Item 8.01. Other Events.
On January 4, 2013, CombiMatrix Corporation (the "Company") issued an aggregate
of 4,164 shares of common stock to accredited holders of the Company's Series A
6% Convertible Preferred Stock (the "Series A Stock") as dividends accrued as of
December 31, 2012 on the Series A Stock due under the Certificate of Designation
of Preferences, Rights and Limitations of Series A 6% Convertible Preferred
Stock of the Company (the "Certifcate of Designation"). In connection with the
above-described dividends, the holders waived the conditions set forth in the
Certificate of Designation relating to the dividend payments on the shares of
Series A Stock such that the dividend payments could be made by the Company in
shares of common stock under the Certificate of Designation. After the
above-described issuance, the Company has 1,515,297 shares of common stock
issued and outstanding.
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