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EX-99 - PRESS RELEASE - ADEPT TECHNOLOGY INCnewsrelease.htm

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) February 14, 2014 


Adept Technology, Inc.
(Exact name of registrant as specified in its charter)

Delaware 0-27122 94-2900635
(State or other jurisdiction
of incorporation)
(Commission File Number) (IRS Employer Identification No.)

5960 Inglewood Drive, Pleasanton CA 94588
(Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code:   (925) 245-3400

None
(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:

    [   ]   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))


Item 3.03. Material Modifications to Rights of Security Holders.

On February 14, 2014, Adept Technology, Inc. delivered notice of the exercise of its right to convert certain shares of Adept's Series A Convertible Preferred Stock and reached agreement with Hale for a waiver of conditions to conversion rights, so that all of the 8,000 outstanding shares of Preferred Stock held by Hale Capital Partners will be converted into 1,739,130 common shares effective February 18, 2014.

Item 9.01. Financial Statements and Exhibits.

99.1 Press release dated February 18, 2014 of Adept Technology, Inc.


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.

    Adept Technology, Inc.
(Registrant)


February 18, 2014
(Date)
  /s/   SETH HALIO
Seth Halio
Chief Financial Officer