Item 3.02 Unregistered Sales of Equity Securities.

As previously reported the BioSolar Inc. ("Company ") entered into securities purchase agreements pursuant to which it issued convertible notes to various accredited investors, which notes are convertible into shares of the Company's common stock on the terms and subject to the conditions set forth in the various securities purchase agreements and associated notes. From December 8, 2020 through the date of this report, certain accredited investors converted an aggregate of approximately $44,443.71 in principal and interest resulting in the issuance of an aggregate of 30,848,370 shares of common stock.

The securities above were offered and sold pursuant to an exemption from the registration requirements under Section 4(a)(2) of the Securities Act of 1933, as amended, since, among other things, the transactions did not involve a public offering of the securities.





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