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: June 17, 2009
HQ SUSTAINABLE MARITIME INDUSTRIES, INC.
(Exact name of registrant as specified in its charter)
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Delaware | | 001-33473 | | 62-1407522 |
(State or jurisdiction of incorporation or organization) | | (Commission File Number) | | (I.R.S. Employer Identification No.) |
Melbourne Towers, 1511 Third Avenue, Suite 788, Seattle, WA
(Address of principal executive offices)
98101
(Zip Code)
206-621-9888
Registrant’s telephone number, including area code
N/A
(Former name or Former Address if Changed Since Last Report)
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 (see General Instruction A.2 below):
¨ | 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)) |
As used in this report, the terms “we”, “us”, “our”, “our company”, “Company” or “HQS” refer to HQ Sustainable Maritime Industries, Inc., a Delaware corporation.
On June 17, 2009, the Company issued its press release announcing that it has completed the sale of 1,225,000 shares of common stock at $8.50 per share pursuant to the Company’s existing shelf registration statement (the “Closing Press Release”). The company raised $10.4 million in gross proceeds, prior to deducting underwriting discounts and commissions and offering expenses payable by the Company, which the Company expects to use for general corporate purposes, including investments in long-term assets to complete its integration objectives. A copy of the Closing Press Release is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 9.01. | Financial Statements and Exhibits. |
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Exhibit No. | | Description |
99.1 | | Press Release dated June 17, 2009 of HQ Sustainable Maritime Industries, Inc. |
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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.
Dated: June 17, 2009
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HQ SUSTAINABLE MARITIME INDUSTRIES, INC. |
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By: | | /s/ Norbert Sporns |
Name: | | Norbert Sporns |
Title: | | Chief Executive Officer and President |
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Exhibit Index
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Exhibit No. | | Description |
99.1 | | Press Release dated June 17, 2009 of HQ Sustainable Maritime Industries, Inc. |