REDHAWK HOLDINGS CORP. UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): March 9, 2022
REDHAWK HOLDINGS CORP.
(Exact name of registrant as specified in its charter)
| Nevada | 000-54323 | 20-3866475 |
| (State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) |
100 Petroleum Drive, Suite 200,Lafayette, Louisiana70508 | ||
| (Address of principal executive offices) (Zip Code) |
Registrant's telephone number, including area code: (337)269-5933
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act: None.
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 2.01 | Completion of Acquisition or Disposition of Assets |
On March 9, 2022, RedHawk Land & Hospitality LLC ("RedHawk Land"), a wholly-owned subsidiary of the Registrant, sold its commercial property leased to the 3rd Circuit Court of Appeals for the State of Louisiana located on Jefferson Street in Lafayette, Louisiana (the "Property") pursuant to a Purchase and Sale Agreement (the "Agreement") dated January 19, 2022. There are no relationships, other than with respect to the Agreement, between RedHawk Land, the Registrant and the buyer. The aggregate gross sale price for the Property was $450,000. The proceeds from the sale were used to pay closing costs, pay in full a certain real estate loan in the principal amount of approximately $185,000 plus accrued interest and to provide working capital.
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.
| REDHAWK HOLDINGS CORP. | ||
| Date: March 14, 2022 | By: | /s/ G. Darcy Klug |
| G. Darcy Klug | ||
| Chief Financial Officer |
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RedHawk Holdings Corp. published this content on 14 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 March 2022 14:03:03 UTC.
