UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 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): ~~May~~July 210, 2017

IDdriven, Inc.

(Exact name of registrant as specified in its charter)

Nevada

000-55645

46-4724127

(State or other jurisdiction

of incorporation)

(Commission File Number)

(IRS Employer

Identification No.)

13355 Moss Rock Dr., Auburn, CA 95602

(Address of principal executive offices, zip code)

Registrant’'s telephone number, including area code: (415) 226-7773

Not applicable.

(Former name or former address, if changed since last report)

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 1.01 Entry into a Material Definitive Agreement.

~~Effective~~Item ~~on May 2, 2017, IDdriven, Inc~~1.02 ~~(“we,”~~Termination ~~“us,” “our,” “or “Company”) and Crown Bridge Partners, LLC (“Investor”) completed the sale~~ of a ~~convertible~~Material ~~promissory~~Definitive ~~note as provided for in a: (i) Securities Purchase~~ Agreement (“SPA”), (ii) Convertible Promissory Note (the “Note”), and (iii) Amendment #1 to the Securities Purchase Agreement and Convertible Promissory Note (the “Amendment”) all of which were dated April 10, 2017 (collectively, the “Transaction Documents”). ~~Pursuant to the terms of the Transaction Documents, the Investor agreed to purchase a promissory note in the amount of $55,000for a purchase price of $45,000.~~

AsAmendments set forth in the SPA, the Purchase Price for the Note was $45,000, thereby reflecting an original issue discount of $10,000 (i.e., the spread between the face amount of the Note of $55,000 and the purchase price of $45,000). The Note, as amended pursuant to ~~the~~Convertible ~~Amendment,~~Promissory ~~carries a prorated original issue discount of $10,000.00 and bears interest at the rate of 1% per year.~~ Notes

~~The~~On ~~Note~~July ~~was funded and the transaction closed on May 2~~10, 2017 ~~pursuant to which~~ (the ~~Investor~~“Effective ~~paid to the Company $45~~Date”),~~000.~~ ~~The Note matures on April 10~~IDdriven, ~~2018~~Inc. (the “~~Maturity Date~~Company”). ~~The~~entered ~~material~~into ~~features~~amendments of (the ~~Note~~“Amendments”) ~~and~~with the ~~SPA~~owners ~~are~~and ~~set~~holders ~~forth~~of ~~below.~~the ~~Unless~~following ~~otherwise~~convertible ~~defined~~promissory ~~herein,~~notes ~~all~~issued ~~capitalized~~by ~~terms are defined in~~ the ~~Note,~~Company (the ~~SPA~~“Convertible ~~and the Amendment, as applicable.~~ Notes”):

~~Interest~~· ~~accrues~~Secured ~~daily~~Convertible Promissory Note in the original principal amount of $75,000 issued by the Company on September 21, 2016 to Summit Trading, Ltd. (“Summit Trading”); · Convertible Promissory Note in the ~~outstanding~~original principal amount of $250,000 issued by the Company on March 28, 2016 to Susannah Forest; · Convertible Promissory Note atin athe ~~rate~~original ~~per~~principal ~~annum~~amount ~~equal~~of $500,000 issued by the Company on December 18, 2015 to 1Susannah Forest; · 10% onConvertible Subordinated Promissory Note in the ~~basis~~original principal amount of a$62,500 ~~365-day~~issued ~~year~~by the Company on May 16, 2016 to Monbridge, Inc. ~~Any~~(“Monbridge”); · Secured Convertible Promissory Note in the original principal amount of ~~principal~~$75,000 orissued ~~interest~~by onthe ~~this~~Company ~~Note~~on ~~which~~September is21, ~~not~~2016 ~~paid~~to ~~when~~Monbridge; ~~due~~· ~~shall~~Secured ~~bear~~Convertible ~~interest~~Promissory atNote in the ~~rate~~original principal amount of ~~twenty-two~~$150,000 issued by the Company on September 12, 2016 to Taconic Group, LLC (~~22%~~“Taconic”); ~~per~~and ~~annum.~~· ~~The~~Secured Convertible Promissory Note in the original principal amount of $101,511 issued by the ~~Note~~Company ~~and~~on ~~interest~~September ~~are~~12, ~~payable~~2016 onto ~~the~~R&T ~~Maturity~~Sports ~~Date~~Marketing, Inc.

