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): February 20, 2002
ENOVA SYSTEMS, INC.
(Exact Name of Registrant as Specified in Charter)
California
(State or Other Jurisdiction of Incorporation)
0-25184 95-3056150
(Commission File Number) (IRS Employer Identification No.)
19850 South Magellan Drive
Torrance, California 90502
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (310) 527-2800
Not Applicable
(Former name or former address, if Changed Since Last Report)
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Item 5. Other Events.
In December 2001, Enova Systems, Inc. (the "Company") settled
a lawsuit brought by Fontal International ("Fontal") in June 2000 in the United
States District Court, Central District of California. The suit alleged breach
of contract with respect to certain warrants to purchase 10,833,332 shares of
the Company's common stock. In consideration for the settlement, the Company
issued to Fontal, in a private placement, 6,000,000 shares of the Company's
common stock. The settlement agreement required that such shares be registered
pursuant to the Securities Act of 1933 on or before March 31, 2002.
As provided in the settlement agreement with Fontal, the
Company filed a registration statement on Form S-1 with the Securities and
Exchange Commission on February 19, 2002 with respect to the 6,000,000 shares of
common stock issued to Fontal in the settlement. The Company will not receive
any proceeds from the sale of these shares by Fontal.
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SIGNATURE
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: February 20, 2002
ENOVA SYSTEMS, INC.
By: /s/ Carl D. Perry
--------------------------------
Name: Carl D. Perry
Title: Chief Executive Officer
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