DARKPULSE: ANNOUNCES SPECIAL DIVIDEND OF OPTILAN STOCK & CEO EMPLOYMENT AGREEMENT – Form 8-K

DARKPULSE, INC. ANNOUNCES SPECIAL DIVIDEND OF OPTILAN STOCK & CEO EMPLOYMENT AGREEMENT

HOUSTON, June 23, 2022 DarkPulse Inc. (OTC: DPLS) (“DPLS” or “the Company”), announced today that the Company’s Board of Directors has approved several corporate actions that the Company’s Board of Directors believes are in the best interest of its shareholders.

The Board of Directors approved, initiated and imposed a special dividend to record holders of the Company’s securities in the form of a pro-rata number of shares from its wholly owned subsidiary, Optilan. The distribution is expected to be based on the number of shares held by the Company’s holders on August 31, 2022. The Board has set a final dividend ratio of July 15, 2022 to determine the distribution per shareholder’s record. Any such distribution may require filing of an S-1 Registration Statement with the US Securities and Exchange Commission.

The company’s board of directors has also approved the company’s move to seek listing of Optilan’s securities on a national exchange, such as NASDAQ or the NYSE, and engage in several investment bankers over the next 60 days with a view to the list by Optilan. End of the calendar year.

The Board of Directors, with Dennis O’Leary, abstaining, also approved an Employment Agreement with Mr. O’Leary with a term commencing April 1, 2022 and continuing for three years, subject to extensions.

In connection with the Employment Agreement, the Company has also approved a new class of Preferred Shares with super-majority voting rights designed to assist management arrangements. These shares are not convertible into the Company’s common stock of shares and includes a sunset clause whereby the shares terminate for five years from issuance, except through a vote of a majority of the holders of the Company’s common stock.

Dennis O’Leary, CEO of DarkPulse, Inc., stated “These corporate actions are consistent with our company philosophy that no shareholder will be left behind. While we have made great strides in developing our businesses, we are also paying close attention to shareholder value and we believe this particular dividend is part of a much larger program going forward. ”

About DarkPulse, Inc.

DarkPulse, Inc. uses advanced laser-based monitoring systems to provide rapid and accurate monitoring of temperatures, strains and stresses. The company’s technology excels when applied to live, dynamic critical infrastructure and structural monitoring, including pipeline monitoring, perimeter and structural surveillance, aircraft structural components and mining safety. The Company’s fiber-based monitoring systems can assist markets that are not currently served, and its unique technology covers extended areas and any event that translates into a change in strain or temperature. In addition to the Company’s ongoing efforts to respect its marketing and sales of its technology products and services to its customers, the Company also continues to explore potential strategic alliances through joint venture and licensing opportunities to further expand its global market position.

For more information, visit www.DarkPulse.com

About Optilan

Optilan is a leading independent security and communications systems integrator worldwide. With a 30-year pedigree, Optilan’s customers trust its integrity to keep their assets safe and secure, managing its life cycle delivery risk of its solutions. By fostering a collaborative design approach to complex problems, Optilan provides innovative solutions, custom fit to even the most demanding sites and scale projects. Importantly, Optilan’s commitment to its safety culture is unwanted, to ensure that everyone goes home safely every day.

Optilan orchestrates business resilience with a suite of end-to-end solutions, combining connectivity and professional service at a global level. Today’s business environment is more dynamic than ever. In response, businesses are urged to move at “internet speed” and evolve with constant change and disruption as the new normal. Optilan complements its tailored, integrated expertise with leading manufacturers of a curated ecosystem, to achieve both high quality and enduring results.

Optilan is proud to foster a unique culture full of talented individuals. Optilan’s sector focus ensures that its accounting teams are fully accredited to their operational areas. Optilan; s professionals have the ability to adopt and embed its expertise in existing platforms, processes, and cultures, delivering exceptional value for its clients. Beyond Optilan’s operational scope, it strikes to consider the impact of its global footprint and mitigate associated environmental and sustainability risks. These factors combine to set Optilan apart and establish why customers continue to trust and invest in its services.


For more information, visit: www.Optilan.com

Forward Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect,” “may,” “, “” could, “” seek, “” intend, “” plan, “” goal, “” estimate, “” anticipate “or other comparable terms. All statements other than historical statements of this statement include this news release regarding our strategies, prospects, financial condition, operations, costs, plans and objectives are forward-looking statements. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in situations that are difficult to predict and many of which are beyond our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements, among others, are the following: Our ability to successfully market our products and services; the acceptance of our products and services by customers; our continued ability to pay operating costs and the ability to meet demand for our products and services; the amount and nature of competition from other security and telecom products and services; changes in the cybersecurity and telecom markets; our ability to successfully develop new products and services; establishing and maintaining collaborative, strategic alliance agreements, licensing and supplier arrangements; our ability to comply with applicable regulations; and the other risks and uncertainties described in our Prior Filings with the Securities and Exchange Commission. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, as a result of new information, future developments or otherwise.

Media contact:

DarkPulse Solutions, Inc.

[email protected]

1.800.436.1436+

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