−Removed: Unregistered Sales of Equity Securities
−Removed: and Use of Proceeds
−Removed: Equity Financing Agreement
−Removed: On November 1, 2021, we entered into an Equity
−Removed: Financing Agreement with GHS Investments, LLC (“ GHS ”) for an equity line.
−Removed: Although we are not required to sell shares
−Removed: under the Equity Financing Agreement, the Equity Financing Agreement gives us the option to sell to GHS up to $2,500,000 worth of our
−Removed: common stock, in increments, beginning on the first trading day after the effective date of this Registration Statement and ending on
−Removed: the earlier of (i) the date GHS has purchased an aggregate of $2,500,000 of our common stock pursuant to the Equity Financing Agreement,
−Removed: (ii) November 1, 2023, twenty-four months from the date of execution of the Equity Financing Agreement, or (iii) upon mutual termination
−Removed: of the Equity Financing Agreement (the “ Open Period ”).
−Removed: During the Open Period, we may, in our sole discretion,
−Removed: deliver a put notice (“ Put Notice ”) to GHS which shall state the dollar amount requested by us (the “ Put Amount ”)
−Removed: and number of shares intends to sell to GHS on a designated closing date.
−Removed: The purchase price (the “ Purchase Price ”)
−Removed: of the common stock sold pursuant to a Put Notice will be set at 90% of the lowest volume-weighted average price of our common stock during
−Removed: the ten consecutive trading day period immediately preceding the date on which we deliver the Put Notice to GHS.
−Removed: We are obligated to deliver
−Removed: a number of shares to GHS equal to Put Amount divided by the Purchase Price in consideration of the payment of the Put Amount.
−Removed: Pursuant to the Equity
−Removed: Financing Agreement, on January 27, 2022, we and GHS agreed that we would issue and sell to GHS, and GHS would purchase from us, 2,623,138
−Removed: shares of Common Stock for total proceeds to us, net of discounts, of $11,161, at an effective price of $0.00468 per share (the “ First
−Removed: We received approximately $10,937 in net proceeds from the First Closing after deducting the fees and other estimated
−Removed: offering expenses payable by us.
−Removed: Pursuant to the Equity
−Removed: Financing Agreement, on February 18, 2022, we and GHS agreed that we would issue and sell to GHS, and GHS would purchase from us, 3,975,109
−Removed: shares of Common Stock for total proceeds to us, net of discounts, of $22,117, at an effective price of $0.00612 per share (the “ Second
−Removed: We received approximately $21,674 in net proceeds from the Second Closing after deducting the fees and other estimated
+Added: Unregistered Sales of Equity Securities and Use of Proceeds
+Added: Equity Financing
+Added: On November 1,
+Added: 2021, we entered into an Equity Financing Agreement with GHS Investments, LLC (“ GHS ”) for an equity line.
+Added: we are not required to sell shares under the Equity Financing Agreement, the Equity Financing Agreement gives us the option to sell to
+Added: GHS up to $2,500,000 worth of our common stock, in increments, beginning on the first trading day after the effective date of this Registration
+Added: Statement and ending on the earlier of (i) the date GHS has purchased an aggregate of $2,500,000 of our common stock pursuant to the
+Added: Equity Financing Agreement, (ii) November 1, 2023, twenty-four months from the date of execution of the Equity Financing Agreement, or
+Added: (iii) upon mutual termination of the Equity Financing Agreement (the “ Open Period ”).
+Added: During the Open
+Added: Period, we may, in our sole discretion, deliver a put notice (“ Put Notice ”) to GHS which shall state the dollar amount
+Added: requested by us (the “ Put Amount ”) and number of shares intends to sell to GHS on a designated closing date.
+Added: price (the “ Purchase Price ”) of the common stock sold pursuant to a Put Notice will be set at 90% of the lowest volume-weighted
+Added: average price of our common stock during the ten consecutive trading day period immediately preceding the date on which we deliver the
+Added: Put Notice to GHS.
+Added: We are obligated to deliver a number of shares to GHS equal to Put Amount divided by the Purchase Price in consideration
+Added: of the payment of the Put Amount.
+Added: Pursuant to the
+Added: Equity Financing Agreement, on April 8, 2022, we and GHS agreed that we would issue and sell to GHS, and GHS would purchase from us,
+Added: 7,828,223 shares of Common Stock for total proceeds to us, net of discounts, of $98,636, at an effective price of $0.0126 per share (the
+Added: “ Fifth Closing ”).
+Added: We received approximately $96,663 in net proceeds from the Fifth Closing after deducting the fees
+Added: and other estimated offering expenses payable by us.
+Added: Pursuant to the
+Added: Equity Financing Agreement, on May 6, 2022, we and GHS agreed that we would issue and sell to GHS, and GHS would purchase from us, 4,969,077
+Added: shares of Common Stock for total proceeds to us, net of discounts, of $43,096, at an effective price of $0.00954 per share (the “ Sixth
+Added: We received approximately $38,786 in net proceeds from the Sixth Closing after deducting the fees and other estimated
offering expenses payable by us.
−Removed: Pursuant to the Equity
−Removed: Financing Agreement, on March 9, 2022, we and GHS agreed that we would issue and sell to GHS, and GHS would purchase from us, 1,978,821
−Removed: shares of Common Stock for total proceeds to us, net of discounts, of $12,177, at an effective price of $0.00675 per share (the “ Third
−Removed: We received approximately $11,933 in net proceeds from the Third Closing after deducting the fees and other estimated
+Added: Pursuant to the
+Added: Equity Financing Agreement, on May 23, 2022, we and GHS agreed that we would issue and sell to GHS, and GHS would purchase from us, 9,182,866
+Added: shares of Common Stock for total proceeds to us, net of discounts, of $80,392, at an effective price of $0.008754545 per share (the “ Seventh
+Added: We received approximately $78,784 in net proceeds from the Seventh Closing after deducting the fees and other estimated
offering expenses payable by us.
