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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
Date of Report
(Date of earliest event reported): March 20, 2026
Cyber Enviro-Tech, Inc.
Exact name of Registrant
as Specified in its Charter
| Wyoming |
|
333-267560 |
|
86-3601702 |
| State or Other Jurisdiction
of Incorporation |
|
Commission File Number |
|
IRS Employer Identification
Number |
6991
E. Camelback Road, Suite D-300
Scottsdale, Arizona 85251
Address of Principal
Executive Offices, Including Zip Code
307-200-2803
Registrant's Telephone
Number, Including Area Code
Not applicable
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)) |
Securities registered pursuant to Section
12(b) of the Act:
| Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
| Class A Common Stock |
|
CETI |
|
OTCQB |
Indicate by check mark whether the registrant
is an emerging growth company as defined in 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.
Item 1.01 Entry into a Material Definitive Agreement.
On March 20, 2026, Cyber Enviro-Tech, Inc. (the “Company”),
a Wyoming corporation, entered into an Equity Purchase Agreement (the “Purchase Agreement”) with Monroe Street Capital Partners,
LP (the “Investor”). Pursuant to the Purchase Agreement, the Company has the right, but not the obligation, to sell to the
Investor up to Thirty Million Dollars ($30,000,000.00) (the “Maximum Commitment Amount”) of the Company’s common stock,
par value $0.001 per share (the “Common Stock”), from time to time during the Commitment Period (as defined below), subject
to the terms, conditions, limitations, and procedures set forth in the Purchase Agreement.
Under the Purchase Agreement, the Company may, at
its discretion and subject to satisfaction of specified conditions (including the effectiveness of a registration statement covering the
resale of the shares issuable thereunder), deliver a Put Notice to the Investor specifying the number of shares of Common Stock (the “Put
Shares”) to be purchased by the Investor. Each Put is subject to a minimum of $25,000 (calculated using the Initial Purchase Price)
and a maximum of the lesser of $500,000 (calculated using the Initial Purchase Price) or 200% of the Average Daily Trading Value during
the seven Trading Days immediately preceding the Put Date (excluding the highest and lowest volume days). The Purchase Price per share
for each Put is the lesser of (i) 85% of the lowest traded price of the Common Stock on the Principal Market on the Trading Day immediately
preceding the Put Date or (ii) 85% of the lowest traded price of the Common Stock on the Principal Market during the Valuation Period,
subject to adjustments. The Valuation Period begins on the Put Date and continues through the date that is five (5) Trading Days immediately
following the Clearing Date associated with the applicable Put Notice. The Investor is required to purchase the Put Shares, with delivery
of the Put Shares as DWAC Shares on or before 4:30 p.m. Eastern time on the Put Date and payment of the Investment Amount (Purchase Price
minus Clearing Costs) due on specified weekly Payment Dates (each Friday, or the next business day if a holiday).
As consideration for entering into the Purchase Agreement,
the Company agreed to issue 3,000,000 shares of Common Stock as Initial Commitment Shares to the Investor upon execution of the Purchase
Agreement (earned in full and not contingent on any further event). In addition, upon each of the first three Trigger Events (i.e., each
time the aggregate gross proceeds received by the Company under the Purchase Agreement increase by $2,500,000), the Company shall issue
an additional 3,000,000 Fulfillment Commitment Shares (subject to appropriate adjustments for stock dividends, splits, combinations, etc.).
The Investor is entitled to certain protections, including a beneficial ownership limitation of 4.99%, and the Company is subject to customary
covenants, including prohibitions on entering into any other Equity Line of Credit or Variable Rate Transaction without the Investor’s
prior written consent during the specified periods.
The Purchase Agreement contains customary representations,
warranties, covenants, indemnification obligations, and termination provisions. The Commitment Period commences on March 20, 2026, and
ends on the earlier of (i) the full draw of the Maximum Commitment Amount, (ii) twenty-four (24) months from the date thereof, (iii) termination
by the Company (subject to limitations, including no termination during a Valuation Period or while the Investor holds any Put Shares),
(iv) the Registration Statement is no longer effective, or (v) certain bankruptcy or similar events. The provisions addressing indemnification,
governing law, arbitration, and certain other matters survive termination.
Concurrently with the Purchase Agreement, the Company
entered into a Registration Rights Agreement (the “Registration Rights Agreement”) with the Investor. Pursuant to the Registration
Rights Agreement, the Company is obligated to file with the Securities and Exchange Commission (the “SEC”) an initial registration
statement (the “Registration Statement”) covering the resale by the Investor of the Commitment Shares and any Put Shares issued
or issuable under the Purchase Agreement (collectively, the “Registrable Securities”). The Company must file the initial Registration
Statement within thirty (30) calendar days after March 20, 2026, and use its reasonable best efforts to cause it to be declared effective
by the SEC within ninety (90) calendar days after filing (or earlier if possible). The Company must maintain the effectiveness of the
Registration Statement (including through post-effective amendments or new registration statements as necessary) throughout the Registration
Period, which continues until the Investor has sold all Registrable Securities and the Maximum Commitment Amount has been fully drawn.
The Registration Rights Agreement includes customary provisions regarding prospectus supplements, blue sky qualifications, review and
comment rights, indemnification, suspension rights, and remedies for delays or failures in effectiveness or maintenance of effectiveness.
The foregoing descriptions of the Purchase Agreement
and the Registration Rights Agreement are qualified in their entirety by reference to the full text of such agreements, which are filed
as Exhibits 10.1 and 10.2, respectively, to this Current Report on Form 8-K and are incorporated herein by reference.
The securities to be issued under the Purchase Agreement
and related agreements have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or any
state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from registration
requirements. The Commitment Shares and any Put Shares will be issued in reliance on exemptions from registration under Section 4(a)(2)
of the Securities Act and/or Regulation D promulgated thereunder.
Item 9.01. Financial
Statements and Exhibits.
(d) Exhibits.
| Exhibit No. |
Description |
| 10.1 |
Equity Purchase Agreement, dated March 20, 2026, by and between Cyber Enviro-Tech, Inc. and Monroe Street Capital Partners, LP. |
| 10.2 |
Registration Rights Agreement, dated March 20, 2026, by and between Cyber Enviro-Tech, Inc. and Monroe Street Capital Partners, LP. |
| 104 |
Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURE
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.
| |
CYBER ENVIRO-TECH, INC.
|
| |
|
|
| |
|
|
| |
By: |
/s/ Kim D. Southworth |
| Date: March 26, 2026 |
Name: |
Kim D. Southworth,
Chief
Executive Officer |