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): October 9, 2012
BIOVEST INTERNATIONAL, INC.
(Exact Name of Registrant as Specified in Charter)
Delaware | 00-11480 | 41-1412084 | ||
(State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
324 South Hyde Park Avenue, Suite 350
Tampa, FL 33606
(Address of Principal Executive Offices; Zip Code)
Registrants telephone number, including area code: (813) 864-2554
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:
¨ | 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)) |
BIOVEST INTERNATIONAL, INC.
FORM 8-K
Item 2.03. | Creation of a Direct Financial Obligation. |
On October 9, 2012, Corps Real, LLC (Corps Real) elected to invest an additional $708,440.36 in debt financing (the Additional Loan) pursuant to the Plan Secured Promissory Note, dated November 17, 2010, issued by Biovest International, Inc. (the Company), to Corps Real (the Corps Real Note). As a result of the Additional Loan, the outstanding principal balance under the previously outstanding Corps Real Note was increased from $2,291,559.64 to $3,000,000. The Corps Real Note is due on November 17, 2012.
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Signature
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.
BIOVEST INTERNATIONAL, INC. | ||
By: | /s/ Samuel S. Duffey | |
Samuel S. Duffey, Esq. | ||
President, Chief Executive Officer, and General Counsel |
Date: October 15, 2012
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