---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-22-008440"
form_type: "8-K"
ticker: "DPLS"
cik: "0000866439"
company_name: "DarkPulse, Inc."
filed_at: "2022-12-15T23:59:59+00:00"
generated_at: "2026-06-21T04:27:34.422745+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# DarkPulse agrees to merge with Global System Dynamics, list on NASDAQ as DARK

## Summary
- Initial pro forma equity value ~$223M; enterprise value ~$145M, assuming no GSD redemptions.
- GSD has ~$108.8M cash in trust as of Dec 14, 2022.
- All existing DarkPulse shareholders retain 100% equity in combined company.
- Expected close Q1/Q2 2023; combined company to trade as DARK on NASDAQ.
- Three new directors added: O'Leary, Catalino, Pappas; O'Leary continues as CEO.

## SEC filing metadata
- accession: 0001683168-22-008440
- form_type: 8-K
- ticker: DPLS
- cik: 0000866439
- company_name: DarkPulse, Inc.
- filed_at: 2022-12-15T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/866439/000168316822008440/0001683168-22-008440-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/866439/000168316822008440/darkpulse_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-22-008440
- JSON: https://secwatch.observer/filing/0001683168-22-008440.json
- Plain text: https://secwatch.observer/filing/0001683168-22-008440.txt

## Key facts
- Material Agreements
  DarkPulse, Inc. entered into Business Combination Agreement with Global System Dynamics, Inc. and Zilla Acquisition Corp. (effective 2022-12-14).
  - Action: entry
  - Agreement: merger
  - Counterparty: Global System Dynamics, Inc. and Zilla Acquisition Corp.
  - Effective: 2022-12-14
  source text: On December 14, 2022, DarkPulse, Inc., a Delaware corporation (the “ Company ”), entered into a Business Combination Agreement (as it may be amended, supplemented or otherwise modified from time to time, the “ BCA ”), by, between, and among the Company, Global System Dynamics, Inc., a Delaware corporation (“ GSD ”), and Zilla Acquisition Corp., a Delaware corporation and a wholly owned subsidiary of GSD (the “ Merger Sub ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/866439/000168316822008440/0001683168-22-008440-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.