On February 20, 2017, upon exercise of warrants therefor, Airborne Wireless Network, a Nevada corporation (the Company), sold and issued 592,000 shares of the Companys common stock at a price of $1.25 per share for an aggregate price of $740,000. Those shares were issued in a transaction which satisfies the requirements for that exemption from the registration and prospectus delivery requirements of the Securities Act of 1933 (the Securities Act) specified by the provisions of Regulation S. Accordingly, those shares were sold in an offshore transaction and no directed selling efforts were made in the United States by the Company, any distributor or any of their affiliates or any person acting on behalf of any of the foregoing. The Company is subject to Category 3 of Rule 903 of Regulation S and, accordingly, implemented the offering restrictions of Category 3 of that Rule 903 by including a legend on all offering materials and documents, which specifies those shares have not been registered pursuant to the Securities Act and may not be offered or sold in the United States or to a U.S. person, unless those shares are registered pursuant to the Securities Act or, alternatively, an exemption from those registration requirements is available.
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
AIRBORNE WIRELESS NETWORK
Date: February 23, 2017
/s/ J. Edward Daniels
J. Edward Daniels
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