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): December 29, 2015
SPUTNIK ENTERPRISES, INC. |
(Exact name of registrant as specified in its charter) |
Nevada | | 000-52366 | | 52-2348956 |
(State or other jurisdiction of incorporation or organization) | | (Commission file number) | | (IRS Employer Identification No.) |
3956 Town Center Blvd
Suite 562
Orlando, Florida 32837
(Address of principal executive offices)
407-377-5880
(Issuer's telephone number)
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):
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))
Item 3.03. Material Modification to Rights of Security Holders.
On December 22, 2015, the Company filed an Amendment to Certificate of Designation which modified the rights of the holders of Series A Convertible Preferred Stock by changing the conversion ratio to 10,000 shares of common stock for one share of Series A Convertible Preferred Stock and eliminating any holding requirement before conversion.
The Amendment to Certificate of Designation is filed as an exhibit hereto and should be referred to for a complete description of the modification.
Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item 3.03. Material Modification to Rights of Security Holders is incorporated herein by reference.
Exhibits
| 3.1 | Amendment to Certificate of Designation |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the date indicated.
| Sputnik Enterprises, Inc. | |
| | | |
Date: December 31, 2015 | By: | /s/ Anthony Gebbia | |
| Anthony Gebbia | |
| Chief Executive Officer and Director | |
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