UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): April 7, 2020

 

Nano Magic Inc.

(Exact name of registrant as specified in its charter)

 

Delaware   001-11602   47-1598792

(State or other jurisdiction of

incorporation or organization)

  (Commission
File No.)
 

(I.R.S. Employer

Identification No.)

 

750 Denison Court, Bloomfield Hills, MI 48302

(Address of principal executive offices) (Zip Code)

 

(844) 736-6266

(Registrant’s telephone number, including area code)

 

Former name or former address, if changed since last report:

 

Title of each class   Trading Symbol   Name of Each Exchange on Which Registered
Class A Common Stock, $0.0001 par value   NMGX   OTC Markets

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

[  ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
[  ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
[  ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
[  ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

 
 

 

Item 7.01 Regulation FD Disclosure

 

On April 6, 2020, we issued a press release announcing our name change, new trading symbol and product rebranding. A copy of that press release is attached as Exhibit 99.1 and is incorporated by reference.

 

The information contained in the press release attached hereto is being furnished and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the ‘Exchange Act”), or otherwise subject to the liability of that Section and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

 

Item 9.01 Financial Statements and Exhibits

 

(d) Exhibits

 

Exhibit No.   Description
     
99.1   Nano Magic Inc. press release dated April 7, 2020

 

 
 

 

SIGNATURES

 

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.

 

  Nano Magic Inc.
     
Date: April 7, 2020 By: /s/ Tom J. Berman
    President & CEO

 

 
 

 

 

 

Exhibit 99.1

 

A close up of a sign

Description automatically generated

 

Nano Magic Inc., Formerly PEN Inc., Announces New Name, New Trading Symbol, Rebrand, and New Product Line Coming Soon

 

For Immediate Release

 

 

DETROIT, Michigan – April 7, 2020 – Nano Magic Inc. (OTCMKT: NMGX), formerly PEN Inc., announced today its new name, new trading symbol, and rebrand, plus an exciting new product line coming soon.

 

Tom Berman, President and CEO, explained: “We have a rich history of creating nanotechnology powered products that consumers deserve to have. We know people just want the products they’re buying to work and to make their life better — and ours do both. We have chosen this new name because we get it — science can be stuffy — and we want to make science more approachable. Plus, it’s a lot easier to explain that although our products are powered by science, they work like magic.”

 

The company has a deep background in using advancements in nanotechnology to make everyday products perform better. They hold a roster of patents and trademarks for cleaning products and surface protectants powered by nanotechnology. With their rebrand, they are focusing on direct-to- consumer sales and distribution into big box-retail, as well as continuing to provide industrial nano- coating applications.

 

The company is preparing for the launch of their new Nano Magic-branded product line that will include lens care, electronic device screen cleaning and protection, sport and safety anti-fog solutions, auto windshield cleaning and protection, as well as household surface cleaning and protectant solutions. In fact, Berman was excited to share that they are eager to join the Covid-19 fight. Berman said: “we have accelerated the development and commercialization efforts of our household cleaning and protectant solutions in order to help create a cleaner and safer world”.

 

Nano Magic expects its full product lineup to roll out within the next few months. For more information and to be notified of the product launch, visit www.nanomagic.com or call (800) 883-6266.

 

About Nano Magic Inc.

 

Nano Magic Inc. (OTCMKT: NMGX) is a leader in creating and bringing to market cutting-edge nanotechnology powered applications made in the U.S.A. with special expertise in liquid products to apply to surfaces such as glass, porcelain, and ceramic. Consumer products include lens care, electronic device hygiene and protection, anti-fog solutions (sport and safety), as well as household and auto cleaning and protection. Other applications include touch screens, glass displays and screens, windshields, solar panels, glass countertops and display cases, china, tableware, toilets, sinks, shower doors and more. Nano Magic’s Innovation and Technology Center in Austin, TX engages in contract research and development work for government and private customers and it also develops and sells printable inks and pastes, and graphene foils. Nano Magic focuses on innovative and advanced product solutions harnessing the magic power of nanotechnology to create a safer, more socially conscious, and higher performing world.

 

Safe Harbor Statement

 

This press release contains forward-looking statements that involve risks and uncertainties concerning our business, products, and financial results.  Actual results may differ materially from the results predicted.  More information about our business, products, and financial results are included in our annual report on Form 10-K for the fiscal year ended December 31, 2018, and in reports subsequently filed by us with the Securities and Exchange Commission (“SEC”).

 

All documents are available through the SEC’s Electronic Data Gathering Analysis and Retrieval System (EDGAR) at www.sec.gov or from our website listed above. We hereby disclaim any obligation to publicly update the information provided above, including forward-looking statements, to reflect subsequent events or circumstances.

 

Contact Information

Jeanne.Rickert@nanomagic.com

(844) 273-6462