SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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28050 US Hwy 19 N, Suite 310, Clearwater, FL 33761
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Item 7.01. Regulation FD Disclosure.
On January 12, 2023, Cleartronic, Inc. (the “Company”) issued a press release announcing that its Board of Directors approved a stock repurchase program pursuant to which the Company may repurchase shares of its outstanding common stock based on market conditions and other factors and in accordance with all applicable securities laws and regulations, including Rule 10b-18 promulgated under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). The extent to which the Company repurchases its shares, and the timing of such repurchases, will depend upon a variety of factors, including market conditions, regulatory requirements and other corporate considerations, as determined by the Company’s management. The repurchase program may be extended, suspended, or discontinued at any time. The Company expects to finance the program from existing cash resources.
The press release is furnished herewith as Exhibit 99.1 and is incorporated by reference herein. The information contained in the press release is being furnished and shall not be deemed filed for purposes of Section 18 of 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 8.01. Other Events.
On January 6, 2023, the Company’s Board of Directors approved a stock repurchase program. The information set forth under Item 7.01 above regarding the stock repurchase program is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits
Press release issued by the registrant on January 12, 2023.
Cover Page Interactive Data File (embedded within the Inline XBRL document).
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 thereunto duly authorized.
Date: January 12, 2023
/s/ Michael M. Moore
Michael M. Moore
Chief Executive Officer