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<DIV style=margin-left:72pt;width:472.5pt><P style='font:5pt Times New Roman;margin:0'><A name=FIS_FORM /><FONT style=font-size:5pt>&#160;</FONT></P>
<P style='font:5pt Times New Roman;margin-top:2pt;margin-bottom:0pt'><FONT style=font-size:5pt>&#160;</FONT><A name=FIS_UNIDENTIFIED_TABLE /></P>
<P align=center style='font:14pt Times New Roman;margin-top:12pt;margin-bottom:0pt'><FONT style=font-size:14pt><B>UNITED STATES</B></FONT><BR><FONT style=font-size:14pt><B>SECURITIES AND EXCHANGE COMMISSION</B></FONT></P>
<P align=center style='font:10pt Times New Roman;margin:0'><FONT style=font-size:10pt><B>Washington, D.C. 20549</B></FONT></P>
<P align=center style='font:18pt Times New Roman;margin-top:12pt;margin-bottom:0pt'><FONT style=font-size:18pt><B>FORM 8-K</B></FONT></P>
<P align=center style='font:10pt Times New Roman;margin-top:12pt;margin-bottom:0pt'><FONT style=font-size:10pt><B>CURRENT REPORT</B></FONT><BR><FONT style=font-size:10pt><B>Pursuant to Section&#160;13 or 15(d) of the</B></FONT><BR><FONT style=font-size:10pt><B>Securities Exchange Act Of 1934</B></FONT></P>
<P align=center style='font:10pt Times New Roman;margin-top:12pt;margin-bottom:0pt'><B>Date of Report (Date of earliest event reported): December 9, 2019</B></P>
<P align=center style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
<P align=center style='font:22pt Times New Roman;margin:0'><B>NEWBRIDGE GLOBAL VENTURES, INC.</B></P>
<P align=center style='font:10pt Times New Roman;margin:0'>(Exact Name of Registrant as Specified in Charter)</P>
<P align=center style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<TABLE align=center style=border-collapse:collapse;width:424.65pt><TR><TD valign=bottom style=width:139.5pt><P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'><FONT style=font-size:10pt>&#160;</FONT></P>
</TD><TD valign=bottom style=width:1pt><P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'><FONT style=font-size:10pt>&#160;</FONT></P>
</TD><TD valign=bottom style=width:172.3pt><P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'><FONT style=font-size:10pt>&#160;</FONT></P>
</TD><TD valign=bottom style=width:29.55pt><P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'><FONT style=font-size:10pt>&#160;</FONT></P>
</TD><TD valign=bottom style=width:82.3pt><P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'><FONT style=font-size:10pt>&#160;</FONT></P>
</TD></TR>
<TR><TD valign=top style=width:139.5pt><P align=center style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'><FONT style=font-size:10pt><B>Delaware</B></FONT></P>
</TD><TD valign=bottom style=width:1pt><P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'><FONT style=font-size:10pt>&#160;</FONT></P>
</TD><TD valign=top style=width:172.3pt><P align=center style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'><FONT style=font-size:10pt><B>0-11730</B></FONT></P>
</TD><TD valign=bottom style=width:29.55pt><P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'><FONT style=font-size:10pt>&#160;</FONT></P>
</TD><TD valign=top style=width:82.3pt><P align=center style='font:9.5pt Times New Roman;margin:0;margin-right:0.8pt'><FONT style=font-size:9.5pt><B>84-1089377</B></FONT></P>
</TD></TR>
<TR><TD valign=top style=width:139.5pt><P align=center style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'><FONT style=font-size:10pt>(State or Other Jurisdiction</FONT><BR><FONT style=font-size:10pt>of Incorporation)</FONT></P>
</TD><TD valign=bottom style=width:1pt><P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'><FONT style=font-size:10pt>&#160;</FONT></P>
</TD><TD valign=top style=width:172.3pt><P align=center style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'><FONT style=font-size:10pt>(Commission</FONT><BR><FONT style=font-size:10pt>File Number)</FONT></P>
</TD><TD valign=bottom style=width:29.55pt><P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'><FONT style=font-size:10pt>&#160;</FONT></P>
</TD><TD valign=top style=width:82.3pt><P align=center style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'><FONT style=font-size:10pt>(IRS Employer</FONT><BR><FONT style=font-size:10pt>Identification No.)</FONT></P>
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<P align=center style='font:11pt Times New Roman;margin:0'>&nbsp;</P>
<P align=center style='font:11pt Times New Roman;margin:0'>&nbsp;</P>
<P align=center style='font:11pt Times New Roman;margin:0'><B>626 East 1820 North</B></P>
<P align=center style='font:11pt Times New Roman;margin:0'><B>Orem, UT 84097</B></P>
<P align=center style='font:10pt Times New Roman;margin:0'><FONT style=font-size:10pt>(Address of Principal Executive Offices)</FONT></P>
<P align=center style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
