UNITED STATESSECURITIES 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): September 28, 2017
| SEGUIN NATURAL HAIR PRODUCTS INC. |
(Exact name of registrant as specified in its charter)
| Nevada | 333-205822 | 35-7654530 |
State or other jurisdiction incorporation | Commission File Number | IRS Employer Identification No. |
65 Hillview Street, Hamilton, Ontario, Canada L8S 2Z3
(Address of principal executive offices) | (Zip Code) |
| Registrant's telephone number, including area code: (702)738-2051 |
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| 104 Longwood Road South, Hamilton, Ontario, Canada L8S IS6 |
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| (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 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))
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.
Emerging Growth Company ☒
| Section 2- | Financial Information |
| Item 2.03 | Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant |
On September 28, 2017, the Company issued its promissory note (“Note”) to a Canadian private institutional lender in the principal amount of $10,000.00. The Note bears interest at the rate of 25% per annum based on a 365-day year and the Note is due and payable on demand of the holder. The Note is unsecured and the entire principal and accrued interest balance will be due in a lump sum on demand of the holder.
The proceeds of the Note will be used for general administrative costs and expenses incurred, or to be incurred, by the Company.
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.
| SEGUIN NATURAL HAIR PRODUCTS INC. |
| Dated: September 28, 2017 | By: /s/Kimberly Wright |
| President and CEO |
