Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
PRXG > SEC Filings for PRXG > Form 8-K on 23-Dec-2013All Recent SEC Filings

Show all filings for PERNIX GROUP, INC.

Form 8-K for PERNIX GROUP, INC.


23-Dec-2013

Entry into a Material Definitive Agreement, Unregistered Sale of Equity Securi


Item 1.01 - Entry into a Material Definitive Agreement

On December 19, 2013, Pernix Group, Inc. (the "Company") entered into Preferred Stock Purchase Agreements (the "SPAs") with each of Ernil Continental S.A., BVI ("Ernil") and Halbarad, Ltd., BVI ("Halbarad"). Pursuant to the terms of the SPAs, Ernil and Halbarad have agreed to make investments of $2,750,000 and $2,250,000, respectively, in the Company in the form of 550,000 shares and 450,000 shares, respectively, of Series A Cumulative Convertible Preferred Stock.

The closing of SPAs is subject to customary closing conditions and is scheduled for December 30, 2013.

The description of the SPAs above is qualified in its entirety by reference to the full text of the SPAs filed as Exhibits 16.1 and 16.2, which is incorporated herein by reference.



Item 3.02 - Sale of Unregistered Equity Securities

The information set forth in Item 1.01 above is hereby incorporated by reference in this Item 3.02.



Item 9.01 Financial Statements and Exhibits

(d) Exhibits

Exhibit
No. Description of Exhibit
16.1 Preferred Stock Purchase Agreement, dated December 19, 2013, by and between Pernix Group, Inc. and Ernil Continental S.A., BVI
16.2 Preferred Stock Purchase Agreement, dated December 19, 2013, by and between Pernix Group, Inc. and Halbarad, Ltd., BVI


  Add PRXG to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for PRXG - All Recent SEC Filings
Copyright © 2014 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.