mojo_8k.htm

 

 

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 Report (Date of earliest event reported): June 24, 2025

 

EQUATOR Beverage Company

(Exact name of registrant as specified in its charter)

 

Delaware

 

000-55269

 

26-0884348

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

185 Hudson Street, Suite 2500

Jersey City, New Jersey

 

07302

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code: 929-264-7944

 

 _______________________________________________

(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 (17CFR 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. ☐

 

 

 

 

SECTION 8 – OTHER EVENTS

 

Item 8.01. Other Events.

 

On June 24, 2025, we issued a press release announcing a reverse stock split and a decrease in the authorized shares of the Company. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.

 

The information in Item 8.01 of this Current Report on Form 8-K (including Exhibit 99.1) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as expressly set forth by specific reference in such a filing.

 

SECTION 9 – FINANCIAL STATEMENTS AND EXHIBITS

 

Item 9.01. Financial Statements and Exhibits.

 

99.1

 

Press release, dated June 24, 2025

 

 

 

104

 

Cover Page Interactive Data File (embedded within the Inline XBRL Document)

 

 
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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.

 

EQUATOR Beverage Company

 

/s/ Glenn Simpson

 

Glenn Simpson

 

Chairman & CEO

 

 

Date: June 24, 2025

 

 
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EXHIBIT 99.1

 

EQUATOR Beverage®

 

EQUATOR Beverage Company Announces 1-for-2 Reverse Stock Split and 10,000,000 Authorized Shares Reduction

 

Jersey City, NJ – June 24, 2025 – EQUATOR Beverage Company (OTC: MOJO), maker of MOJO Energy and MOJO Coconut Water premium functional beverages, today announced that its Board of Directors and majority of voting shareholders have approved a 1-for-2 reverse stock split of the Company’s common stock. In conjunction with the reverse split, the Company will also reduce its authorized shares from 20,000,000 shares to 10,000,000 shares. Completion of the reverse split and reduction in authorized shares is subject to FINRA notice and review, and will occur no sooner than 20 days following the mailing of an Information Statement to the non-consenting shareholders about the corporate actions.

 

The reverse stock split will consolidate two existing shares of EQUATOR Beverage Company’s common stock into one new share. The Company is taking this action as part of a strategic initiative to strengthen its capital structure, improve trading efficiency, and better align its share price with institutional investor expectations.

 

Reasons for the Reverse Split and Share Reduction:

 

 

·

Improved Capital Market Perception: A higher share price following the reverse split is expected to enhance the Company’s visibility and credibility with institutional investors and research analysts, many of whom have minimum price requirements for coverage or investment.

 

 

 

 

·

Reduced Volatility: Fewer shares outstanding can help reduce speculative trading and promote a more stable and efficient trading environment.

 

 

 

 

·

Enhanced Institutional Access: Many brokerage firms and mutual funds have policies against investing in low-priced or high-volume shares. A higher share price may increase eligibility for inclusion in a broader range of portfolios.

 

 

 

 

·

Shareholder Value Protection: By simultaneously reducing the number of authorized shares, the Company demonstrates a commitment to minimizing dilution and maintaining shareholder value over the long term.

 

 

 

 

·

Preparation for Future Growth: The streamlined share structure is expected to help position the Company more competitively for potential uplisting, capital raises, or strategic partnerships.

 

Shareholders will not need to take any action regarding the reverse split. Fractional shares will be rounded up to the nearest whole share.

 

“We believe these changes mark a thoughtful and prudent step toward aligning our capital structure with our long-term strategic goals,” said Glenn Simpson, Chairman & CEO of EQUATOR Beverage Company. “As we continue to scale our national beverage brands, this action reflects our commitment to disciplined financial management and creating long-term value for our shareholders.”

 

The Company remains committed to continuing its buyback program until the stock price accurately reflects the Company’s strong performance and long-term value.

 

 

 

 

 

 

Forward-Looking Statements

This press release contains forward-looking statements within the definition of Section 27A of the Securities Act of 1933, as amended and such section 21E of the Securities Act of 1934, amended. These forward-looking statements should not be used to make an investment decision. The words 'estimate,' 'possible' and 'seeking' and similar expressions identify forward-looking statements, which speak only as to the date the statement was made. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted, or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risk.

 

Information: www.equatorbeverage.com 

Glenn Simpson

Chairman & CEO

EQUATOR Beverage Company

[email protected]

917 574 1690

 

 

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