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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 20, 2024

 

VERDE BIO HOLDINGS, INC.

(Exact Name of Registrant as Specified in Charter)

 

Nevada   000-54524   30-0678378
(State or Other Jurisdiction
of Incorporation)
  (Commission
File Number)
  (IRS Employer
Identification No.)

 

P.O. Box 67

Jacksboro, Texas 76458

(Address of Principal Executive Offices)

 

(972) 217-4080

(Registrant’s Telephone Number, Including Area Code)

 

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 (see General Instruction A.2. below):

 

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

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.

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
COMMON SHARES   VBHI   OTC PINK

 

 

 

 

 

 

Item 2.01 Acquisition or Disposition of Assets

 

On March 20, 2024, Verde Bio Holdings, Inc. (the “Company”) announced that it had closed on a transaction of certain mineral and royalty interests (“Acquisition”) with a private buyer whereby the Company divested 100% of certain mineral and oil and gas royalty interests for $272,000 in cash, (“Purchase Price”). The acquisition closed on March 20, 2024, with the effective date of the acquisitions March 1, 2024.

 

A form of the Purchase Agreement is filed as Exhibit 10.1to this Current Report on Form 8-K.

 

Item 9.01 Financial Statements and Exhibits.

 

Exhibits. The following exhibits are being filed herewith:

 

Exhibit Number   Description of Exhibits
     
10.1   Purchase and Sale Agreement
     
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

1

 

 

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, on the 25th day of March, 2024.

 

  VERDE BIO HOLDINGS, INC.
   
  By:   /s/ Scott A. Cox
    Name:  Scott A. Cox
    Title:   Chief Executive Officer

 

2

 

 

Exhibit Index to Current Report on Form 8-K

 

Exhibit Number   Description of Exhibits
     
10.1   Purchase and Sale Agreement
     
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

3

 

 


ATTACHMENTS / EXHIBITS

ATTACHMENTS / EXHIBITS

PURCHASE AND SALE AGREEMENT

XBRL SCHEMA FILE

XBRL LABEL FILE

XBRL PRESENTATION FILE

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