Rivulet Entertainment, Inc 8-K, filed Feb 19, 2026
Rivulet Entertainment, Inc. (RIVF)
About this 8-K
Rivulet Entertainment, Inc filed this 8-K on February 19, 2026, reporting on events of February 12, 2026.
Items reported
- Item 1.01: Entered into a material agreement
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM
CURRENT REPORT PURSUANT TO
SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date
of report (Date of earliest event reported):
(Exact Name of Registrant as Specified in Charter)
(State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
(Address of Principal Executive Offices) (Zip Code)
(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:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||
| OTCID |
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).
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 1 - Registrant’s Business and Operations
Item 1.01 Entry into a Material Definitive Agreement.
On February 12, 2026 Rivulet Entertainment, Inc., (f/k/a Advanced Voice Recognition Systems, Inc.) a Nevada corporation (“the Company”), and Rivulet Media, Inc., a Delaware corporation (Rivulet), collectively the Parties, entered into an addendum that amended the Asset Purchase Agreement (the “Purchase Agreement”), dated March 1, 2024 to reduce the cash portion of the purchase price from $3,500,000 to 12,900,000 restricted shares of common stock and 1,000,000 shares of Series C Preferred shares of the Buyer in lieu of the above stated cash amount of $3,500,000.
All other terms and conditions of the Purchase Agreement shall remain in full force and effect.
Item 9.01 Financial Statements and Exhibits
| Number | Title | |
| Exhibit 10.10 | Addendum to the Asset Purchase Agreement | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: February 18, 2026
| Rivulet Entertainment, Inc. | ||
| By: | /s/ Walter Geldenhuys | |
| Name: | Walter Geldenhuys | |
| Title: | President, Chief Executive Officer | |
Exhibit 10.10
ADDENDUM TO ASSET PURCHASE AGREEMENT
The following provisions (the “Addendum”) are hereby incorporated into, and are hereby made a part of, that certain Asset Purchase Agreement dated March 1, 2024 (the “Agreement”) between Advanced Voice Recognition Systems, Inc. a Nevada corporation, n/k/a Rivulet Entertainment, Inc. a Nevada corporation (“Buyer”), and Rivulet Media, Inc., a Delaware corporation (“Seller” or “Company”) (individually, a “Party”; collectively, the “Parties”) and such provisions are effective retroactively to the date of the Agreement (the “Effective Date”).
| 1. | Purchase Price. On May 19, 2025, the Agreement was amended by decreasing the cash portion by $3,550,000 for a total cash amount of $6,450,000 since that date $2,950,00 has been paid reducing the balance to $3,500,000. The balance of the Purchase Price shall be paid with 12,900,000 restricted shares of common stock and 1,000,000 shares of Series C Preferred stock of the Buyer in lieu of the above stated cash amount of $3,500,000. | |
| 2. | All other terms and conditions of the Agreement shall remain in full force and effect and said Agreement is hereby confirmed and ratified accordingly. |
IN WITNESS WHEREOF, the Parties have caused this Addendum to the Asset Purchase Agreement to be duly executed and delivered as of February 12, 2026.
| SELLER | BUYER | |||
| RIVULET MEDIA, INC. | Rivulet Entertainment, Inc. | |||
| a Delaware corporation | a Nevada corporation | |||
| By | /s/ Michael Witherill | By | /s/ Walter Geldenhuys | |
| Michael Witherill | Walter Geldenhuys | |||
| President and Director | President, Chief Executive Officer | |||