20171777936 2. Current Authorized Shares: The current number of authorized shares and the par value, if any, of each class or series, if any, of shares before the change: 100,000,000 shares of common stock, par value $0.0001 per share 25,000,000 shares of preferred stock, par value $0.0001 per share 3. Authorized Shares After Change: The number of authorized shares and the par value, if any, of each class or series, if any, of shares after the change: 100,000,000 shares of common stock, par value $0.0001 per share 25,000,000 shares of preferred stock, par value $0.0001 per share 4. Issuance: The number of shares of each affected class or series, if any, to be issued after the change in exchange for each issued share of the same class or series: Three shares of common stock isssued for each one issued and outstanding share of common stock (a 3 - for - 1 forward split). 5. Provisions: The provisions, if any, for the issuance of fractional shares, or for the payment of money or the issuance of scrip to stockholders otherwise entitled to a fraction of a share and the percentage of outstanding shares affected thereby : 6. Provisions: The required approval of the stockholders has been obtained. 7. Effective date and time: (Optional) Date: Time: (must not be later than 90 days after the certificate is filed) 8. Signature: (Required) X Chief Executive Off. 05/02/2023 Signature of Officer Title Date
Exhibit 99.1
Chilean Cobalt Corp.
Notice to Shareholders
May 8, 2023
This is a notice to shareholders of Chilean Cobalt Corp., a Nevada corporation (the “Corporation”) that, on May 2, 2023, shareholders of the Corporation holding a majority of the voting power of the Corporation undertook an action by written consent in lieu of a meeting of shareholders to approve certain actions by the Corporation.
The written consent approved a 3-for-1 forward split of the common stock, par value $0.0001 per share, of the Corporation (the “Common Stock”), pursuant to which each share of the Common Stock issued and outstanding was split into three shares of Common Stock (the “Forward Split”). The written consent approved the Forward Split and an amendment to the Articles of Incorporation to effect the Forward Split (the “Articles Amendment”). The Forward Split and the Articles Amendment was approved and adopted by the Board of Directors of the Corporation (the “Board”) on the same day, immediately prior to the written consent of the shareholders.
The Articles Amendment was filed with the Secretary of State of the State of Nevada on May 2, 2023 and it, and therefore the Forward Split, were effective on that date.
This notice is being sent pursuant to the requirements of the Bylaws of the Corporation which require that prompt notice of the taking of the corporate action without a meeting by less than unanimous written consent be given to those shareholders who have not consented in writing or electronic transmission and who, if the action had been taken at a meeting, would have been entitled to notice of the meeting if the record date of such meeting had been the date that written consents signed by a sufficient number of stockholders or members to take the action were delivered to the Corporation.
No action is required on your part.
If you have any questions regarding this notice or the items discussed above, please contact me via email at [email protected].
| By: /s/ Duncan T. Blount | |
| Name: Duncan T. Blount | |
| Title: Chief Executive Officer | |