ALKALINE WATER Co INC 8-K, filed Sep 9, 2022
ALKALINE WATER Co INC (WTER)
About this 8-K
ALKALINE WATER Co INC filed this 8-K on September 9, 2022, reporting on events of September 7, 2022.
Items reported
- Item 3.02: Unregistered sale of equity
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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CURRENT REPORT
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Item 3.02 Unregistered Sales of Equity Securities.
Effective as of September 7, 2022, we issued an aggregate of 825,738 units of our company upon automatic conversion of our special warrants at a deemed price of US$0.37 per unit to one creditor. Each unit was comprised of one share of common stock and one warrant. Each warrant entitled the holder to purchase an additional share of our common stock at a price of US$0.44 per share for a period of three years.
Effective as of September 7, 2022, we issued an aggregate of 825,738 shares of our common stock upon exercise of our common stock purchase warrants with an exercise price of US$0.44 per share for aggregate gross proceeds of US$363,324.72.
We issued the securities to one non-U.S. person (as that term is defined in Regulation S of the Securities Act of 1933, as amended) in an offshore transaction in which we relied on the exemptions from the registration requirements provided for in Regulation S and/or Section 4(a)(2) of the Securities Act of 1933, as amended.
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.
THE ALKALINE WATER COMPANY INC.
| "David A. Guarino" |
| David A. Guarino |
| Chief Financial Officer and Director |
September 9, 2022