ITEM 8.01 OTHER EVENTS

On December 30, 2021, Givemepower Corporation, a Nevada corporation (the "Company"), entered into an Sale Agreement (the "Sale Agreement"), by and among the Company, Video River Networks, Inc., a Nevada corporation ("Purchaser"), pursuant to which, subject to the terms and conditions of the Sale Agreement, Alpharidge Capital, LLC, a wholly owned subsidiary of Givemepower Corporation will merge with and into Video River Networks, Inc. (the "Merger"), with Alpharidge Capital, LLC. surviving such Merger as a wholly owned subsidiary of Video River Networks, Inc.

The resulting effect of this transaction is that all assets and liabilities associated with Alpharidge Capital, LLC. will henceforth report under Video River Networks, Inc. All assets and liabilities related to Alpharidge Capital, LLC. that used to be consolidated into Givemepower Corporation financial statements will henceforth be reported into Video River Networks, Inc.'s financial statements.

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