8-K

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): December 28, 2021

MALACHITE

INNOVATIONS, INC.

(Exact name of registrant as specified in its charter)

Nevada	000-53832	75-3268988
(State<br> or other jurisdiction	(Commission	(I.R.S.<br> Employer
of<br> incorporation)	File<br> Number)	Identification<br> No.)
200 Park Avenue, Suite 200
---	---
Cleveland, Ohio	44122
(Address<br> of principal executive offices)	(Zip<br> Code)

Registrant’s telephone number, including area code: (216) 304-6556

NotApplicable

(Former name or former address, if changed since last report.)

Securities registered pursuant to Section 12(b) of the Act:

Title of each class:	Trading Symbol	Name of each exchange on which registered:
Common<br> Stock	MLCT	OTC<br> Markets

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 (see General Instruction A.2. below):

☐	Written<br> communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting<br> material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement<br> communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement<br> communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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. ☐

Item 8.01. Other Events.

We are furnishing the disclosure in this Item 8.01 in connection with the disclosure of information in a press release released on December 28, 2021 announcing that the U.S. Patent and Trademark Office (USPTO) has granted two patents to the Company for its cannabinoid glycoside prodrug, and that the Company has applied for a new patent under the Patent Cooperation Treaty (PCT) for its novel manufacturing process used to produce its proprietary cannabinoid glycosides. The Company’s new patent application was filed with the USPTO and preserves our right to seek patent protection in 153 foreign nations that are signatories of the PCT. The press release is attached to this Current Report as Exhibit 99.1.

The information in this Item 8.01 (including Exhibit 99.1) is furnished pursuant to Item 8.01 and shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. This Current Report will not be deemed an admission as to the materiality of any information in the Report that is required to be disclosed solely by Regulation FD.

Portions of this Current Report on Form 8-K may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to risks and uncertainties. Although the Company believes any such statements are based on reasonable assumptions, there is no assurance that the actual outcomes will not be materially different due to a number of factors. Any such statements are made in reliance on the “safe harbor” protections provided under the Private Securities Litigation Reform Act of 1995. Additional information about significant risks that may impact the Company is contained in the Company’s filings with the Securities and Exchange Commission and may be accessed at www.sec.gov. The Company is under no obligation, and expressly disclaims any obligation, to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.

Item 9.01 Financial Statements and Exhibits

Exhibit No.	Description
99.1	Press Release from Malachite Innovations, Inc., dated December 28, 2021.
104	Cover<br> Page Interactive Data File (embedded within the Inline XBRL document)

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.

	MALACHITE INNOVATIONS, INC.
Dated:<br> December 28, 2021	By:	/s/ Michael Cavanaugh
	Name:	Michael<br> Cavanaugh
	Title:	Chief<br> Executive Officer

Exhibit 99.1

MALACHITE INNOVATIONS ANNOUNCES TWO GRANTED

U.S. PATENTS AND NEW PCT PATENT FILING

CLEVELAND, OHIO – (December 28, 2021) – MALACHITE INNOVATIONS, INC. (OTC Mkts: MLCT) announces that its wholly-owned drug development subsidiary, Graphium Biosciences, Inc., has been granted two patents by the U.S. Patent and Trademark Office (USPTO) for its cannabinoid glycoside prodrug, and has filed a new patent under the Patent Cooperation Treaty (PCT) for its novel manufacturing process used to produce its proprietary cannabinoid glycosides. The Company's new patent application was filed with the USPTO and preserves our right to seek patent protection in 153 foreign nations that are signatories of the PCT.

Granted: Cannabinoid Glycoside Prodrugs and Methodsof Synthesis

Graphium Biosciences has been granted a patent by the USPTO for its “Cannabinoid Glycoside Prodrugs and Methods of Synthesis” that involves its invention of cannabinoid glycosides and methods of targeted delivery for the treatment of gastrointestinal disorders, including inflammatory bowel disease (IBD) and irritable bowel syndrome (IBS). Based on our PCT application filed in 2016, our granted patent covers the first 18 distinct cannabinoid glycosides based on cannabidiol (CBD), tetrahydrocannabinol (THC), cannabidivarin (CBDV), and cannabinol (CBN), and serves as the cornerstone of our intellectual property portfolio of cannabinoid prodrugs. Graphium Biosciences is also pursuing additional claims and patent rights through divisional applications for this patent.

