Item 3.03 Material Modification to Rights of Security Holders
As previously described in our Definitive Proxy Statement filed on August 2,
2022 with the Securities and Exchange Commission, effective August 30, 2022, the
Board of Directors and the controlling shareholder of Atlas Technology Group,
Inc., (the "Company") in accordance with the provisions of the Articles of
Incorporation, as amended, and by-laws of the Company, the following actions
were approved as follows:
Atlas's redomicile from Florida to Delaware by means of a merger with and into a
newly formed and wholly owned Delaware subsidiary corporation, Saxon Capital
Group, Inc., formed for purposes of the merger with us in order to change the
Company's domicile and it will be a name change concurrently.
A copy of the Agreement and Plan of Merger is attached in its entirety as
Exhibit 10.1.
Item 5.03 - Amendments to Articles of Incorporation or Bylaws
Pursuant to our Definitive 14C filed with the Securities and Exchange Commission
on August 2, 2022, the directors approved and the majority shareholder voted to
approve, the following:
Atlas's redomicile from Florida to Delaware by means of a merger with and into a
newly formed and wholly owned Delaware subsidiary corporation, Saxon Capital
Group, Inc., formed for purposes of the merger with us in order to change the
Company's domicile and it will be a name change concurrently.
A copy of the Company's Certificate of Incorporation of Saxon Capital Group, Inc
is included as Exhibit 3i.1. As of the date of this filing, the Company has not
yet received the filed stamped copy of the Articles of Merger (FL) and
Certificate of Merger (DE). The executed form of the Articles of Merger (FL) as
initially filed is submitted as Exhibit 3i.2 and the executed form of the
Certificate of Merger (DE) as initially filed is submitted as Exhibit 3i.3.
Item 5.07 - Submission of Matter to a Vote of Security Holders
On August 2, 2022, the Company filed a Definitive 14C filed with the Securities
and Exchange Commission and mailed to shareholders notifying shareholders of
record that the directors approved and the majority shareholder voted to approve
the following:
1. To authorize the Board of Directors to grant authority to redomicile and
reincorporate by merger in Delaware.
2. To authorize the Board of Directors to change the name of the corporation to
Saxon Capital Group, Inc.
As of August 1, 2022, the Majority Shareholder held of record one share of
Series A Super Majority Voting Preferred Stock and has voting rights equivalent
to 68% of the number of votable preferred and common shares issued and
outstanding (5,850,705,874 common shares). As of August 1, 2022, the voting
rights of the Majority Shareholder was equal to 68% of the total voting
rights. The Majority Shareholder is David Cutler, our Chief Financial Officer
and director. The remaining outstanding shares of common stock are held by
approximately 91 other shareholders of record.
Item 8.01 - Other Events
We anticipate that our stock trading symbol (currently "ATYG") will be changed
in the near future to more closely reflect our new corporate name Saxon Capital
Group, Inc. In the future, we will issue a Form 8-K and a press release about
the new stock trading symbol.
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Item 9.01 - Exhibits
The following exhibits are filed with this report on Form 8-K.
Exhibit Number Exhibit
3i.1 Certificate of Incorporation of Saxon Capital Group, Inc. - DE
3i.2 Articles of Merger - FL
3i.3 Certificate of Merger - DE
10.1 Agreement and Plan of Merger
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document)
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