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 22, 2016
HYDROCARB ENERGY CORPORATION
(Exact name of registrant as specified in its charter)
| Nevada | 000-53313 | 30-0420930 |
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
| 800 Gessner, Suite 375, Houston, Texas | 77024 |
| (Address of principal executive offices) | (Zip Code) |
| (713) 970-1590 |
| 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:
| ☐ | Written communications 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)) |
Item 8.01 Other Events.
As previously disclosed on its Form 8-K dated March 14, 2016, Hydrocarb Energy Corp. (the “Company”) entered into a special private placement agreement with Infinity Fund LLC (“Infinity”) on March 9, 2016. However, for reasons unknown to the Company, Infinity and its principal have stopped responding to the Company since March 16, 2016. As a result, the Company has decided to terminate any and all relationships with Infinity as of March 21, 2016.
On March 22, 2016, the Company retained the law firm of Okin & Adams LLP as counsel to the Company to explore different re-organization and re-financing possibilities.
SIGNATURE
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.
| Date: March 23, 2016 | Hydrocarb Energy Corporation |
| | |
| | /s/ Kent P. Watts |
| | Kent P. Watts |
| | Chief Executive Officer |
