RBOS gees, how did I miss this 8k ?
On August 29, 2018, Results-Based Outsourcing Inc. (the “Registrant” or the “Company”) entered into and consummated an Agreement and Plan of Merger and Reorganization (the “Merger Agreement”), with Driven Acquisition Corp., a Nevada corporation and wholly-owned subsidiary of the Registrant (“Acquisition”) and Driven Deliveries, Inc., a Nevada corporation (“Driven”). Pursuant to the terms of the Merger Agreement, Acquisition merged with and into Driven in a statutory reverse triangular merger (the “Merger”) with Driven surviving as a wholly-owned subsidiary of the Registrant. As consideration for the Merger, we issued the shareholders of Driven an aggregate of 30,000,000 post-split shares of our Common Stock to be issued to the Driven holders in accordance with their pro rata ownership of Driven stock. Following the Merger, the Registrant adopted the business plan of Driven as a delivery company focused on deliveries for consumers of legal cannabis products.
On September 6, 2018, the Company amended its Certificate of Incorporation (the “Amendment”) to (i) change its name to Driven Deliveries, Inc., (ii) increase the number of its authorized shares to 215,000,000, comprised of 200,000,000 shares of common stock, par value $0.0001 per share (the “Common Stock”) and 15,000,000 shares of “blank check” preferred stock, par value $0.0001 per share (the “Preferred Stock”) and (iii) to effect a forward split such that 12.35 shares of Common Stock were issued for every one (1) share of Common Stock issued and outstanding immediately prior to the Amendment (the “Split”).
