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): December 12, 2006
SECURITY DEVICES INTERNATIONAL INC.
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(Exact name of Registrant as specified in its charter)
Delaware Applied For
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(State or other jurisdiction (Commission File No.) (IRS Employer
of incorporation) Identification No.)
120 Adelaide Street West, Suite 2500
Toronto, Ontario M5H 1T1
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(Address of principal executive offices, including Zip Code)
Registrant's telephone number, including area code: (416) 787-1871
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424 Old Orchard Grove
Toronto, Ontario
Canada M5M 2G4
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(Former name or former address if changed since last report)
Check 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)
[ ] 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-14(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 3.02 Unregistered Sales of Equity Securities.
On December 12, 2006 the Company completed the sale of 2,536,170 shares of
its common stock to a group of private investors. The shares were sold in the
private offering at a price of $1.00 per share and are restricted securities as
that term is defined in Rule 144 of the Securities and Exchange Commission. The
Company paid a commission of $20,015 in connection with the sale of these
shares.
The Company relied upon the exemption provided by Section 4(2) of the
Securities Act of 1933 for the sale of these shares.
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: December 13, 2006.
SECURITY DEVICES INTERNATIONAL INC.
By: /s/ Sheldon Kales
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Sheldon Kales, President and Principal
Accounting and Financial Officer