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
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| Date of Report (Date of earliest event reported) | | December 27, 2006 |
MINRAD INTERNATIONAL, INC.
(Exact name of registrant as specified in its charter)
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| Delaware | | 000-49635 | | 870299034 |
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(State or other jurisdiction of
incorporation) | | (Commission File Number) | | (IRS Employer
Identification No.) |
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50 Cobham Drive, Orchard Park, NY 14127-4121
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(Address of principal executive offices)
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| Registrant’s telephone number, including area code: | | 716-855-1068 |
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(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 (seeGeneral 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))
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ITEM 8.01 | | Other Events |
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| | | As of December 27, 2006, 11,260 Series A Convertible Preferred Shares of Minrad International, Inc. were converted into 5,630,000 common shares of Minrad International, Inc. After the completion of this conversion, the number of Series A Convertible Preferred Shares of Minrad International, Inc. outstanding is zero, while the number of outstanding Common Shares increased to 47,048,240. The estimated savings due to the removal of the mandatory dividend requirements related to the Series A Convertible Preferred Shares is approximately $680,000 on an annual basis. |
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.
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| | | MINRAD INTERNATIONAL, INC.
(Registrant) |
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| January 3, 2007 | | By: | | /s/ WILLIAM H. BURNS, JR. |
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| | | | | William H. Burns, Jr. |
| | | | | CEO |