<P align=center style='font:10pt Times New Roman;margin:0'><FONT style=font-size:10pt><B>801-362-2115</B></FONT></P>
<P align=center style='font:10pt Times New Roman;margin:0'><FONT style=font-size:10pt>(Registrant&#8217;s Telephone Number, Including Area Code)</FONT></P>
<P align=center style='font:5pt Times New Roman;margin-top:16.75pt;margin-bottom:0pt;margin-left:213pt;margin-right:213pt'><FONT style=font-size:5pt>&#160;</FONT></P>
<P style='font:10pt Times New Roman;margin-top:6pt;margin-bottom:0pt'><FONT style=font-size:10pt>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 (<I>see</I> General Instruction A.2. below):</FONT></P>
<P style='font:12pt Times New Roman;line-height:6pt;margin:0'>&nbsp;</P>
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</TD><TD valign=top style=width:559.7pt><P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'><FONT style=font-size:10pt>Written communications pursuant to Rule&#160;425 under the Securities Act (17 CFR 230.425)</FONT></P>
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</TD><TD valign=top style=width:559.7pt><P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'><FONT style=font-size:10pt>Soliciting material pursuant to Rule&#160;14a-12 under the Exchange Act (17 CFR 240.14a-12)</FONT></P>
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</TD><TD valign=top style=width:559.7pt><P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'><FONT style=font-size:10pt>Pre-commencement communications pursuant to Rule&#160;14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</FONT></P>
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<TR><TD valign=middle style=width:9.6pt><P style='font:6pt Times New Roman;margin:0;margin-right:0.8pt'><FONT style=font-size:6pt>&#160;</FONT></P>
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<TR><TD valign=top style=width:9.6pt><P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'><FONT style='font:10pt Wingdings'>&#111;</FONT></P>
</TD><TD valign=top style=width:6.7pt><P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'><FONT style=font-size:10pt>&#160;</FONT></P>
</TD><TD valign=top style=width:559.7pt><P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'><FONT style=font-size:10pt>Pre-commencement communications pursuant to Rule&#160;13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</FONT></P>
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<P style='font:5pt Times New Roman;margin-top:10pt;margin-bottom:0pt'><FONT style=font-size:5pt>&#160;</FONT></P>
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<P style='font:8pt Times New Roman;margin:0'><A name=eolPage2 /><FONT style=font-size:8pt><B>&#160;</B></FONT></P>
<P style='font:10pt Times New Roman;margin:0'><A name=FIS_SECTION_5_CORPORATE_GOVERNANCE /><A name=FIS_CHANGE_IN_DIRECTORS_OR_PRINCIPAL_OFF /><B>Item 2.01 Completion of Acquisition or Disposition of Assets.</B></P>
<P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0'><A name=_Hlk519601367 /><B>Disposition of Cannabis Related Entities.</B></P>
<P align=justify style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0;text-indent:36pt'>On December 9, 2019 and December 10, 2019, New Bridge Global Ventures, Inc. (the &#8220;Company&#8221;) entered into purchase agreements (the &#8220;Purchase Agreements&#8221; and the &#8220;Closing&#8221;) with Sam Mac; Chief Operating Officer and Director, for the sale of its interests in its subsidiary entities associated with marijuana operations of the Company. &nbsp;These entities consisted of 5Leaf, LLC, a California limited liability company (&#8220;5Leaf&#8221;), Mad Creek Farm LLC, a California limited liability company (&quot;Farm&quot;), Mad Creek, LLC, a California limited liability company (&#8220;Mad Creek&#8221;), 725 East 11th Street, LLC, a California limited liability company (&#8220;11th Street&#8221;), Roots of Caly, LLC, a California limited liability company &nbsp;(&#8220;Roots&#8221;), The Bay Clonery LLC, a California limited liability company (&#8220;Clonery&#8221;), Green Thumb Distributors, Inc., a California corporation (&#8220;Green Thumb,&#8221; and together with 5Leaf, Farm, Mad Creek, 11th Street, Roots and Clonery the &#8220;Sold Entities&#8221;) together with certain assets associated with such entities, including leasehold improvements, equipment, licenses and intellectual property and notes. &nbsp;The purchase price paid by the buyer was $4,225,956, payable in the form of an assumption of liabilities in the amount of $3,026,504, a secured promissory note in the amount of $634,134 (&#8220;Note&#8221;) and the forgiveness of amounts owed by the Company to the buyer in the amount of $575,318. &nbsp;&nbsp;As a result of the sale of these entities and assets, Sam Mac will step down his position as Chief Operating Officer of the Company and the Company will no longer have any operations in the marijuana industry.</P>
