ITEM 3.02UNREGISTERED SALES OF EQUITY SECURITIES.
On July 28, 2022, Duesenberg Technologies Inc. (the "Company") closed a private
placement financing (the "Financing") by issuing 2,142,857 shares of its common
stock (the "Shares") at USD$0.14 per share for gross proceeds of USD$300,000.
The Shares were issued to a company related to Duesenberg by way of director in
common and pursuant to the provisions of Regulation S of the United States
Securities Act of 1933, as amended (the "Act"), to the person who is not
resident of the United States and are otherwise not "U.S. Person" as that term
is defined in Rule 902(k) of Regulation S of the Act.
The above does not constitute an offer to sell or a solicitation of an offer to
buy any of the Company's securities in the United States. The securities have
not been registered under the Act and may not be offered or sold within the
United States or to U.S. persons unless an exemption from such registration is
available.
ITEM 5.02DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS;
APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.
On July 28, 2022, the Company's board of directors appointed Mr. Aernout Reints
Bok to act as director of the Company to fill the vacancy on the board of
directors.
Mr. Reints Bok has extensive experience leading global teams and finding
resolutions with issues related to IP, CT, R&D, Operations, Marketing and Supply
Chain. Mr. Reints Bok also consults on business development, change management,
competence development, and assists with integrating new business units. Mr.
Reints Bok has been employed by Signify (formerly Philips Lighting) & KLite
since 2009, and prior to that by Philips Semiconductors since 1995. Mr. Reints
Bok received his Master's Degree from Technical University of Delft.
ITEM 9.01FINANCIAL STATEMENTS AND EXHIBITS.
(d)Exhibits
Exhibit Number Description of Exhibit
99.1 News Release dated August 1, 2022.
--------------------------------------------------------------------------------
2
--------------------------------------------------------------------------------
© Edgar Online, source Glimpses