The ~~Investor~~Amendments isextend ~~entitled~~the ~~to,~~maturity atdate ~~any~~for ~~time~~each orof ~~from~~the ~~time~~Convertible Notes to ~~time,~~six ~~convert~~months from the ~~Note~~Effective ~~into~~Date ~~shares of our common stock~~and, atso along ~~conversion~~as ~~price~~the ~~per~~Convertible ~~share~~Note ~~equal~~is tonot ~~seventy~~in ~~five~~default, ~~percent~~the ~~(75%)~~Company ofhas the ~~lowest~~right ~~traded~~to ~~price~~extend ofits ~~the~~Maturity ~~common~~Date ~~stock~~ for ~~the~~an ~~twenty~~additional ~~(20)~~period ~~trading~~of ~~days~~six ~~immediately~~months. ~~preceding~~The ~~the~~Amendments ~~date~~also ofrevise the ~~date of~~ conversion, ~~upon~~price under the ~~terms~~Convertible ~~and~~Note ~~subject~~ to ~~the~~mean ~~conditions~~50% ofmultiplied by the ~~Note.~~lowest ~~The~~trading ~~conversion~~ price offor the ~~Note~~Company’s isCommon ~~subject~~Stock toduring ~~adjustment in~~ the ~~event~~twenty oftrading ~~stock~~day ~~splits,~~period ~~stock~~prior ~~dividends~~to ~~and~~the ~~similar~~date ~~corporate~~of ~~events~~conversion. In ~~addition,~~ the ~~conversion~~event ~~price~~that isshares ~~subject~~of tothe ~~adjustment~~Company’s ifCommon weStock ~~issue~~are ornot ~~sell~~deliverable ~~convertible~~via ~~promissory~~DWAC ~~notes~~following ~~that~~the ~~are~~conversion ~~convertible~~of ~~for~~any aamount ~~consideration~~under ~~per~~the ~~share~~Convertible ~~less~~Note, ~~than~~ the ~~conversion~~holder ~~price~~shall ~~then~~be inentitled ~~effect~~to oran ~~includes~~additional a10% ~~longer~~discount. ~~look~~The ~~back~~Company ~~period~~agreed ~~than~~to ~~provided~~increase in the ~~Note.~~number Ifof ~~this~~authorized ~~should~~shares ~~occur,~~of ~~the~~its ~~conversion~~Common ~~price~~Stock iscovenants ~~reduced~~that towithin ~~the~~30 ~~lowest~~days ~~price~~from atthe ~~which~~Effective ~~these~~Date ~~securities~~to ~~were~~an ~~issued~~amount orthat ~~are~~will ~~exercisable~~allow orit into ~~the~~and ~~case~~keep available out of aits ~~more~~authorized ~~favorable~~and ~~look~~unissued ~~back~~shares ~~period,~~a ~~the~~number ~~look~~of ~~back~~shares ~~period~~of ~~shall~~Common beStock ~~adjusted~~at least equal to ~~such~~two ~~greater~~times the number of ~~days.~~shares ~~The~~of ~~Note~~common ~~contains~~stock ~~representations,~~issuable ~~warranties,~~upon ~~events~~conversion of ~~default,~~the ~~beneficial~~entire ~~ownership~~principal ~~limitations,~~amount ~~prepayment~~plus ~~options,~~accrued ~~and~~interest ~~other~~due ~~provisions~~under ~~that~~the ~~are~~Convertible ~~customary of similar instruments~~Notes.

The ~~Note~~$150,000 isConvertible ~~not~~Note ~~convertible~~held toby ~~the~~Taconic ~~extent~~and ~~that (a)~~ the ~~number~~$75,000 ofprincipal ~~shares~~amount ofConvertible ~~our~~Note ~~common~~held ~~stock beneficially owned~~ by ~~the~~Monbridge ~~Investor~~were ~~and~~each ~~(b)~~increased ~~the~~by ~~number~~$60,000 ofto ~~shares~~include ofliquidated ~~our~~damages ~~common~~due ~~stock~~to ~~issuable upon~~ the ~~conversion~~holders of ~~the~~such ~~Note~~convertible ornotes ~~otherwise~~as ~~would~~a result inof the ~~beneficial~~Company’s ~~ownership~~failure byto ~~Investor~~deliver ofshares ~~more than 4.99%~~ of ~~our~~its ~~then~~Common ~~outstanding~~Stock ~~common~~for ~~stock.~~more ~~This~~than ~~ownership~~30 ~~limitation~~days ~~can~~as beprovided ~~increased~~for orin ~~decreased~~the toConvertible ~~any~~Notes ~~percentage~~held ~~not exceeding 9.99%~~ by ~~the~~such ~~Investor upon 61 days notice to us~~holder.

