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 31, 2018

 

FALCONSTOR SOFTWARE, INC.
(Exact name of registrant as specified in its charter)
     
Delaware 000-23970 77-0216135
(State or Other Jurisdiction
of Incorporation)		 (Commission
File Number)		 (IRS Employer
Identification No.)
     
701 Brazos Street, Suite 400, Austin, Texas 78701
(Address of Principal Executive Offices) (Zip Code)

 

Registrant’s Telephone Number, Including Area Code: 631-777-5188

 

N/A

(Former Name or Former Address, If Changed Since Last Report)

 

Check the 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-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ 

 

 

Item 3.02. Unrestricted Sale of Equity Securities.

On December 31, 2018, the Company issued an aggregate of 54,264,063 shares (the “Shares”) of Common Stock, $.001 par value (the “Common Stock”). The Shares were issued to investors pursuant to the exercise by such investors of warrants (the “Warrants”). The Warrants were granted in connection with the Company’s previously disclosed private placement, the final tranche of which closed in October 2018. The investors exercised the Warrants through a cash payment of $.001 per Share. As a result of the exercise of the Warrants, all of the warrants granted in the private placement have now been exercised.

The Shares issued by the Company were issued pursuant to the exemption contained in Section 4(2) of the Securities Act of 1933, as amended.

 

 

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: January 3, 2019 FALCONSTOR SOFTWARE, INC.
   
   
  By:

/s/ Brad Wolfe

    Name: Brad Wolfe
    Title: Executive Vice President, Chief Financial Officer and Treasurer