8-K - KTEL - Equibles

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

Date of earliest event reported: June 8, 2021

KonaTel, Inc.

(Exact name of registrant as specified in its charter)

N/A

(Former name or address, if changed since last report)

Delaware	001-10171	80-0000245
(State or Other Jurisdiction<br><br> <br>Of Incorporation)	(Commission File Number)	(I.R.S. Employer<br><br> <br>Identification Number)

500 N. Central Expressway, Suite 202

Plano, Texas 75074

(Address of Principal Executive Offices, Including Zip Code)

(214) 323-8410

(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))

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 and 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.

See Item 9.01, Exhibit 99.

The information contained in this Item 7.01 and in Exhibit 99 is being furnished, and 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 liability under such Section 18. Furthermore, the information contained in this Item 7.01 and in Exhibit 99 shall not be deemed to be incorporated by reference into our filings under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits:

Exhibit No.	Description of Exhibit
99	Press Release dated June 8, 2021

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	KonaTel, Inc.
Date: June 8, 2021	By:	/s/ D. Sean McEwen
		D. Sean McEwen
		President, Chairman, Chief Executive Officer and Director

 Exhibit 99

Exhibit 99

KonaTelSubsidiary, Infiniti Mobile, Approved to Offer LifeLine in California

UnanimousApproval by California Public Utility Commission Expands Network Choices for Eligible Residents

DALLAS, June 8, 2021--KonaTel, Inc. (OTCMKTS: KTEL) (www.konatel.com), a voice/data communications holding company, today announced its wholly-owned subsidiary, Infiniti Mobile, was unanimously approved as a provider of cellular services by the California Public Utilities Commission (CPUC) under the Federal Communications Commission’s (FCC) LifeLine program.

“By unanimous consent, we are now authorized to deliver expanded network choices from all three national cellular providers to eligible California families under the FCC and CPUC LifeLine Program,” stated KonaTel Chairman and CEO Sean McEwen. “This approval expands our addressable market by nearly two million eligible households and provides us with an opportunity to deliver basic cellular service to many underserved and forgotten communities, particularly in rural areas of the state. The LifeLine program is essential to ensuring that all Americans have the opportunities and security that basic phone and internet service provide, and we appreciate California’s confidence in our ability to offer additional options for its residents.”

Infinity Mobile is an accomplished national wireless service provider authorized to provide subsidized cellular (voice/data) services under the FCC's Lifeline program. The company has the necessary network access and years of experience successfully working with the FCC's subsidized telecommunications programs. Most recently, it was approved as a provider of broadband services as part of the FCC’s Emergency Broadband Benefit (EBB) program.

AboutKonaTel

KonaTel delivers a variety of retail and wholesale telecommunication services primarily to small and mid-sized business. KonaTel's subsidiary, Apeiron Systems (www.apeiron.io), is a global cloud communications service provider operating a national "as a service" cloud platform. Apeiron provides voice termination/origination, API services, messaging, cellular, IoT mobile data solutions, and a range of hosted services through its cloud platform. All Apeiron services are manageable through web interfaces and rich communication APIs. KonaTel's other subsidiary, Infiniti Mobile (www.infinitimobile.com), is a national wireless service provider with an FCC approved wireless Lifeline Compliance Plan authorized to provide government subsidized cellular service to low-income families. KonaTel is headquartered in Plano, Texas.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are not a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainties and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of the disclosures contained in the filings of KonaTel and its “forward-looking statements” in such filings that are contained in the EDGAR Archives of the SEC at www.sec.gov.

Contacts

D. Sean McEwen

(214) 323-8410

inquiries@konatel.com