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): April 18, 2013
zinco do brasil, inc.
(formerly TurkPower Corporation)
Exact name of registrant as specified in its charter)
| Delaware | 000-52630 | 26-2524571 |
| (State or Other Jurisdiction | (Commission File | (I.R.S. Employer |
| of Incorporation) | Number) | Identification Number) |
100 Park Avenue, Suite 1600
New York, New York 10017
(Address of principal executive offices, including zip code)
(212) 984-0628
(Registrant’s telephone number, including area code)
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 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. |
On April 18, 2013, the Registrant accepted subscriptions in the aggregate of $1,000,000 from existing institutional investors and Edward Dowling, a member of the Registrant’s Board of Directors, for 100,000 shares of the Company’s Series D Convertible Preferred Stock, par value $0.0001 per share (the “Series D Stock”) plus warrants (the “Warrants”) to purchase an additional 166,667 shares (the “Warrant Shares”) of the Registrant’s common stock, par value $0.0001 per share (the “Common Stock”), at an exercise price of $2.25 per share, which expire in three (3) years. The shares of Series D Stock is convertible into 666,667 shares of Common Stock.
| Item 3.02 | Unregistered Sales of Equity Securities. |
The securities described in Item 1.01 above were offered and sold in reliance upon exemptions from registration pursuant to Section 4(2) under the Securities Act and Rule 506 of Regulation D promulgated thereunder. The agreements executed in connection with this sale contain representations to support the Company’s reasonable belief that the Investor had access to information concerning the Company’s operations and financial condition, the Investor acquired the securities for their own account and not with a view to the distribution thereof in the absence of an effective registration statement or an applicable exemption from registration, and that the Investor are sophisticated within the meaning of Section 4(2) of the Securities Act and are “accredited investors” (as defined by Rule 501 under the Securities Act). In addition, the issuances did not involve any public offering; the Company’s made no solicitation in connection with the sale other than communications with the Investor; the Company obtained representations from the Investor regarding their investment intent, experience and sophistication; and the Investor either received or had access to adequate information about the Company in order to make an informed investment decision.
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.
| | Zinco Do Brasil, Inc. | |
| | | |
| Date: April 19, 2013 | By: | /s/ Ryan E. Hart | |
| | | Name: Ryan E. Hart | |
| | | Title: President | |