<P align=justify style='font:10pt Times New Roman;margin:0;text-indent:36pt'>&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0;text-indent:36pt'>A form of the Purchase Agreements and a form of the Notes are filed as Exhibits 10.1 through 10.4 to this Current Report on Form 8-K. &nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0'> &nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0;color:#000000'><B>Item 8.01 Other Events.</B></P>
<P align=justify style='font:10pt Times New Roman;margin:0;color:#000000'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;text-indent:36pt;color:#000000'>On December 16, 2019, the Company issued a press release disclosing the disposition described above. A copy of that press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.</P>
<P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
<TABLE align=center style=border-collapse:collapse;width:576pt><TR><TD valign=top style=width:57.3pt><P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'><FONT style=font-size:10pt><B>Item&#160;9.01</B></FONT></P>
</TD><TD valign=top style=width:6.7pt><P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'><FONT style=font-size:10pt>&#160;</FONT></P>
</TD><TD valign=top style=width:512pt><P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'><B>Financial Statements and Exhibits.</B></P>
<P style='font:12pt Times New Roman;margin:0;margin-right:0.8pt'>&nbsp;</P>
</TD></TR>
</TABLE>
<P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;text-indent:36pt'><FONT style='font-size:10pt;border-bottom:1px solid #000000'>Exhibits</FONT><FONT style=font-size:10pt>. The following exhibits are being filed herewith:</FONT></P>
<P style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<TABLE align=center style=border-collapse:collapse;width:400.5pt;margin-left:72pt><TR><TD valign=top style=width:35.3pt><P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'><FONT style='border-bottom:1px solid #000000'>&#160;Exhibit Number</FONT></P>
<P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>&nbsp;</P>
<P align=center style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>10.1</P>
<P align=center style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>10.2</P>
<P align=center style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>10.3</P>
<P align=center style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>10.4</P>
<P align=center style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>99.1</P>
<P align=center style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>&nbsp;</P>
<P align=center style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>&nbsp;</P>
<P align=center style='font:12pt Times New Roman;margin:0;margin-right:0.8pt'>&nbsp;</P>
</TD><TD valign=top style=width:23.55pt><P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>&nbsp;</P>
<P style='font:12pt Times New Roman;margin:0;margin-right:0.8pt'>&nbsp;</P>
<P style='font:12pt Times New Roman;margin:0;margin-right:0.8pt'>&nbsp;</P>
</TD><TD valign=top style=width:6.7pt><P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'><FONT style=font-size:10pt>&#160;</FONT></P>
</TD><TD valign=top style=width:334.95pt><P align=center style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'><FONT style='border-bottom:1px solid #000000'>Description of Exhibits</FONT></P>
<P align=center style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'><A href=nbgv_ex10z1.htm style=text-decoration:none>Membership Interest Purchase Agreement</A></P>
<P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'><A href=nbgv_ex10z2.htm style=text-decoration:none>Form of Promissory Note</A> </P>
<P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'><A href=nbgv_ex10z3.htm style=text-decoration:none>Share and Interest Purchase Agreement</A></P>
<P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'><A href=nbgv_ex10z4.htm style=text-decoration:none>Form of Secured Promissory Note</A></P>
<P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'> <A href=nbgv_ex99z1.htm style=text-decoration:none>Press Release dated December 16, 2019</A></P>
<P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>&nbsp;</P>
<P style='font:12pt Times New Roman;margin:0;margin-right:0.8pt'>&nbsp;</P>
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<P align=center style='font:10pt Times New Roman;margin-top:18pt;margin-bottom:0pt'><A name=FIS_SIGNATURES /><B>SIGNATURES</B></P>
<P style='font:10pt Times New Roman;margin-top:6pt;margin-bottom:0pt'>&#160;&#160;&#160;&#160;&#160;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, hereunto duly authorized, on the 16<SUP>th</SUP> day of December 2019.</P>
<TABLE align=center style=border-collapse:collapse;width:478pt><TR><TD valign=middle style=width:241.8pt><P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>&#160;</P>
