Item 8.01 Other Events.

On May 14, 2020, Cool Technologies filed an 8-K to extend the filing deadline for its Quarterly Report on Form 10-Q for the quarter ended March 31, 2020 (the "Report").

At the time the Company noted that "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 interfered with the timely exchange of information. Consequently, the delay in completing the Company's Annual Report has, in turn, delayed the Company's ability to complete its review and prepare the Quarterly Report."

Since then, those challenges have been magnified, particularly as the Company has its operations in two of top three states with the greatest number of reported cases of COVID 19 in the US (https://www.cdc.gov/coronavirus/2019-ncov/cases-updates/cases-in-us.html) and all of its officers and staff members are 59 years of age or older.

As a smaller reporting company with two full time employees, a consultant and two part-time support staff, the loss of a single person has significant impact. During the final preparation of the Quarterly Report, the Company lost the specialized skills and services of its bookkeeper and its independent accountant and, thereby, suffered a delay in delivering the final financial statements to its auditors for review. Consequently, the auditors need additional time to complete the review procedures required to furnish an opinion.

Therefore, in the interest of providing accurate information for the protection of investors, the Company will file the Report no later than July 15, 2020 (which is 61 days from the Report's original filing deadline of May 15, 2020).

In light of the impact of the current COVID-19 pandemic, the Company will be including the following disclosure with regard to the effect of the coronavirus in the Management's Discussion and Analysis of Financial Condition Section into its Report:

The occurrence of an uncontrollable event such as the COVID19 pandemic has negatively affected our operations. A pandemic typically results in social distancing, travel bans and quarantine. This has limited access to our facilities, customers, management, support staff and professional advisors. These, in turn, have impacted our operations and financial condition. It may also impact demand for our products and may continue to 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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