Item 8.01 Other Events.
Cool Technologies, Inc. (the "Company") will be relying on the Securities and
Exchange Commission's Order under Section 36 of the Securities Exchange Act of
1934 Granting Exemptions From Specified Provisions of the Exchange Act and
Certain Rules Thereunder dated March 4, 2020 (Release No. 34-88318) (the
"Order") to delay the filing of its Annual Report on Form 10-K for the year
ended December 31, 2019 (the "Report") due to the circumstances related to
COVID-19. In particular, COVID-19 and the extraordinary measures undertaken to
minimize its spread has caused severe disruptions in transportation, limited
access to facilities resulting in limited support from its staff and
professional advisors and, consequently, interfered with the timely exchange of
information. This has, in turn, delayed the Company's ability to complete its
audit and prepare the Report. Notwithstanding the foregoing, the Company expects
to file the Report no later than May 14, 2020 (which is 45 days from the
Report's original filing deadline of March 30, 2020).
In light of the current COVID-19 pandemic, the Company will be including the
following Risk Factor into its Report:
An occurrence of an uncontrollable event such as the COVID-19 pandemic is likely
to negatively affect our operations.
The occurrence of an uncontrollable event such as the COVID-19 pandemic is
likely to negatively affect our operations. A pandemic typically results in
social distancing, travel bans and quarantine, and this has limited access to
our facilities, customers, management, support staff and professional advisors.
These, in turn, will not only impact our operations, financial condition and
demand for our products but our overall ability to react timely to mitigate the
impact of this event. Also, it may substantially hamper our efforts to provide
our investors with timely information and comply with our filing obligations
with the Securities and Exchange Commission.
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COOL TECHNOLOGIES, INC. 
