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
October 13, 2012
(Date of Earliest Event Reported)
BlackBox Semiconductor, Inc.
(Exact Name of Registrant as Specified in its Charter)
| | |
Nevada | 000-52982 | 74-3197968 |
(State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) |
1462 Erie Boulevard
Schenectady, New York 12305
(Address of principal executive offices)
(518) 935-2830
(Registrant's telephone number, including area code)
(Former name and 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 (see General Instruction A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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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.
and
Item 3.02 Unregistered Sales of Equity Securities.
Effective as of October 13, 2012, BlackBox Semiconductor, Inc., a Nevada corporation (the “Company”) entered into a Securities Purchase Agreement (the “Securities Purchase Agreement”) pursuant to which it sold 62,500 of its restricted common shares to a single, non US investor, for consideration of $25,000, or $0.40 per share. No placement agent was used in connection with the sale and no finders or other fees werepaid in connection therewith. The foregoing transaction was approved by all directors. After the foregoing issuance, and as of the date of filing hereof, the Company has 198,308,429 of its common shares issued and outstanding, and excluding any shares issuable upon exercise or conversion of warrants or debt instruments. A copy of the Securities Purchase Agreement is filed as an exhibit to this report.
The shares issued are restricted securities pursuant to Rule 144 of the rules promulgated under the Securities Act of 1933, as amended, and, the Company believes that the foregoing issuance is exempt from the registration requirements of the Securities Act pursuant to Section 4(2) thereunder and Regulation D and Regulation S thereunder, as a transaction not involving any public offering.
Item 8.
Other Matters.
The Company has, on or about October 16, 2012, filed an additional patent application, reflecting proprietary property developed by it, titled “Optoelectronic Devices with all-Inorganic Colloidal Nanostructured Films.” The patent reflects a further development in the Company’s energy business segment and relates to materials, and other proprietary technologies, that use light to produce hydrogen from water.
Item 9.
Financial Statements and Exhibits
(d)
Exhibits. The following exhibit is deemed filed with this Report.
Exhibit No.
Exhibit
10.1
Form of Securities Purchase Agreement, dated as of October 13, 2012.
1
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
BLACKBOX SEMICONDUCTOR, INC.
Date: October 17, 2012
By: /s/ Luis Leung
Name: Luis Leung
Title: CEO
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Exhibit No.
Exhibit
10.1
Form of Securities Purchase Agreement, dated as of October 13, 2012.
3
