UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form
CURRENT REPORT
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ITEM 8.01 OTHER EVENTS
On December 30, 2021, Givemepower Corporation, a Nevada corporation (the “Company”), entered into an Sale Agreement (the “Sale Agreement”), by and among the Company, Video River Networks, Inc., a Nevada corporation (“Purchaser”), pursuant to which, subject to the terms and conditions of the Sale Agreement, Alpharidge Capital, LLC, a wholly owned subsidiary of Givemepower Corporation will merge with and into Video River Networks, Inc. (the “Merger”), with Alpharidge Capital, LLC. surviving such Merger as a wholly owned subsidiary of Video River Networks, Inc.
The resulting effect of this transaction is that all assets and liabilities associated with Alpharidge Capital, LLC. will henceforth report under Video River Networks, Inc. All assets and liabilities related to Alpharidge Capital, LLC. that used to be consolidated into Givemepower Corporation financial statements will henceforth be reported into Video River Networks, Inc.’s financial statements.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| GiveMePower Corporation | |||
| Dated: | January 21, 2022 | By: | /s/ Frank I Igwealor |
| Frank I Igwealor, CPA, JD, CMA, MBA, CFM, MRSM, ESQ. | |||
| President and CEO (Principal Executive Officer, Principal Financial Officer, Principal Accounting Officer, Treasurer and Secretary) | |||