Panamera Holdings Corp 8-K, filed Feb 16, 2023
Panamera Holdings Corp (PHCI)
About this 8-K
Panamera Holdings Corp filed this 8-K on February 16, 2023.
Items reported
- Item 5.06: Change in shell company status
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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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:
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).
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FORWARD LOOKING STATEMENTS
The following discussion, in addition to the other information contained in this Current Report (“Report”), should be considered carefully in evaluating our prospects. This Report (including without limitation the following factors that may affect operating results) contains forward-looking statements regarding us and our business, financial condition, results of operations and prospects. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements but are not the exclusive means of identifying forward-looking statements in this Report. Additionally, statements concerning future matters such as revenue projections, projected profitability, growth strategies, possible changes in legislation and other statements regarding matters that are not historical are forward-looking statements.
Forward-looking statements in this Report reflect the good faith judgment of our management and the statements are based on facts and factors as we currently know them. Forward-looking statements are subject to risks and uncertainties and actual results and outcomes may differ materially from the results and outcomes discussed in the forward-looking statements. Factors that could cause or contribute to such differences in results and outcomes include, but are not limited to, those discussed in this Report. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this Report. We undertake no obligation to revise or update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this Report.
As referred to hereinafter in this Report and unless otherwise indicated, the terms “we”, “us”, “our”, the “Company” refer to Panamera Holdings Corporation.
ITEM 5.06 CHANGE IN SHELL COMPANY STATUS
The Company began operating as a consulting company to healthcare organizations on March 1, 2022, when it entered into a Consulting Agreement with First DP Ventures, LP dba First Primary Care of Houston, Texas and employed Christopher Barakat, a member of our board of directors, to perform the consulting services under an Employment Contract. Effective on February 15, 2023, the Company deemed the consulting operations to no longer be nominal as the revenue generated exceeded $95,000 and the payroll exceeded $80,000 thereby causing the Company to cease to be a shell company. The information contained in this Report, together with the information contained in our Annual Report on Form 10-K filed January 6, 2023 for the period ending on July 31, 2022 and the 10-K for the period ending July 31, 2021 as well as the 8-K filed May 24, 2022 and the quarterly reports filed on Form 10-Q for the periods following April 30, 2022 constitute the current “Form 10 information” necessary to satisfy the conditions contained in Rule 144(i)(2) under the Securities Act and are incorporated herein by this reference.
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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.
PANAMERA HOLDINGS CORPORATION |
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/s/ T. Benjamin Jennings |
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T. Benjamin Jennings |
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President, Chief Executive Officer and Director |
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Date: February ___, 2023 |
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