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INVO BioScience Inc.

12/02/2021 | Press release | Distributed by Public on 12/02/2021 16:10

Material Definitive Agreement - Form 8-K

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): November 29, 2021

INVO BIOSCIENCE, INC.

(Exact name of registrant as specified in charter)

Nevada 001-39701 20-4036208

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

5582 Broadcast Court

Sarasota, Florida

34240
(Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code: (978)878-9505

(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):

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))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading symbol(s) Name of each exchange on which registered
Common Stock, $0.0001 par value per share INVO The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1934 (§240.12b-2 of this chapter)

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 1.01 Entry into Material Definitive Agreement

On November 29, 2021, we entered into an INVOcell Supply Agreement (the "Agreement") with FIV Marbella SL, a Spanish limited company ("OVO Clinic") and OVAVIT SL, a Spanish limited company ("OVO Bank", together with OVO Clinic, "OVO") under which OVO Clinic will order products (INVOcell devices) and we will sell products to OVO Clinic pursuant to the terms and conditions set forth in the Agreement. We granted OVO Clinic the exclusive right to acquire products and perform IVC Procedures in the OVO Regions (as defined in the Agreement) and we retained the right to sell products in the INVO Regions (as defined in the Agreement).

The foregoing summary of the Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Agreement, a copy of which is filed as Exhibit 10.1 hereto and incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits.

Exhibit No. Description
10.1 INVOcell Supply Agreement*
104 Cover Page Interactive Data File (formatted as Inline XBRL)

* Certain confidential portions of this exhibit have been redacted from the publicly filed document because such portions are (i) not material and (ii) would be competitively harmful if publicly disclosed.

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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 thereunto duly authorized.

INVO BIOSCIENCE, INC.
By: /s/ Steven Shum
Name: Steven Shum
Title: Chief Executive Officer
Dated: December 2, 2021
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