Form 8-K Cyber Apps World For: Aug 11
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 11, 2022
CYBER APPS WORLD, INC.
(Exact Name of Registrant as Specified in Charter)
or Other Jurisdiction
|(Commission File Number)||(IRS
9436 W. Lake Mead Blvd., Ste. 5-53
Las Vegas NV 89134-8340
(Address of Principal Executive Offices, Zip Code)
Registrant’s telephone number, including area code: (702) 805-0632
(Former Name or Former Address, if Changed Since Last Report)
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 communication 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. ☐
Section 8 - Other Events
Item 8.01 Other Events.
Due to the fact that the trading price of our shares of common stock has been close to or below its par value and that we are having difficulty financing our operations through the sale of equity, our Board of Directors and principal shareholders have decided to proceed with a reverse split of our common stock.
Currently, we have 847,848,705 shares of common stock issued and outstanding. As a result of the reverse split, every 840 shares of common stock issued and outstanding prior to the reverse split will be exchanged for one post-split share of common stock. Our post-reverse split authorized capital will consist of 250,000,000 shares of common stock with a par value of $0.001 per share and 10,000,000 shares of preferred stock with a par value of $0.001. The reverse split will have no effect on our outstanding shares of preferred stock. The proposed reverse split will be subject to regulatory approval. The record and effective date of the reverse split are to be determined.
Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|Cyber Apps World Inc.|
|Date: August 11, 2022||By:||/s/ Mohammed Irfan Rafimiya Kazi|
|Mohammed Irfan Rafimiya Kazi, President|
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