ITEM 8.01. OTHER EVENTS



Background


On May 13, 2022, we filed a Form 8-K with a May 13, 2022 Shareholder Update titled "Renavotio, Inc. (RIII) Provides Shareholder Updates", which Shareholder Update stated that "we will strive to have all our SEC filings to be current by the end of June" [2022].





Update


Based upon our current assessment of our efforts to become current and ongoing work being performed by our auditor in conjunction with an amended 10-K/A for our fiscal year 2020 and our 2021 Form 10-K, we will not meet our prior June 2022 estimate of becoming current with our SEC filings. We will provide an update regarding our progress in this regard via a Shareholder Update in July 2022.

The information in this Current Report on Form 8-K with respect to Item 8.01 (including the May 13, 2022 Shareholder Update) is being furnished pursuant to Item 8.01 of Form 8-K and shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended ("Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act. This current report on Form 8-K (including the prior filed Exhibit 99.1 Shareholder Update) will not be deemed an admission as to the materiality of any information contained herein.

ITEM 9.01. FINANCIAL STATEMENTS & EXHIBITS





Exhibit No.   Description
  99.1          Shareholder Update dated May 13, 2022 (previously filed on Form
              8-K dated May 13, 2022 as Exhibit 99.1)
104           Cover Page Interactive Data File (embedded within the Inline XBRL
              Document).





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