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): July 23, 2018
Drone USA, Inc.
(Exact name of registrant as specified in
its charter)
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Delaware
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000-55789
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30-0967943
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(state or other jurisdiction
of incorporation)
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(Commission File Number)
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(IRS Employer
Identification Number)
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16 Hamilton Street, West Haven, CT 06516
(address of principal executive offices) (zip
code)
___________
(203) 220-2296
________________
(registrant’s telephone number, including
area code)
_________________________________________________
(former name or former address, if changed
since last report)
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 (see General Instruction A.2. below):
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☐
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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☐
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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☐
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Emerging growth company ☒
If an emerging growth company, indicate by check mark if the
registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards
provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Matters
On
July 23, 2018, the registrant issued a press release disclosing that the Commonwealth of Kentucky awarded the registrant a one-year
master agreement to supply drones, unmanned aircraft systems and accessories to Kentucky state agencies. The contract may be extended
at the completion of the initial contract period for four additional one-year periods. The foregoing is a summary of the terms
of the press release and is qualified in its entirety by the press release attached hereto and incorporated herein as Exhibit
99.1.
Item 9.01 Financial Statements and Exhibits.
(
d) Exhibits: The following exhibits are filed with
this report:
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.
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Date: July 26, 2018
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Drone USA, Inc.
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By:
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/s/
Michael Bannon
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Name: Michael Bannon
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Title: President and CEO
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Exhibit 99.1
The Commonwealth of Kentucky Awards Drone
USA a One-Year Master Agreement to Supply All Kentucky State Agencies with Drones, Unmanned Aircraft Systems and Accessories
WEST HAVEN, CT – Accesswire –
July 23, 2018 - Drone USA, Inc. (OTCQB:
DRUS
) (“Drone USA” or the “Company”)
, a service provider
and reseller of drones and distributor of products to the U.S. Government, today announced that the Commonwealth of Kentucky awarded
Drone USA a one-year master agreement to supply drones, unmanned aircraft systems and accessories to Kentucky state agencies.
The contract may be extended at the completion of the initial contract period for four additional one-year periods.
Michael Bannon, Drone USA’s Chief
Executive Officer, commented, “we are extremely excited to be part of Kentucky’s statewide drone program. There are
so many uses for drones. Drones help reduce costs, making work more efficient and safer while providing security, protecting the
environment, mapping, conducting inspections and much more.”
About Drone USA, Inc.
Drone USA, Inc. (OTCQB:
DRUS
),
headquartered in West Haven, CT, is a service provider, manufacturer and reseller of drones and distributor of products to the
U.S. Government. Its competitive advantage stems from offering superior service, high quality products and establishing and maintaining
life-long customer friendships. Its primary markets are U.S. police, firemen, U.S. industry and the U.S. Government.
Forward-Looking Statements
Certain statements in this press release
may be considered “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of
1995. These forward-looking statements may include projections of matters that affect revenue, operating expenses or net earnings;
projections of growth; and assumptions relating to the foregoing. Such forward-looking statements are generally qualified by terms
such as: “plans, “anticipates,” “expects,” “believes” or similar words. Forward-looking
statements are inherently subject to risks and uncertainties, some of which cannot be predicted or qualified. Future events and
actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking information.
These factors are discussed in greater detail in our Form 10 filed with the U.S. Securities and Exchange Commission.
Contacts:
Michael Bannon
Chief Executive Officer
mike@droneusainc.com
Hayden IR
Investor Relations
(917) 658-7878
hart@haydenir.com
16 Hamilton Street, West Haven CT 06516