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Axim Biotechnologies, Inc. – ‘8-K’ for 9/15/22

On:  Monday, 9/19/22, at 4:14pm ET   ·   For:  9/15/22   ·   Accession #:  1096906-22-2280   ·   File #:  0-54296

Previous ‘8-K’:  ‘8-K’ on / for 8/29/22   ·   Next:  ‘8-K’ on 1/27/23 for 1/23/23   ·   Latest:  ‘8-K’ on 3/21/24 for 3/15/24   ·   1 Reference:  By:  Axim Biotechnologies, Inc. – ‘S-1’ on 6/2/23

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 9/19/22  Axim Biotechnologies, Inc.        8-K:1,7,9   9/15/22   13:374K                                   Southridge Svcs Inc./FA

Current Report   —   Form 8-K

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Axim Biotechnologies, Inc. - Form 8-K SEC Filing    HTML     22K 
 2: EX-10.1     September 15, 2022, License and Distribution        HTML    106K 
                Agreement by and Between Axim Biotechnologies,                   
                Inc. and Versea Ophthalmics, LLC                                 
 3: EX-99.1     Press Release                                       HTML     16K 
 8: R1          Document and Entity Information                     HTML     42K 
11: XML         IDEA XML File -- Filing Summary                      XML     14K 
 9: XML         XBRL Instance -- axim-20210915_htm                   XML     13K 
10: EXCEL       IDEA Workbook of Financial Reports                  XLSX      8K 
 4: EX-101.DEF  XBRL Definitions -- axim-20210915_def                XML     10K 
 5: EX-101.LAB  XBRL Labels -- axim-20210915_lab                     XML     63K 
 6: EX-101.PRE  XBRL Presentations -- axim-20210915_pre              XML     43K 
 7: EX-101.SCH  XBRL Schema -- axim-20210915                         XSD     12K 
12: JSON        XBRL Instance as JSON Data -- MetaLinks               15±    24K 
13: ZIP         XBRL Zipped Folder -- 0001096906-22-002280-xbrl      Zip     76K 


‘8-K’   —   Axim Biotechnologies, Inc. – Form 8-K SEC Filing


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 iX:   C: 
  AXIM BIOTECHNOLOGIES, INC. - Form 8-K SEC filing  
 i 0001514946  i false 0001514946 2021-09-15 2021-09-15

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

_______________________

 

FORM  i 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):  i September 15, 2022

Picture 

 i AXIM BIOTECHNOLOGIES, INC.

(Exact name of registrant as specified in its charter)

 

 i Nevada

 

 i 000-54296

 

 i 27-4092986

(State or other jurisdiction of incorporation)

 

 

(Commission File Number)

 

(I.R.S. Employer Identification No.)

 

 i 6191 Cornerstone Court,  i E., Suite 114

 i San Diego,  i California

 

 i 92121

(Address of principal executive offices)

 

(Zip Code)

 

 i 858- i 923-4422

(Registrant’s telephone number, including area code)

 

(Former name 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:

 

 i   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 i   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 i   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 i   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (Section 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (Section 240.12b-2 of this chapter).

Emerging growth company  i 

 

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 September 19, 2022, AXIM Biotechnologies, Inc. (“AXIM”) issued a press release which announced that AXIM had entered into a five (5) year License and Distribution Agreement (“Agreement”) with Verséa Ophthalmics, LLC (“Verséa”) for the global sale and distribution of its proprietary ocular diagnostic solutions.

 

The Agreement provides Verséa with the exclusive right to commercialize AXIM’s proprietary portfolio of point-of-care lab tests as well as its associated reader and includes three of AXIM’s key biomarker tests: the Ocular Immunoglobulin E (IgE) test, the Lactoferrin test, and the future MMP-9 test. Each test is designed for use at the point of care and is read by AXIM’s associated test reader system. Each test requires the collection of 0.5 microliters in tears and provides quantitative results in under 10 minutes, an industry-leading return time. Verséa plans to launch both the novel IgE and Lactoferrin tests at the 2022 American Academy of Ophthalmology and Optometry conferences. The MMP-9 test is anticipated to follow in the next 18-24 months. The to comply with the terms of the Agreement, Verséa must satisfy specified annual minimum sales commitments and product purchases.

 

Item 7.01 Regulation FD Disclosure

 

The information set forth under this Item 7.01, including Exhibit 99.1, is being furnished and, as a result, such information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of such Section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.

 

Item 9.01 - Financial Statements and Exhibits

 

(d) Exhibits

 

 

Exhibit #

 

Description

 

 

 

10.1

 

September 15, 2022, License and Distribution Agreement by and between AXIM Biotechnologies, Inc. and Verséa Ophthalmics, LLC [Portions have been omitted]

 

 

 

99.1

  

Press Release

 

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.

 

 

AXIM BIOTECHNOLOGIES, INC.

 

 

 

Dated: September 19, 2022

By:

/s/ John Huemoeller, II

 

 

 

Name: John Huemoeller, II

 

 

Chief Executive Officer

 


Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘8-K’ Filing    Date    Other Filings
Filed on:9/19/22None on these Dates
For Period end:9/15/22
 List all Filings 


1 Subsequent Filing that References this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 6/02/23  Axim Biotechnologies, Inc.        S-1                   86:10M                                    Southridge Svcs Inc./FA
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