Attached files
file | filename |
---|---|
EX-99.1 - PRESS RELEASE, DATED APRIL 13, 2010 - LYRIS, INC. | exhibit99-1.htm |
EX-10.2 - SUBSCRIPTION AGREEMENT DATED APRIL 12, 2010 - LYRIS, INC. | exhibit10-2.htm |
EX-10.1 - SUBSCRIPTION AGREEMENT DATED APRIL 12, 2010 - LYRIS, INC. | exhibit10-1.htm |
UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
__________________
FORM 8-K
CURRENT REPORT
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
OF THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT
REPORTED): April 12, 2010
___________________
Lyris, Inc.
(Exact name of registrant as specified in its charter)
(Exact name of registrant as specified in its charter)
Delaware | 1-10875 | 01-0579490 |
(State or other | (Commission File Number) | (I.R.S. Employer |
jurisdiction of incorporation) | Identification Number) | |
6401 Hollis St., Suite 125 | ||
Emeryville, CA | 94608 | |
(Address of principal | (Zip code) | |
executive offices) |
Registrant's telephone
number, including area code: (800)
768-2929
Not Applicable
(Former name or former address, if changed since last report)
(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:
o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 1.01 Entry into a Material
Definitive Agreement.
On April 12,
2010, Lyris, Inc. (the “Company”) entered into subscription agreements with each
of (a) William T. Comfort, III, chairman of the Company’s board of directors,
and (b) Meudon Investments, a New York limited partnership whose general
partner, James A. Urry, is another of the Company’s directors. Pursuant to the
subscription agreements, Mr. Comfort purchased 12,121,212 shares of the
Company’s common stock at a purchase price of $0.33 per share or $4,000,000 in
the aggregate and Meudon Investments purchased 6,060,606 shares of the Company’s
common stock at a purchase price of $0.33 per share or $2,000,000 in the
aggregate.
The foregoing
description of the subscription agreements do not purport to be complete and are
qualified in their entirety by reference to the full text of the subscription
agreements, which are filed as Exhibit 10.1 and Exhibit 10.2 hereto and are
incorporated herein by reference.
Item 3.02 Unregistered Sales of Equity
Securities.
The disclosure
in Item 1.01 is incorporated into this Item 3.02 by reference. The sale of the
shares occurred on April 12, 2010. The shares of common stock were issued in a
private placement in reliance on Rule 506 promulgated under the Securities Act
of 1933.
Item 9.01 | Financial Statements and Exhibits. | ||||
(d) | Exhibits. | ||||
10.1 | Subscription Agreement dated April 12, 2010 by and between William T. Comfort, III and Lyris, Inc. | ||||
10.2 | Subscription Agreement dated April 12, 2010 by and between Meudon Investments and Lyris, Inc. | ||||
99.1 | Press Release, dated April 13, 2010 titled “Lyris, Inc. Announces Equity Financing” |
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.
Lyris, Inc. | |||
By: | /s/ Luis Rivera | ||
Name: | Luis Rivera | ||
Title: | Chief Executive Officer |
Date: April 13,
2010