~~The~~Termination ~~foregoing descriptions~~ of ~~the~~Stock ~~SPA,~~Pledge ~~Note~~ and ~~the~~Security ~~Amendment are qualified in their entirety by reference to the SPA, Note and Amendment, which are filed hereto as Exhibits 10.1, 10.2 and 10.3 respectively, and are incorporated herein by reference~~Agreement

~~Item~~The ~~2.03~~Amendments ~~Creation~~terminate a stock pledge agreement whereby the Company’s executive officers and directors had pledged their shares of athe ~~Direct~~Company’s ~~Financial~~common ~~Obligation~~stock oras ancollateral ~~Obligation~~for ~~under~~certain of the Convertible Notes and terminated an ~~Off-Balance~~intellectual ~~Sheet~~property ~~Arrangement~~security agreement whereby the Company had pledged all of its intellectual property as collateral for certain of the Convertible Notes. As a ~~Registrant~~result of these terminations, none of the Convertible Notes are secured. Further, the holders of the Convertible Notes agreed to forbear from exercising any of their respective rights or remedies under the Convertible Notes as a result of any breach by the Company under the Convertible Note.

~~The~~Summit ~~information set forth in Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 2.03.~~Note

~~Item~~On 3July 10, 2017, the Company issued to Summit Trading a Convertible Promissory Note (the “Summit Note”) in the principal amount of $61,000, in exchange for Summit Trading’s cancellation of (i) a Promissory Note in the principal amount of $51,000, plus accrued interest, issued by the Company to Summit Trading on December 30, 2016, plus accrued interest and (ii) a Promissory Note in the principal amount of $10,000, plus accrued interest, issued by the Company to Summit on January 26, 2017.02 ~~Unregistered~~The ~~Sales~~Summit Note contains terms and conditions substantially similar to the convertible notes held by Monbridge as amended by the Amendment discussed above except that such note bears interest at the rate of ~~Equity~~20% ~~Securities~~per annum and matures twelve (12) months from the date of issuance.

The information set forth in Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 3.02. The issuance of the securities whose information is set forth in Item 1.01 of this Current Report on Form 8-K were not registered under the Securities Act of 1933, as amended (the “Securities Act”), but qualified for exemption under Section 4(a)(2) of the Securities Act. The securities were exempt from registration under Section 4(a)(2) of the Securities Act because the issuance of such securities by the Company did not involve a “public offering,” as defined in Section 4(a)(2) of the Securities Act, due to the insubstantial number of persons involved in the transaction, size of the offering, manner of the offering and number of securities offered. The Company did not undertake an offering in which it sold a high number of securities to a high number of investors. In addition, these investors had the necessary investment intent as required by Section 4(a)(2) of the Securities Act since they agreed to, and will receive, share certificates bearing a legend stating that such securities are restricted pursuant to Rule 144 of the Securities Act. This restriction ensures that these securities would not be immediately redistributed into the market and therefore not be part of a “public offering.” Based on an analysis of the above factors, we have met the requirements to qualify for exemption under Section 4(a)(2) of the Securities Act.

The foregoing descriptions of the Amendments and the Summit Note do not purport to be complete and are qualified in their entirety by the Form of Amendment attached hereto as Exhibit 10.1 and the Summit Note attached hereto as Exhibit 10.2, all of which are incorporated herein by reference.

Item 93.0102. ~~Financial~~Unregistered ~~Statements~~Sales ~~and~~of ~~Exhibits~~Equity Securities.

The disclosure in Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item. The Note Amendments, Taconic Note and Summit Note were not registered under the Securities Act of 1933, as amended (dthe “Securities Act”) ~~Exhibits~~and were entered into or issued as the case may be in reliance upon an exemption from registration provided by Sections 4(a)(2) and 3(a)(9) under the Securities Act in transactions not involving a public offering or distribution.

10.1		Securities Purchase Agreement between IDdriven, Inc. and Crown Bridge Partners, LLC dated April 10, 2017.
10.2		Convertible Promissory Note in the principal amount of $55,000 issued by IDdriven, Inc. dated April 10, 2017.
10.3		Amendment #1 to the Securities Purchase Agreement and Convertible Promissory Note between IDdriven, Inc. and Crown Bridge Partners, LLC dated April 10, 2017.

Item 9.01. Financial Statements and Exhibits.

(d)		Exhibits

10.1		Form of Amendment to Convertible Promissory Note

10.2		Convertible Promissory Note dated issued by IDdriven, Inc. to Summit Trading, Ltd. on July 10, 2017.

~~SIGNATURES~~3

~~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.~~SIGNATURES

	IDdriven, Inc.
Date: May 8, 2017	By:	/s/ Arend D. Verweij
		Arend D. Verweij
		Chief Executive Officer

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.

	IDdriven, Inc.

Date: July 10, 2017	By:	/s/ Arend D. Verweij
		Arend D. Verweij, Chief Executive Officer

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