8-K
IIOT-OXYS, Inc. (ITOX)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Pursuant to Section 13 or 15(d) of the SecuritiesExchange Act of 1934
Date of Report (Date of earliest event reported): March 29, 2022
IIOT-OXYS,
Inc.
(Exact name of registrant as specified in its charter)
| Nevada | 000-50773 | 56-2415252 |
|---|---|---|
| (State or Other Jurisdiction | (Commission File | (I.R.S. Employer |
| of Incorporation) | Number) | Identification Number) |
| 705 Cambridge Street<br><br> <br>Cambridge, MA 02141 | ||
| --- | ||
| (Address of principal executive offices, including zip code) | ||
| (401) 307-3092 | ||
| --- | ||
| (Registrant’s telephone number,<br><br> <br>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 (see General Instruction A.2. below):
☐ . 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:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
|---|---|---|
| N/A | N/A | N/A |
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 7.01 | Regulation FD Disclosure. |
|---|
On March 29, 2022, IIOT-OXYS, Inc., a Nevada corporation (the “Company”), issued press release which announced the execution of a Non-Disclosure Agreement with an EU-based Electrical Technology Original Equipment Manufacturer. A copy of the press release is attached hereto as Exhibit 99.1, and is incorporated herein by reference. Pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”), the information in this Item 7.01 disclosure, including Exhibit 99.1, and the information set forth therein, is deemed to have been furnished to, and shall not be deemed to be “filed” with, the SEC.
The Press Release, furnished as Exhibit 99.1 to this Form 8-K, may contain forward-looking statements. Such forward-looking statements are based on information presently available to the Company’s management and are current only as of the date made. Actual results could also differ materially from those anticipated as a result of a number of factors, including, but not limited to, those discussed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020, and subsequent reports filed by the Company with the Securities and Exchange Commission (the “Commission”). For those reasons, undue reliance should not be placed on any forward-looking statement. The Company assumes no duty or obligation to update or revise any forward-looking statement, although it may do so from time to time as management believes is warranted or as may be required by applicable securities law. Any such updates or revisions may be made by the registrant by filing reports with the Commission, through the issuance of press releases or by other methods of public disclosure.
| Item 9.01. | Financial Statements and Exhibits |
|---|
(d) Exhibits.
| Exhibit No. | Description |
|---|---|
| 99.1 | Press Release dated March 29, 2022 |
| 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.
| IIOT-OXYS, Inc. | ||
|---|---|---|
| Date: March 29, 2022 | By: | /s/ Clifford L. Emmons |
| Clifford L. Emmons, Chief Executive Officer |
| 3 |
| --- |
Exhibit 99.1
IIOT-OXYS, Inc. Signs NDAwith EU Electrical Technology Original Equipment Manufacturer
CAMBRIDGE, MA / ACCESSWIRE / March 29, 2022 / IIOT-OXYS, Inc. (OTC PINK: ITOX) (the "Company") announces the execution of a Non-Disclosure Agreement (NDA) with an EU based Electrical Technology Original Equipment Manufacturer (OEM). This NDA is the first step of the engagement process with this strategic partner.
“This private EU-based OEM has a decades-long reputation for supplying high quality electrical & electronic components and systems for the automation industry. They are an excellent technology partner candidate for our Smart Manufacturing industry business. This potential partner has interesting power sensing technology combined with integrated edge-based computing capability that is particularly suited for distributed AI and Machine Learning enabled Smart Manufacturing applications,” Cliff Emmons, CEO of the Company, stated.
Several business texts and industry reports on AI & Machine Learning propose they are transforming all industries and all functions within corporations. It’s also creating a new generation of corporate leaders and laggards. The leaders have similar best practices, such as focusing on similar use cases, including Predictive Maintenance and Process Optimization in their Manufacturing Operations. “Our goal is to democratize these business accelerators for small and medium sized enterprises in the Biotech, Pharma, and Medical Device industries, and their associated supply chains,” stated Mr. Emmons.
The worldwide Industry 4.0 market was estimated at $64.9 billion in 2021 and is expected to grow at 20.6% CAGR to $165.5 billion by 2026.^1^ “Our success in this market will come from leveraging sensor and edge computing technology from partners like this, combined with our proprietary AI and Machine Learning algorithms. In the coming months we’ll explore prototype evaluations and collaborate on specifications for commercial versions with this potential technology partner. With our strong technology & business partnerships, successful pilots and use cases, and extensive network and prospects, we expect these agreements and new technology will lead to new business in due time," continued Mr. Emmons.
AboutIIOT-OXYS, Inc.
IIOT-OXYS, Inc. (OTC PINK: ITOX) is a technology company at the intersection of IIoT, AI & Machine Learning, Edge Computing and Manufacturing Operations. We provide actionable mission-critical insights for the Medical/Pharmaceutical, Manufacturing, Agriculture, Defense, and Structural Health, and other industries. IIOT-OXYS's edge computing open-source hardware and proprietary ML algorithms employ our Minimally Invasive Load Monitoring (MILM) technology to simply gather data and gain insights to monitor, scope, move from preventive to predictive maintenance, and even optimize development and manufacturing processes. For additional information visit www.oxyscorp.com.
Forward-Looking Statements
This news release contains forward-looking statements that reflect Management's current views about future events and financial performance. Forward-looking statements often contain words such as ''expects,'' ''anticipates,'' ''intends,'' or ''believes.'' Our forward-looking statements are subject to a number of risks and uncertainties that may cause actual results and events to differ materially from those projected in the forward-looking statements. Risks and uncertainties that could adversely affect us include, without limitation, the loss of major customers, our failure to obtain new contracts, our inability to patent products or processes, our infringement of patents held by others, our inability to finance our business and the other risks and uncertainties that are discussed in our most recent filings with the Securities and Exchange Commission. The forward-looking statements in this news release are made only as of the date of this news release. We undertake no obligation to update our forward-looking statements, whether as a result of new information, future events or otherwise.
ContactInformation:
IIOT-OXYSInc.
Clifford L. Emmons
CEO
contact@oxyscorp.com
www.oxyscorp.com
____________
^1^ https://www.marketsandmarkets.com/Market-Reports/industry-4-market-102536746.html