LIVG 8-K
Livento Group, Inc. (LIVG)
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
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
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Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||
| Not applicable | Not applicable | Not applicable |
Item 1.01 Entry into a Material Definitive Agreement.
On March 3, 2023, Livento Group, Inc. (the “Company” or “Livento”) entered into a Share Purchase Agreement (the “SPA”) with the three shareholders of Novel.ti, a Tunisian corporation (“Novelti”), whereunder the Company acquired all of the shares of Novleti in exchange for 10,000,000 shares of the Company’s common stock. Novelti will operate as a subsidiary of the Company. Novelti is engaged in software development in the areas of robotics, AI and logistics and management believes that the acquisition of Novelti will allow the Company to enhance and extend its software offerings. The Company also entered into a two year consulting agreement with Novelti’s two principal officers, which among other things, includes a non-competition provision. Reference is made to the SPA and consulting agreement, which are exhibits to this Report, for the full terms and conditions thereof. Due to the size of this transaction, there is no requirement to file historical financial information with respect to Novelti.
9.01 Financial Statements and Exhibits.
(d) Exhibits
| Exhibit | Description | |
| 10.1 | Share Purchase Agreement | |
| 10.2 | Consulting Agreement | |
| 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 thereunto duly authorized.
Date: March 7, 2023
| LIVENTO GROUP, INC. | ||
| By: | /s/ David Stybr | |
| Name: | David Stybr | |
| Title: | Chief Executive Officer | |
| 3 |
Exhibit 10.1
Exhibit 10.2
