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): April 5, 2024
Desert Hawk Gold Corp.
(Exact Name of Registrant as Specified in Charter)
nevada | | 333-169701 | | 82-0230997 |
(State or Other Jurisdiction of Incorporation) | | Commission File Number | | (IRS Employer Identification No.) |
1290 Holcomb Avenue, Reno, NV | | 89502 |
(Address of principal executive offices) | | (Zip Code) |
Registrant’s telephone number, including area code: (775) 337-8057
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 communications pursuant to Rule 425 under the Securities Act |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
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. ☐
Item 1.03 Bankruptcy or Receivership.
On April 5, 2024 (the “Petition Date”), Desert Hawk Gold Corp. (the “Company” or the “Debtor”) filed voluntary petitions for relief under Chapter 11 of Title 11 of the United States Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”), thereby commencing Chapter 11 cases for the Company.
The Company will continue to operate its business as “debtors in possession” under the jurisdiction of the Bankruptcy Court and in accordance with the applicable provisions of the Bankruptcy Code and orders of the Bankruptcy Court.
The Company cannot be certain that holders of the Company’s common stock will receive any payment or other distribution on account of those shares following the Chapter 11 Cases.
Item 8.01 Other Events.
Due to the Chapter 11 Bankruptcy and lack of operational funds, the Company will be unable to continue to make its annual 10-K or quarterly 10-Q filings with the Securities and Exchange Commission for the foreseeable future. The Company plans to resume making its annual 10-K and quarterly 10-Q filings after the Chapter 11 Bankruptcy proceedings have concluded, if operational funds are again available.
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.
| Desert Hawk Gold Corp. |
| | |
Date: May 28, 2024 | By | /s/ Rick Havenstrite |
| | Rick Havenstrite, Chief Executive Officer |
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