</TD><TD valign=middle style=width:29.15pt><P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>&#160;</P>
</TD><TD valign=middle style=width:46.05pt><P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>&#160;</P>
</TD><TD valign=middle style=width:160pt><P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>&#160;</P>
</TD><TD valign=middle style=width:1pt><P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>&#160;</P>
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<TR><TD valign=top style=width:241.8pt><P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>&#160;</P>
</TD><TD colspan=3 valign=middle style=width:235.2pt><P style='font:10pt Times New Roman;margin:0;margin-right:2.8pt'>NEWBRIDGE GLOBAL VENTURES, INC.<BR></P>
<P style='font:10pt Times New Roman;margin:0;margin-right:2.8pt'>&nbsp;</P>
</TD><TD valign=middle style=width:1pt><P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>&#160;</P>
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<TR><TD valign=middle style=width:241.8pt><P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>&#160;</P>
</TD><TD valign=top style=width:29.15pt><P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>By:&#160;&#160;</P>
</TD><TD colspan=2 valign=middle style='width:206.05pt;border-bottom:0.75pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-right:1.8pt'>/s/ Chris Bourdon</P>
</TD><TD valign=middle style=width:1pt><P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>&#160;</P>
</TD></TR>
<TR><TD valign=middle style=width:241.8pt><P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>&nbsp;</P>
</TD><TD valign=top style=width:29.15pt><P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>&nbsp;</P>
</TD><TD colspan=2 valign=middle style='width:206.05pt;border-bottom:0.75pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-right:1.8pt'>Name: Chris Bourdon</P>
</TD><TD valign=middle style=width:1pt><P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>&nbsp;</P>
</TD></TR>
<TR><TD valign=middle style=width:241.8pt><P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>&nbsp;</P>
</TD><TD valign=top style=width:29.15pt><P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>&nbsp;</P>
</TD><TD colspan=2 valign=middle style='width:206.05pt;border-bottom:0.75pt solid #000000'><P style='font:10pt Times New Roman;margin:0;margin-right:1.8pt'>Title: CEO</P>
</TD><TD valign=middle style=width:1pt><P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>&nbsp;</P>
</TD></TR>
<TR><TD valign=middle style=width:241.8pt><P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>&nbsp;</P>
</TD><TD valign=middle style=width:29.15pt><P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>&nbsp;</P>
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</TD><TD valign=middle style=width:160pt><P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>&nbsp;</P>
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<P align=center style='font:10pt Times New Roman;margin-top:11.25pt;margin-bottom:0pt'> &#160;&nbsp;</P>
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<P align=center style='font:10pt Times New Roman;margin-top:18pt;margin-bottom:0pt'><A name=FIS_UNIDENTIFIED_TABLE_2 /><B>Exhibit&#160;Index to Current Report on Form&#160;8-K</B></P>
<P align=center style='font:10pt Times New Roman;margin-top:18pt;margin-bottom:0pt'>&nbsp;</P>
<TABLE align=center style=border-collapse:collapse;width:463.5pt><TR><TD valign=top style=width:35.3pt><P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'><FONT style='border-bottom:1px solid #000000'>&#160;Exhibit Number</FONT></P>
<P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>&nbsp;</P>
<P align=center style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>10.1</P>
<P align=center style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>10.2</P>
<P align=center style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>10.3</P>
<P align=center style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>10.4</P>
<P align=center style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>99.1</P>
<P align=center style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>&nbsp;</P>
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<P style='font:12pt Times New Roman;margin:0;margin-right:0.8pt'>&nbsp;</P>
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</TD><TD valign=top style=width:397.95pt><P align=center style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'><FONT style='border-bottom:1px solid #000000'>Description of Exhibits</FONT></P>
<P align=center style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>Membership Interest Purchase Agreement</P>
<P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>Form of Promissory Note </P>
