---
schema_version: "secwatch.filing_event.v1"
accession: "0001903596-24-000103"
form_type: "8-K"
ticker: null
cik: "0000945617"
company_name: "American Cannabis Company, Inc."
filed_at: "2024-03-01T23:59:59+00:00"
generated_at: "2026-06-05T06:01:21.621384+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# American Cannabis Company terminates merger with HyperScale Nexus; receives $5,000 settlement

## Summary
- On March 1, 2024, AMMJ and HyperScale Nexus mutually terminated their Agreement and Plan of Merger dated Sept 5, 2023.
- HyperScale will pay AMMJ $5,000 within five business days; both parties release all claims and agree to non-disparagement.
- No termination penalties incurred; company expects no material impact on operations or finances.
- Parties concluded terms could not be met within a reasonable timeframe, no legal proceedings expected.

## SEC filing metadata
- accession: 0001903596-24-000103
- form_type: 8-K
- cik: 0000945617
- company_name: American Cannabis Company, Inc.
- filed_at: 2024-03-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/945617/000190359624000103/0001903596-24-000103-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/945617/000190359624000103/ammj_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001903596-24-000103
- JSON: https://secwatch.observer/filing/0001903596-24-000103.json
- Plain text: https://secwatch.observer/filing/0001903596-24-000103.txt

## Key facts
- Material Agreements
  American Cannabis Company, Inc. terminated Agreement and Plan of Merger with HyperScale Nexus Holding Corporation (effective 2024-03-01).
  - Action: termination
  - Agreement: merger
  - Counterparty: HyperScale Nexus Holding Corporation
  - Effective: 2024-03-01
  source text: On March 1, 2024, pursuant to Section 8.1(a) of the Agreement and Plan of Merger ("Agreement") and Section 12.1(a) of the Separation and Distribution Agreement with HyperScale Nexus Holding Corporation, previously disclosed on Form 8-K, and Form 14C, the parties mutually agreed to completely terminate the respective transactions.
  evidence_url: https://www.sec.gov/Archives/edgar/data/945617/000190359624000103/0001903596-24-000103-index.htm

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