UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-A
FOR REGISTRATION OF CERTAIN CLASSES OF SECURITIES
PURSUANT TO SECTION 12(b) OR (g) OF THE
SECURITIES EXCHAGE ACT OF 1934
| Wavelit, Inc. |
| (Exact Name of Registrant as Specified in its Charter) |
| | | |
| Nevada | | 98-0358149 |
(State of incorporation or organization) | | (IRS Employer Identification Number) |
| | | |
| 7216 West Enterprise Drive, Las Vegas, NV | | 89147 |
| (Address of principal executive offices) | | (Zip Code) |
| Securities to be registered under Section 12(b) of the Act: |
| | | | | |
Title of each class To be so registered | | | | Name of exchange on which each class is to be registered |
| | | | | |
| None | | | | N/A |
| | | | | |
| Securities to be registered under Section 12(g) of the Act: |
| | | | | |
Common Stock, $.001par value (Title of Class) |
| | | | | |
Item 1. Description of Registrant’s Securities to be Registered.
The following description of our capital stock is a summary of the material terms of our capital stock. This summary is subject to and qualified in its entirety by our Articles of Incorporation and Bylaws, and by the applicable provisions of Nevada law.
Common Stock
The Board of Directors is authorized to issue 250,000,000 shares of common stock, $001 par value. Each share of our common stock is entitled to share pro rata in dividends and distributions with respect to our common stock when, as and if declared by the Board of Directors from funds legally available therefore. No holder of any shares of common stock has any preemptive right to subscribe for any of our securities. Upon dissolution, liquidation or winding up of the Company, the assets will be divided pro rata on a share-for-share basis among holders of the shares of common stock after any required distribution to the holders of preferred stock, if any. All shares of common stock outstanding are fully paid and non-assessable.
Dividend Policy
Subject to any preferential rights of any series of preferred stock, holders of shares of common stock will be entitled to receive dividends on the stock out of assets legally available for distribution when, as and if authorized and declared by our Board of Directors. We have never declared or paid any cash dividends on our common stock. We currently intend to retain all available funds for use in our business and therefore do not anticipate paying any cash dividends in the foreseeable future. Any future determination relating to dividend policy will be made by the discretion of our Board of Directors and will depend on a number of factors, including the future earnings, capital requirements, financial condition and future prospects and such other factors as our Board of Directors may deem relevant. Payment of dividends on the common stock may be restricted by loan agreements, indentures and other transactions entered into by us from time to time. We do not anticipate the payment of cash dividends on our common stock in the foreseeable future.
Voting Rights
Holders of common stock are entitled to one vote per share on all matters voted on generally by the stockholders, including the election of directors, and, except as otherwise required by law or except as provided with respect to any series of preferred stock, the holders of the shares possess all voting power. The holders of shares of common stock of the Company do not have cumulative voting rights in connection with the election of the board of directors, which means that the holders of more than 50% of such outstanding shares, voting for the election of directors, can elect all of the directors to be elected, if they so choose, and, in such event, the holders of the remaining shares will not be able to elect any directors.
Liquidation Rights
Subject to any preferential rights of any series of preferred stock, holders of shares of common stock are entitled to share ratably in our assets legally available for distribution to our stockholders in the event of our liquidation, dissolution or winding up.
Absence of Other Rights
Holders of common stock have no preferential, preemptive, conversion or exchange rights.
Item 2. Exhibits.
| | Exhibit | Form | Filing | Incorporation |
| Exhibits | # | Type | Date | By Reference |
| | | | | |
| Articles of Incorporation | 3.1 | SB-2 | 6/17/2002 | X |
| | | | | |
| Bylaws | 3.2 | SB-2 | 6/17/2002 | X |
| | | | | |
| Certificate of Amendment | 3.3 | Schedule 14C | 5/4/2007 | X |
| | | | | |
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 18, 2009 | | Wavelit, Inc. /s/ Henry Liguori ______________________________________ By: Henry Liguori Its: President |
