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EX-10.2 - EX-10.2 - PROSPECT GLOBAL RESOURCES INC.a14-11556_2ex10d2.htm
EX-10.3 - EX-10.3 - PROSPECT GLOBAL RESOURCES INC.a14-11556_2ex10d3.htm
EX-10.1 - EX-10.1 - PROSPECT GLOBAL RESOURCES INC.a14-11556_2ex10d1.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):  April 25, 2014

 

PROSPECT GLOBAL RESOURCES INC.

(Exact name of registrant as specified in its charter)

 

Nevada

 

001-35590

 

26-3024783

(State or other jurisdiction

of incorporation)

 

(Commission File Number)

 

(IRS Employer

Identification Number)

 

1401 17th Street

 

 

Suite 1550

 

 

Denver, CO

 

80202

(Address of Principal Executive Offices)

 

(Zip Code)

 

(303) 990-8444

(Registrant’s telephone number, including area code)

 

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 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 2.03.                                        Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

 

On April 25, 2014, we obtained an extension of the date by which we may prepay the approximately $153.8 million we owe under our senior secured debt to the Karlsson Group, Inc. (“Karlsson”) for $25 million from April 25, 2014 to April 29, 2014.

 

Item 9.01.                                        Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit No.

 

Description

10.1

 

Thirteenth Amendment to Senior First Priority Secured Promissory Note

10.2

 

Reaffirmation of Loan Documents

10.3

 

Amendment No. 2 to Sixth Extension Agreement

 

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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.

 

 

PROSPECT GLOBAL RESOURCES INC.

 

 

 

By:

/s/ Gregory M. Dangler

Date:

May 1, 2014

 

President and Chief Executive Officer

 

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Exhibit Index

 

Exhibit No.

 

Description

10.1

 

Thirteenth Amendment to Senior First Priority Secured Promissory Note

10.2

 

Reaffirmation of Loan Documents

10.3

 

Amendment No. 2 to Sixth Extension Agreement

 

4