<P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>Share and Interest Purchase Agreement</P>
<P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>Form of Secured Promissory Note</P>
<P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'> Press Release dated December 16, 2019</P>
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<TR><TD valign=top style=width:35.3pt><P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>&nbsp;</P>
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</TD><TD valign=top style=width:6.7pt><P style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>&nbsp;</P>
</TD><TD valign=top style=width:397.95pt><P align=center style='font:10pt Times New Roman;margin:0;margin-right:0.8pt'>&nbsp;</P>
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{"company-data": {"conformed-name": "NewBridge Global Ventures, Inc.", "cik": "0000726293", "assigned-sic": "0100", "irs-number": "841089377", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-11730", "film-number": "191287648"}, "business-address": {"street1": "2545 SANTA CLARA AVENUE", "city": "ALAMEDA", "state": "CA", "zip": "94501", "phone": "801-362-2115"}, "mail-address": {"street1": "2545 SANTA CLARA AVENUE", "city": "ALAMEDA", "state": "CA", "zip": "94501"}, "former-company": [{"former-conformed-name": "NABUfit Global, Inc.", "date-changed": "20160304"}, {"former-conformed-name": "CRYPTOSIGN, INC.", "date-changed": "20150930"}, {"former-conformed-name": "STRATEGABIZ, INC.", "date-changed": "20150210"}]}
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): December 9, 2019
NEWBRIDGE GLOBAL VENTURES, INC.
(Exact Name of Registrant as Specified in Charter)
Delaware
0-11730
84-1089377
(State or Other Jurisdiction
of Incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
626 East 1820 North
Orem, UT 84097
(Address of Principal Executive Offices)
801-362-2115
(Registrant's Telephone Number, Including Area Code)
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):
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 2.01 Completion of Acquisition or Disposition of Assets.
Disposition of Cannabis Related Entities.
On December 9, 2019 and December 10, 2019, New Bridge Global Ventures, Inc. (the "Company") entered into purchase agreements (the "Purchase Agreements" and the "Closing") with Sam Mac; Chief Operating Officer and Director, for the sale of its interests in its subsidiary entities associated with marijuana operations of the Company.  These entities consisted of 5Leaf, LLC, a California limited liability company ("5Leaf"), Mad Creek Farm LLC, a California limited liability company ("Farm"), Mad Creek, LLC, a California limited liability company ("Mad Creek"), 725 East 11th Street, LLC, a California limited liability company ("11th Street"), Roots of Caly, LLC, a California limited liability company  ("Roots"), The Bay Clonery LLC, a California limited liability company ("Clonery"), Green Thumb Distributors, Inc., a California corporation ("Green Thumb," and together with 5Leaf, Farm, Mad Creek, 11th Street, Roots and Clonery the "Sold Entities") together with certain assets associated with such entities, including leasehold improvements, equipment, licenses and intellectual property and notes.  The purchase price paid by the buyer was $4,225,956, payable in the form of an assumption of liabilities in the amount of $3,026,504, a secured promissory note in the amount of $634,134 ("Note") and the forgiveness of amounts owed by the Company to the buyer in the amount of $575,318.   As a result of the sale of these entities and assets, Sam Mac will step down his position as Chief Operating Officer of the Company and the Company will no longer have any operations in the marijuana industry.
A form of the Purchase Agreements and a form of the Notes are filed as Exhibits 10.1 through 10.4 to this Current Report on Form 8-K.
Item 8.01 Other Events.
On December 16, 2019, the Company issued a press release disclosing the disposition described above. A copy of that press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01
Financial Statements and Exhibits.
Exhibits
. The following exhibits are being filed herewith:
Exhibit Number
10.1
10.2
10.3
10.4
99.1
Description of Exhibits
Membership Interest Purchase Agreement
Form of Promissory Note
Share and Interest Purchase Agreement
Form of Secured Promissory Note
Press Release dated December 16, 2019
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, hereunto duly authorized, on the 16
th
day of December 2019.
NEWBRIDGE GLOBAL VENTURES, INC.
By:
/s/ Chris Bourdon
Name: Chris Bourdon
Title: CEO
Exhibit Index to Current Report on Form 8-K
Exhibit Number
10.1
10.2
10.3
10.4
99.1
Description of Exhibits
Membership Interest Purchase Agreement
Form of Promissory Note
Share and Interest Purchase Agreement
Form of Secured Promissory Note
Press Release dated December 16, 2019