Quarterly report pursuant to Section 13 or 15(d)

Convertible note

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Convertible note
9 Months Ended
Dec. 31, 2015
Debt Disclosure [Abstract]  
Convertible note

Note 6. Convertible note 

 

During March 2015, Akoustis, Inc. received $655,000 in proceeds from six investors upon execution of convertible notes. On April 9, 2015, one note holder converted $10,000 of his outstanding convertible note to 6,806 shares of Common Stock of the Company. On May 22, 2015, the remaining $645,000 of the notes was converted to 430,000 shares of Common Stock of the Company.