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
October 3, 2019
Date of Report (Date of earliest event reported)
SLINGER BAG INC.
(Exact Name of Registrant as Specified in Charter)
| Nevada | | 333-214463 | | 61-1789640 |
| (State or other jurisdiction | | (Commission | | (IRS Employer |
| ofincorporation) | | File Number) | | IdentificationNo.) |
709 N. Rolling Road, Suite 116
Windsor Mill
Baltimore, MD
21244
(Address of Principal Executive Offices)
(347) – 434 9220
(Registrant’s telephone number, including area code)
N/A
(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 (see General Instruction A.2. below):
| [ ] | 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)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | | Trading Symbol (s) | | Name of each exchange on which registered |
| None | | None | | None |
SECTION 1 – REGISTRANT’S BUSINESS AND OPERATIONS
Item 1.01 Entry into a Material Definitive Agreement
On December 3, 2019, Slinger Bag Inc., a Nevada corporation (the “Company”), entered into a loan agreement (the “December Loan Agreement”) with 2490585 Ontario Inc. (the “Lender”) for a $500,000 loan that will bear interest at a rate of 12% per annum and is to be repaid out of available cash as soon as practicable in the reasonable opinion of the Company and the Lender. The Company is not permitted to make any distribution or pay any dividend unless or until the loan is repaid in full.
A copy of the December Loan Agreement is attached to this report as Exhibit 10.1.
On October 3, 2019, the Company entered into a similar loan agreement with the Lender (the “October Loan Agreement”) for a $500,000 loan with the same terms as loan described above.
A copy of the October Loan Agreement is attached to this report as Exhibit 10.2.
SECTION 5 – CORPORATE GOVERNANCE AND MANAGEMENT
Item 5.03 Amendments to Articles of Incorporation or ByLaws; Change in Fiscal Year
Effective November 20, 2019, the Company changed its name from Lazex Inc. to Slinger Bag Inc. The name change was made pursuant to and in accordance with Nevada Revised Statutes 78.390 by amending the Company’s Articles of Incorporation.
SECTION 9 – FINANCIAL STATEMENTS AND EXHIBITS
9.01 Financial Statements and Exhibits
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| | Slinger Bag inc. a Nevada corporation |
| | |
| Dated: December 9, 2019 | By: | /s/ Mike Ballardie |
| | | Chief Executive Officerand Sole Director |
