UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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): June 8, 2007
GLOBALOPTIONS GROUP, INC.
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(Exact Name of Registrant as Specified in Charter)
Delaware 333-117495 73-1703260
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(State or other (Commission File Number) (IRS Employer
jurisdiction of Identification No.)
incorporation)
75 Rockefeller Plaza, 27th Floor
New York, New York 10019
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (212) 445-6262
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(Former name or former address, if changed since last report)
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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:
[ ] 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 DFR
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
On June 8, 2007, holders of a majority in interest of the Series B
Preferred Stock (the "Majority Series B Holders") of GlobalOptions Group, Inc.,
a Delaware corporation (the "Company") waived for up to 120 days certain
provisions contained in the Company's Investor Rights Agreement (the "Investor
Rights Agreement") dated as of June 28, 2006, as amended (the "Waiver"). The
provisions waived included any and all rights and remedies under the Investor
Rights Agreement with respect to the Company's obligation to keep the
registration statement (the "Registration Statement") covering the resale of
shares of the Company's Common Stock underlying the Company's Series B Preferred
Stock and warrants issued in connection therewith, continuously effective under
the Securities Act of 1933, as amended and any obligations of the Company as a
result of the Registration Statement not being effective. The Majority Series B
Holders also acknowledged that, pursuant to the Waiver, the Company may withdraw
the Registration Statement.
The foregoing description of the Waiver is not complete and is
qualified in its entirety by reference to the full text of the Waiver, a copy of
which is filed herewith and is incorporated herein by reference.
ITEM 8.01. OTHER EVENTS
On June 10, 2007, the Company withdrew the Registration Statement
and a registration statement covering the resale of shares of the Company's
Common Stock underlying the Company's Series A Preferred Stock and warrants
issued in connection therewith.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits.
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The exhibits listed in the following Exhibit Index are filed as part of
this Report.
Exhibit No. Description
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10.1 Waiver to Investor Rights Agreement
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 thereunto duly authorized.
Date: June 12, 2007 GLOBALOPTIONS GROUP, INC.
By: /s/ Harvey W. Schiller, Ph.D.
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Harvey W. Schiller, Ph.D.
Chairman and Chief Executive Officer
