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) November 5, 2003
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VendingData Corporation
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(Exact name of Registrant as specified in charter)
Nevada
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(State or other jurisdiction of incorporation)
000-25855 91-1696010
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(Commission File Number) (IRS Employee Identification No.)
6830 Spencer Street, Las Vegas, Nevada 89119
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (702) 733-7195
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Not Applicable
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(Former name or former address, if changed since last report)
ITEM 5. OTHER EVENTS
On November 5, 2003, VendingData Corporation (the "Company") received
bridge financing in the aggregate amount of $1,000,000 (the "Bridge Financing").
In connection with the Bridge Financing, and on November 6, 2003, the Company
issued to an accredited investor (the "Holder") a note in the principal amount
of $1,000,000 (the "Note"). The Note matures on January 12, 2004 (the "Maturity
Date") and requires the payment of an interest fee in the amount of $50,000 (the
"Fee") on the Maturity Date. The Holder may elect to waive payment of the Fee in
exchange for shares of the Company's common stock ("Common Stock") at a rate of
$2.25 per share. For each thirty day period that the Note remains outstanding
after January 12, 2004, the Holder is entitled to 25,000 warrants with an
exercise price of $2.25 per share. The Note may not be extended beyond May 12,
2004. The proceeds from the Bridge Financing are being used for working capital
purposes.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) Financial Statements of Businesses Acquired.
Not applicable.
(b) Pro Forma Financial Information.
Not applicable.
(c) Exhibits.
Not applicable.
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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.
VENDINGDATA CORPORATION
Date: November 7, 2003 By: /s/ Stacie L. Brown
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Stacie L. Brown, Attorney-In-Fact for
Steven J. Blad
Its: President and Chief Executive Officer
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