UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): May 30, 2019
Commission file number: 0-22773
NETSOL TECHNOLOGIES, INC.
(Exact name of small business issuer as specified in its charter)
| NEVADA | | 95-4627685 |
| (State or other Jurisdiction of | | (I.R.S. Employer NO.) |
| Incorporation or Organization) | | |
23975 Park Sorrento, Suite 250, Calabasas, CA 91302
(Address of principal executive offices) (Zip Code)
(818) 222-9195 / (818) 222-9197
(Issuer’s telephone/facsimile numbers, including area code)
Item 8.01 Other Events
On May 30, 2019, NetSol Technologies, Inc., or the Company, issued a press release announcing that its Board of Directors had authorized the repurchase of up to five million dollars’ worth of the Company’s issues and outstanding common shares. The repurchase plan is authorized commencing May 30, 2019, and ending November 30, 2019, subject an additional six-month extension at the discretion of management.
This information is being furnished and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section, nor shall they be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.
Item 9.01.Financial Statements and Exhibits.
99.1 News Release dated May 30, 2019
SIGNATURES
In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
NETSOL TECHNOLOGIES, INC.
| Date: | May 31, 2019 | /s/ Najeeb Ghauri |
| | | NAJEEB GHAURI |
| | | Chief Executive Officer |
| | | |
| Date: | May 31, 2019 | /s/ Roger K. Almond |
| | | ROGER K. ALMOND |
| | | Chief Financial Officer |
