Propanc Biopharma, Inc 8-K, filed Oct 30, 2023
Propanc Biopharma, Inc. (PPCB)
About this 8-K
Propanc Biopharma, Inc filed this 8-K on October 30, 2023, reporting on events of October 29, 2023.
Items reported
- Item 8.01: Other events
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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Item 8.01(Other Events)
On October 26, 2023, Propanc Biopharma, Inc. (the “Company”) filed a Current Report on Form 8-K (the “Original Current Report”) disclosing that the Company had entered into a securities purchase agreement with an investor (the “Investor”), pursuant to which the Investor agreed to purchase a convertible promissory note from the Company in the aggregate principal amount of $40,000 (the “Note”), with such principal and the interest thereon convertible into shares of common stock of the Company, par value $0.001 per share, at the option of Investor at any time after 180 days of the issuance date of the Note.
At the time of filing the Original Current Report, and as disclosed therein, the Company had not received the funds required to complete the transaction. On October 29, 2023, the Company received such funds and the transaction closed.
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.
| Date: October 30, 2023 | PROPANC BIOPHARMA, INC. | |
| By: | /s/ James Nathanielsz | |
| Name: | James Nathanielsz | |
| Title: | Chief Executive Officer and Chief Financial Officer | |