UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of September 2022
Commission File Number: 000-41408
BYND CANNASOFT ENTERPRISES INC.
(Translation of registrant’s name into English)
7000 Akko Road
Kiryat Motzkin
Israel
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): _____
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): _____
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
If “Yes” marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-________
On September 18, 2022, BYND Cannasoft Enterprises Inc. (the “Company”) entered into a share purchase agreement (the “Agreement”) with Carmel Zigdon (“Carmel”) pursuant to which the Company is acquiring from him all issued and outstanding shares of Zigi Carmel Initiatives & Investments Ltd., a corporation organized under the laws of the State of Israel (“ZC”). Under the terms of the Agreement, the Company will (i) issue to Carmel 7,920,000 common shares, (ii) pay Carmel $100,000 for legal costs in connection with the transaction, and (iii) elect him to the Company’s Board of Directors. The transaction is expected to close on September 22, 2022.
ZC owns the intellectual property (consisting of a device and related software both of which are the subject of patent applications) for a therapeutic device that is designed to use low concentrations of CBD oils, such as hemp seed oil and other natural oils, to treat certain women’s health issues.
EXHIBIT INDEX
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, thereunto duly authorized.
September 19, 2022
| | BYND CANNASOFT ENTERPRISES INC. |
| | | |
| | By: | /s/ Yftah Ben Yaackov |
| | Name: | Yftah Ben Yaackov |
| | Title: | Chief Executive Officer |
