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):
August 23, 2016
CROSSROADS CAPITAL, INC.
(Exact name of registrant as specified in its charter)
| Maryland | 000-53504 | 26-2582882 |
| (State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) |
128 N. 13th Street, #1100
Lincoln, Nebraska 68508
(Address of principal executive offices and zip code)
Registrant’s telephone number, including area code:(402) 261-5345
Check the appropriate box below if the Form 8-K 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 7.01 Regulation FD Disclosure.
On August 23, 2016, Crossroads Capital, Inc. (the “Company”) completed the disposition of its entire position in Shunfeng International Clean Energy Limited, a Hong Kong Stock Exchange-listed company ("SFCE"). The Company sold 820,686 shares of SFCE common stock in open market transactions for total net proceeds of approximately $111,000, resulting in a net realized loss of approximately $1,198,000.
Item 8.01 Other Events.
On August 25, 2016, the Company issued a press release announcing the engagement of Setter Capital, Inc., a Toronto-based secondary market advisory firm, to assist the Company in identifying prospective buyers for the Company’s portfolio investments.
A copy of the Company’s press release dated August 25, 2016, is attached as Exhibit 99.1, and is incorporated herein by this reference.
Item 9.01 Financial Statements and Exhibits.
| Exhibit No. | Description |
| | |
| 99.1 | Press Release dated August 25, 2016 |
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.
| Date: August 25, 2016 | CROSSROADS CAPITAL, INC. |
| | |
| | |
| | By:/s/ Ben H. Harris, J.D. |
| | Ben H. Harris, J.D. |
| | President and Chief Executive Officer |
