ITEM 8.01 OTHER EVENTS.

On March 12, 2022, the Company's Board of Directors elected to form a new subsidiary, Tersus Power, Inc. as per the terms of the Share Exchange Agreement entered into with Tersus Power, Inc. and the Tersus Shareholders with the sole purpose of entering into an Agreement and Plan of Merger to effect a name change. The Articles of Incorporation were filed with the Secretary of State of the State of Delaware on March 15, 2022.

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