PHI Group Inc (PHIL)

[Sheddoggie]

Educate yourself on 8-K's...

https://assets.contentstack.io/v3/assets/blt5775cc69c999c255/blt10e8972bfb5b32d8/faq-form-8-k.pdf

"What is Form 8-K?
Form 8-K is the form on which public companies report,
on a current basis, the occurrence of significant
corporate events. A reportable event is a transaction or
occurrence of major significance. Spending $60M is probably an "occurrence of major significance."

But your right there is no 8-K required if:
item 1.02 Termination of a Material Definitive
Agreement.
- No Form 8-K needs to be filed if the agreement, even if material, is terminated by
its terms.

So...if the deal falls through, we won't see an 8-K.