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): August 20, 2015
Grandparents.com, Inc. | ||
(Exact name of registrant as specified in its charter) | ||
Delaware | 000-21537 | 93-1211114 |
(State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
589 Eighth Avenue, 6th Floor New York, New York | 10018 | |
(Address of Principal Executive Offices) | (Zip Code) |
Registrant’s Telephone Number, Including Area Code:646-839-8800
N/A |
(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):
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ 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.
Reference is made to that certain Credit Agreement, dated July 8, 2015 (the " Agreement"), by and between Grandparents.com, Inc. (the “Company”) and VB Funding, LLC (the “Lender”), an affiliate of Vanbridge LLC.
On August 20, 2015, the Company and the Lender, entered into a First Amendment to Agreement (the “Amendment”), effective as of August 5, 2015, pursuant to which the Lender may convert at its election both principal and interest into common shares as provide under the Agreement. The Amendment also modifies the provision concerning optional prepayment by the Company to include interest that has accrued on the principal amount under the Agreement through the maturity date.
The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the Amendment to be filed as an exhibit to the Company’s Quarterly Report on Form 10-Q for the period ended September 30, 2015 and incorporated herein by reference.
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.
Dated: August 26, 2015 | GRANDPARENTS.COM, INC. | |
By: | /s/ Steve Leber | |
Steve Leber | ||
Chairman & Chief Executive Officer |
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