−Removed: Pursuant to the Equity
−Removed: Financing Agreement, on March 24, 2022, we and GHS agreed that we would issue and sell to GHS, and GHS would purchase from us, 8,274,000
−Removed: shares of Common Stock for total proceeds to us, net of discounts, of $68,374, at an effective price of $0.008264 per share (the “ Fourth
−Removed: We received approximately $67,006 in net proceeds from the Fourth Closing after deducting the fees and other estimated
+Added: Pursuant to the
+Added: Equity Financing Agreement, on June 8, 2022, we and GHS agreed that we would issue and sell to GHS, and GHS would purchase from us, 4,004,600
+Added: shares of Common Stock for total proceeds to us, net of discounts, of $30,144, at an effective price of $0.008264 per share (the “ Eighth
+Added: We received approximately $29,541 in net proceeds from the Eighth Closing after deducting the fees and other estimated
offering expenses payable by us.
−Removed: The shares issued in
−Removed: reliance upon the exemption from securities registration afforded by Section 4(a)(2) of the Securities Act of 1933, as amended (the “ Securities
−Removed: Act ”), and Rule 506(b) of Regulation D under the Securities Act, based in part on the representations of the investor.
−Removed: were $2,277 in sales commissions paid to J.H.
+Added: Pursuant to the
+Added: Equity Financing Agreement, on June 24, 2022, we and GHS agreed that we would issue and sell to GHS, and GHS would purchase from us,
+Added: 6,352,721 shares of Common Stock for total proceeds to us, net of discounts, of $27,273, at an effective price of $0.0047223 per share
+Added: (the “ Ninth Closing ”).
+Added: We received approximately $26,727 in net proceeds from the Ninth Closing after deducting the
+Added: fees and other estimated offering expenses payable by us.
+Added: The shares issued
+Added: in reliance upon the exemption from securities registration afforded by Section 4(a)(2) of the Securities Act of 1933, as amended (the
+Added: “ Securities Act ”), and Rule 506(b) of Regulation D under the Securities Act, based in part on the representations
+Added: of the investor.
+Added: There were $9,038 in sales commissions paid to J.H.
Darbie & Co., LLC pursuant to these transactions.
−Removed: Series B Preferred Stock
−Removed: On November 19, 2020, pursuant to the terms of
−Removed: a Securities Purchase Agreement dated November 16, 2020, we entered into a preferred equity financing agreement with GHS in the amount
−Removed: of up to $600,000.
−Removed: The agreement provides for GHS’s purchase, from time to time, of up to 600 shares of our newly-designated Series
−Removed: B Convertible Preferred Stock (the “ Series B Preferred Stock ”).
−Removed: On February 7, 2022, GHS purchased 51 shares of
−Removed: Series B Preferred Stock for $51,000.
−Removed: On March 24, 2022, GHS purchased 136 shares of
−Removed: Series B Preferred Stock for $136,000.
−Removed: These sales were exempt under Rule 506(b) under
−Removed: Regulation D.
−Removed: GHS was an “accredited investor” as defined in Rule 501 under the Securities Act.
−Removed: We did not engage in any general
−Removed: solicitation or advertising in connection with the issuance of the shares of Series B Preferred Stock.
−Removed: commissions in the amount of $3,720 were paid to J.H.
−Removed: Shares Issued for Services
−Removed: On February 23, 2022, we issued to a consultant
−Removed: for services rendered, pursuant to a consulting agreement, 100,000 shares of common stock.
−Removed: This sale was exempt under Section 4(a)(2) of
−Removed: the Securities Act.
−Removed: We did not engage in any general solicitation or advertising in connection with the issuance of the shares.
−Removed: commissions were in connection with the issuance of the shares.
Title of Document
−Removed: Amendment dated March 14, 2022 to Senior Secured Convertible Promissory Note with Sergey Gogin
−Removed: Amendment dated March 14, 2022 to Senior Secured Convertible Promissory Note with YVSGRAMORAH LLC
−Removed: Rule 13a-14(a) Certification by Principal Executive and Financial Officer
−Removed: Section 1350 Certification of Principal Executive and Financial Officer
+Added: Rule 13a-14(a) Certification by Principal
+Added: Executive Officer
+Added: Rule 13a-14(a) Certification by Principal
+Added: Financial and Accounting Officer
+Added: Section 1350 Certification of Principal Executive
+Added: Section 1350 Certification of Principal Financial
+Added: and Accounting Officer
Inline XBRL Instance Document
5 unchanged sentences
Cover Page Interactive Data File (formatted in iXBRL, and included in exhibit 101)
−Removed: *Filed with this Report.
−Removed: **Furnished with this Report.
−Removed: Pursuant to the requirements of the Securities
−Removed: Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
+Added: *Filed with this
+Added: **Furnished with
+Added: Pursuant to the
+Added: requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned
+Added: thereunto duly authorized.
IIOT-OXYS, Inc.
+Added: August 15, 2022
/s/ Clifford L.
−Removed: Emmons, Chief Executive Officer and Interim Chief Financial Officer
−Removed: (Principal Executive Officer and Principal
−Removed: Financial Officer)
+Added: Emmons, Chief Executive Officer
+Added: (Principal Executive Officer)
+Added: August 15, 2022
+Added: /s/ Karen McNemar
+Added: Karen McNemar, Interim Chief Financial Officer
+Added: (Principal Financial and Accounting Officer)
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.