−Removed: Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: Equity Financing
−Removed: On November 1,
−Removed: 2021, we entered into an Equity Financing Agreement with GHS Investments, LLC (“ GHS ”) for an equity line.
−Removed: we are not required to sell shares under the Equity Financing Agreement, the Equity Financing Agreement gives us the option to sell to
−Removed: 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
−Removed: 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
−Removed: Equity Financing Agreement, (ii) November 1, 2023, twenty-four months from the date of execution of the Equity Financing Agreement, or
−Removed: (iii) upon mutual termination of the Equity Financing Agreement (the “ Open Period ”).
−Removed: During the Open
−Removed: Period, we may, in our sole discretion, deliver a put notice (“ Put Notice ”) to GHS which shall state the dollar amount
−Removed: requested by us (the “ Put Amount ”) and number of shares intends to sell to GHS on a designated closing date.
−Removed: price (the “ Purchase Price ”) of the common stock sold pursuant to a Put Notice will be set at 90% of the lowest volume-weighted
−Removed: average price of our common stock during the ten consecutive trading day period immediately preceding the date on which we deliver the
−Removed: Put Notice to GHS.
−Removed: We are obligated to deliver a number of shares to GHS equal to Put Amount divided by the Purchase Price in consideration
−Removed: of the payment of the Put Amount.
−Removed: Pursuant to the
−Removed: 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,
−Removed: 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
−Removed: “ Fifth Closing ”).
−Removed: We received approximately $96,663 in net proceeds from the Fifth Closing after deducting the fees
−Removed: and other estimated offering expenses payable by us.
−Removed: Pursuant to the
−Removed: 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
−Removed: 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
−Removed: We received approximately $38,786 in net proceeds from the Sixth Closing after deducting the fees and other estimated
−Removed: offering expenses payable by us.
−Removed: Pursuant to the
−Removed: 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
−Removed: 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
−Removed: We received approximately $78,784 in net proceeds from the Seventh Closing after deducting the fees and other estimated
−Removed: offering expenses payable by us.
−Removed: Pursuant to the
−Removed: 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
−Removed: 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
−Removed: We received approximately $29,541 in net proceeds from the Eighth Closing after deducting the fees and other estimated
−Removed: offering expenses payable by us.
−Removed: Pursuant to the
−Removed: 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,
−Removed: 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
−Removed: (the “ Ninth Closing ”).
−Removed: We received approximately $26,727 in net proceeds from the Ninth Closing after deducting the
−Removed: fees and other estimated offering expenses payable by us.
−Removed: The shares issued
−Removed: in reliance upon the exemption from securities registration afforded by Section 4(a)(2) of the Securities Act of 1933, as amended (the
−Removed: “ Securities Act ”), and Rule 506(b) of Regulation D under the Securities Act, based in part on the representations
−Removed: of the investor.
+Added: Unregistered Sales of Equity Securities
+Added: and Use of Proceeds
+Added: Equity Financing Agreement
+Added: On November 1, 2021, we entered into an Equity Financing
+Added: Agreement with GHS Investments, LLC (“ GHS ”) for an equity line.
+Added: Although we are not required to sell shares under the
+Added: Equity Financing Agreement, the Equity Financing Agreement gives us the option to sell to GHS up to $2,500,000 worth of our common stock,
+Added: in increments, beginning on the first trading day after the effective date of this Registration Statement and ending on the earlier of
+Added: (i) the date GHS has purchased an aggregate of $2,500,000 of our common stock pursuant to the Equity Financing Agreement, (ii) November
+Added: 1, 2023, twenty-four months from the date of execution of the Equity Financing Agreement, or (iii) upon mutual termination of the Equity
+Added: Financing Agreement (the “ Open Period ”).
+Added: During the Open Period, we may, in our sole discretion,
+Added: deliver a put notice (“ Put Notice ”) to GHS which shall state the dollar amount requested by us (the “ Put Amount ”)
+Added: and number of shares intends to sell to GHS on a designated closing date.
+Added: The purchase price (the “ Purchase Price ”)
+Added: 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
+Added: the ten consecutive trading day period immediately preceding the date on which we deliver the Put Notice to GHS.
+Added: We are obligated to deliver
+Added: a number of shares to GHS equal to Put Amount divided by the Purchase Price in consideration of the payment of the Put Amount.
+Added: Below is a table of all puts made by the Company under
+Added: the Equity Financing Agreement during the quarter ended September 30, 2022:
+Added: Number of Shares Sold
+Added: Total Proceeds, Net of Discounts
+Added: Effective Price per Share
+Added: The shares issued in reliance
+Added: upon the exemption from securities registration afforded by Section 4(a)(2) of the Securities Act and Rule 506(b) of Regulation D under
+Added: the Securities Act, based in part on the representations of the investor.
There were $1,763 in sales commissions paid to J.H.
−Removed: Darbie & Co., LLC pursuant to these transactions.
+Added: Darbie ”) pursuant to these transactions.
Title of Document
−Removed: Rule 13a-14(a) Certification by Principal
−Removed: Executive Officer
−Removed: Rule 13a-14(a) Certification by Principal
−Removed: Financial and Accounting Officer
−Removed: Section 1350 Certification of Principal Executive
−Removed: Section 1350 Certification of Principal Financial
−Removed: and Accounting Officer
+Added: Rule 13a-14(a) Certification by Principal Executive Officer
+Added: Rule 13a-14(a) Certification by Principal Financial and Accounting Officer
+Added: Section 1350 Certification of Principal Executive Officer
+Added: Section 1350 Certification of Principal Financial 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
−Removed: **Furnished with
−Removed: Pursuant to the
−Removed: requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned
−Removed: thereunto duly authorized.
+Added: *Filed with this Report.
+Added: **Furnished with this Report.
+Added: Pursuant to the requirements of the Securities Exchange
+Added: Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
IIOT-OXYS, Inc.
−Removed: August 15, 2022
+Added: November 14, 2022
/s/ Clifford L.
1 unchanged sentence
(Principal Executive Officer)
−Removed: August 15, 2022
+Added: November 14, 2022
/s/ Karen McNemar
2 unchanged sentences
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.