UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC  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)  May 29, 2012

 

TWIN CITIES POWER HOLDINGS, LLC

(Exact Name of Registrant as Specified in Charter)

 

Minnesota

 

333-179460

 

27-1658449

(State or Other Jurisdiction of
Incorporation)

 

(Commission File Number)

 

(IRS Employer
Identification No.)

 

16233 Kenyon Ave., Suite 210, Lakeville, Minnesota

 

55044

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code  (952) 241-3103

 

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):

 

o    Written communication 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.

 

Twin Cities Power Holdings, LLC (“TCPH”) has entered into an agreement with Katmando Holdings Inc. (“Katmando”), pursuant to which Katmando has agreed to raise $10 to $30 million for TCPH in debt and/or equity on a best efforts basis.  Katmando has the exclusive right to raise capital in Canada for the first 150 days of this agreement.  For these consulting services, TCPH has agreed to pay Katmando a fee of $25,000 Canadian plus 4% of any funds received at a closing for such capital.  Either party may terminate the agreement by giving 14 days notice.

 

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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.

 

 

Date: June 1, 2012

By

/s/ Wiley H. Sharp III

 

 

Wiley H. Sharp III

 

Its

Vice President — Finance and Chief Financial Officer

 

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