SING SinglePoint Inc (PK)

Item 5.07. Submission of Matters to a Vote of Security Holders.

On April 6, 2023, certain stockholders (the “Majority Stockholders”) of Singlepoint Inc., Inc. (the “Company”), took action by written consent (“Written Consent”). As of such date, the Majority Stockholders held the voting rights of 2,337,136,226, or approximately 56.7%, of the Company’s issued and outstanding common stock (“Common Stock”) on a fully diluted basis. The Written Consent provided (i) that the Company is authorized to spin off four of its subsidiaries: Box Pure Air, LLC, ShieldSaver, LLC, EnergyWyze LLC and Discount Indoor Garden Supply, Inc., within one year from the date of the Written Consent (the exact form, and record date, of the Spinoff is to be determined by the President or Chief Executive Officer of the Company); and (2) Company is authorized, within one year of the date of the Written Consent, to amend the Amended and Restated Articles of Incorporation of the Company in order to effect a reverse split of the Company’s Common Stock at a ratio of up to 1 for 750, with the exact ratio to be determined by the Chief Executive Officer of the Company. The Class A Preferred Stock, Class B Preferred Stock, Class C Preferred Stock, Class D Preferred Stock and Class E Preferred Stock shall be adjusted pursuant to the terms of the respective Certificates of Designation for each Class of Preferred Stock of the Company. Pursuant to rules adopted by the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended, a Schedule 14C Information Statement (“Information Statement”) will be sent or given to the shareholders of the Company prior to effecting the foregoing actions.