IBD, which includes Crohn’s disease and ulcerative colitis, is a chronic inflammatory disease of the gastrointestinal tract characterized by periods of remissions and flares. Currently, IBD is a debilitating condition with no cure and is estimated to affect more than 3 million people in the United States. IBS is a non-inflammatory condition that affects the function and behavior of the intestines, often resulting in cramping, abdominal pain and other challenging gastrointestinal issues. IBS is a chronic condition with no cure and is estimated to affect between 25 and 45 million people in the United States.

Granted: Antimicrobial Composition Comprising Cannabinoidsand Methods of Using the Same

Graphium Biosciences has been granted a patent by the USPTO for its “Antimicrobial Composition Comprising Cannabinoids and Methods of Using the Same” for the use of cannabinoids as antibiotics for the treatment of Clostridiodes difficile (C. diff). Based on our PCT application filed in 2018, our granted patent covers the use of cannabidiol (CBD) or tetrahydrocannabinol (THC) for the treatment of infections by C.diff, E. faecalis, S. pneumoniae, and others*.* Graphium Biosciences is also pursuing additional claims and patent rights through division applications for this patent.

C. diff is responsible for almost 500,000 illnesses and nearly 30,000 deaths each year in the United States. C. diff is also a known cause of colitis, so this antimicrobial patent complements our cannabinoid glycoside patents. The granted patent also covers the use of cannabinoids as antimicrobials against Vancomycin-resistant enterobacteriaceae (VRE), an infection responsible for more than 55,000 hospital-related infections and over 5,000 deaths per year in the United States. The granted patent also covers the use of cannabinoids as antimicrobials against S. pneumoniae, the leading cause of bacterial pneumoniae and meningitis in the United States.

New Filing: Continuous Enzymatic Perfusion ReactorSystem

Graphium Biosciences filed a new patent entitled “Continuous Enzymatic Perfusion Reactor System” under the PCT covering its novel reactor and manufacturing process that results in a significant improvement of our glycoside production, a key manufacturing step in our cannabinoid glycoside manufacturing process.

Dr. Brandon Zipp, Chief Science Officer, stated “Our cannabinoid glycoside patent filed in 2016 is the earliest patent describing any novel cannabinoid glycosides, and therefore, the USPTO’s recent granting of our novel and innovative patent serves as a key milestone in our drug development program. The granting of this patent solidifies our position as pioneers in the field of unlocking the therapeutic benefits of cannabinoids without psychoactive side effects.” Dr. Zipp continued, “Receiving patent grants for our core cannabinoid glycosides and for cannabinoids as antimicrobials addressing the challenging infections C. diff and VRE is a great addition to our growing intellectual property portfolio and further validates our innovation-driven R&D program.”

About Malachite Innovations, Inc.

Headquartered in Cleveland, Ohio, Malachite Innovations, Inc. is an innovative socially-conscious company dedicated to improving the health and wellness of people and our planet. Malachite deploys this dual, interconnected strategy through two wholly-owned operating subsidiaries. Graphium Biosciences, our operating subsidiary dedicated to improving the health and wellness of people, seeks to advance our broad portfolio of over 100 novel cannabinoid-glycoside compounds created using our proprietary enzymatic bioprocessing technologies to develop safe and effective novel treatments for chronic and debilitating conditions, with an initial focus on inflammatory bowel disease. Daedalus Ecosciences, our operating unit dedicated to improving the health and wellness of our planet, seeks to identify, invest in and reposition challenging environmental situations with a particular focus on technological innovations and eco-friendly solutions deployed in economically challenged communities.

Notice Regarding Forward-Looking Statements

This press release contains “forward-looking statements” as that term is defined in Section 27(a) of the Securities Act of 1933, as amended and Section 21(e) of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Although we believe that these statements are based on reasonable assumptions, they are subject to numerous factors that could cause actual outcomes and results to be materially different from those indicated in such statements. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies, timing of clinical trials and product development, business strategy and new lines of business. These forward-looking statements are made as of the date of this press release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Malachite Innovations, Inc.

Investor Relations

P: +1 (216) 304-6556

E: ir@malachiteinnovations.com

W: www.malachiteinnovations.com