UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 1-U
CURRENT REPORT PURSUANT TO REGULATION A
Date of Report (Date of earliest event reported): November 28, 2016
Sigmata Electronics, Inc.
(Exact name of issuer as specified in its charter)
Delaware
(State or other jurisdiction of incorporation)
81-1253192
(I.R.S. Employer Identification No.)
28 Apollo Road, Suite 6A
East Providence, RI 02914
(Full mailing address of principal executive offices)
Issuer’s telephone number, including area code: (401) 714-5337
Title of each class of securities issued pursuant to Regulation A: Common stock, par value $0.0001
Item 9. Other Events
Notes: Previous to the “Events” described in the ‘Events’ section below, the following individuals held the respective number of shares:
| Shareholders | Freely Transferable Shares (Common Stock) | Restricted Shares (Common Stock) | Total Shares (Common Stock) |
|---|---|---|---|
| Jeffrey DeNunzio* | 2,500,000 | 17,500,000 | 20,000,000 |
| Paul Moody* | 2,500,000 | 17,500,000 | 20,000,000 |
| Other Shareholders | 454,000 | 0 | 454,000 |
| Total | 5,454,000 | 35,000,000 | 40,454,000 |
Note: No shares of Preferred Stock are issued or have been issued by the Company to date.
Per the above table, “Other Shareholders” are defined as any individual who is not an employee of the Company, is not an officer or director of the Company, and is not a shareholder holding 5% or more of the Company’s shares. Per the above table we have 34 “Other Shareholders.”
* Jeffrey DeNunzio and Paul Moody are Officers and Directors of the Company.
Events
On November 28, 2016, our two majority shareholders, Paul Moody and Jeffrey DeNunzio, each have agreed to, and have since cancelled, 11,500,000 shares of restricted common stock respectively and 750,000 shares of freely transferable common stock respectively.
Subsequent to the above cancellation of shares, on November 28, 2016 the Company authorized and conducted a forward stock split. Every one share of common stock held by stockholders has been converted into three (3) shares of common stock.
The below table details the shares held by the respective individuals as a result of the above events:
| Shareholders | Freely Transferable Shares (Common Stock) | Restricted Shares (Common Stock) | Total Shares (Common Stock) |
|---|---|---|---|
| Jeffrey DeNunzio* | 5,250,000 | 18,000,000 | 23,250,000 |
| Paul Moody* | 5,250,000 | 18,000,000 | 23,250,000 |
| Other Shareholders | 1,362,000 | 0 | 1,362,000 |
| Total | 11,862,000 | 36,000,000 | 47,862,000 |
Note: No shares of Preferred Stock are issued or have been issued by the Company to date.
Per the above table, “Other Shareholders” are defined as any individual who is not an employee of the Company, is not an officer or director of the Company, and is not a shareholder holding 5% or more of the Company’s shares. Per the above table we have 34 “Other Shareholders.”
* Jeffrey DeNunzio and Paul Moody are Officers and Directors of the Company.
SIGNATURES
Pursuant to the requirements of Regulation A, the issuer has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| SIGMATA ELECTRONICS, INC. | |||
| Date: November 28, 2016 | By: | /s/ Paul Moody | |
| Paul Moody | |||
| Chief Executive Officer | |||
