UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Company under any of the following provisions:
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| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
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Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbols | Name of each exchange on which registered | ||
| None | N/A | N/A |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company
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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.
Item 1.01 Entry into a Material Definitive Agreement.
On October 29, 2025, the Company entered into an Equity Purchase Agreement (“EPA”) and Registration Rights Agreement (“RRA”) with Trillium Partners LP (“Trillium”), an entity controlled by Steve Hicks. The EPA requires Trillium to purchase up to $10,000,000 of the Company’s stock, subject to certain conditions set therein at a price equal to 85% of the closing price of the shares based on the closing price of the shares for the five days following the put notice. Upon giving a put notice to Trillium the Company must transfer shares having a value of 115% of the amount of the put. The EPA contains certain protections for the Company in the event the price of the stock should fall below 70% of the price on the date of the put. The RRA requires the Company to file a registration statement on Form S-1 at its own expense to cover the resale by Trillium of the shares the Company delivers to Trillium pursuant to puts. The EPA is for a two-year term, and the Company will likely be required to file several registration statements on Form S-1 to meet its obligations under the EPA and no assurance can be given that any particular amounts will be realized by the Company. The foregoing is only a summary. For the full terms, the reader is referred to the EPA and RRA which are Exhibits to this report.
Item 9.01 Financial Statements and Exhibits.
Exhibit Number |
Description | |
| 10.1 | EPA | |
| 10.2 | RRA | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
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.
| NETBRANDS CORP. | ||
| Date: November 5, 2025 | By: | /s/ Paul Adler |
| Paul Adler | ||
| President | ||