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): July 7, 2014
DYNAMIC
APPLICATIONS CORP.
(Exact Name of
Registrant as Specified in its Charter)
Commission File No.: 0-54856
Delaware | 98-0573566 |
(State of Incorporation) | (I.R.S. Employer Identification No.) |
14 Menachem Begin Street, Ramat Gan, Israel | 52700 |
(Address of Registrant's Office) | (ZIP Code) |
Registrant's Telephone Number, including area code: 972-3-7523922
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):
¨ 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 3.02 Unregistered Sales of Equity Securities.
During the period from June 5, 2014 through July 1, 2014, Dynamic Applications Corp. (the "Registrant") sold restricted shares of its common stock to individuals and entities set forth in the table below (the "Investors"). The Registrant relied upon the exemption provided by Regulation S promulgated by the United States Securities and Exchange Commission under the Securities Act of 1933, as amended (the "Act"). None of the Investor are "U.S. Persons," as defined in Rule 902 of Regulation S. The certificates evidencing the restricted shares were issued to the Investors in July 2014.
Name of Investor | Date of Subscription |
Subscription-Regulation S |
Shares Issued |
Asaf David | 6/24/14 |
$0.09 per Share |
111,111 |
Avdinco Ltd (1) | 6/29/14 |
$0.09 per Share |
444,444 |
David Benhamu | 6/24/14 |
$0.09 per Share |
55,555 |
David Shrem | 6/05/14 |
$0.09 per Share |
222,222 |
Eran Cohen | 6/24/14 |
$0.09 per Share |
222,222 |
Judith Zetouny | 7/01/14 |
$0.09 per Share |
111,111 |
Falach Masha Lea | 6/23/14 |
$0.09 per Share |
555,555 |
Nir Ben Nissan | 6/18/14 |
$0.09 per Share |
111,111 |
Nuriel Chordekar | 6/20/14 |
$0.09 per Share |
55,555 |
Prop Trade Ltd (2) | 6/19/14 |
$0.09 per Share |
2,777,777 |
R.P. Holdings (1992) Ltd (3) | 6/19/14 |
$0.09 per Share |
444,444 |
Ron Senator | 6/18/14 |
$0.09 per Share |
222,222 |
Pasternak Shmuel | 6/24/14 |
$0.09 per Share |
450,000 |
Short Trade Ltd (4) | 6/13/14 |
$0.09 per Share |
1,666,666 |
Tal Teperberg & Gal Graf | 6/24/14 |
$0.09 per Share |
111,111 |
Boruj Tenenbaum | 6/11/14 |
$0.09 per Share |
444/444 |
Cohen Tomer | 6/18/14 |
$0.09 per Share |
166,667 |
Yoel Yogev | 6/11/14 |
$0.09 per Share |
1,000,000 |
Cohen Yosef | 6/10/14 |
$0.09 per Share |
222,000 |
Total | 9,392,217 |
(1) Avdinco Ltd is controlled by Avner Cohen, a resident of Israel.
(2) Prop Trade Ltd is controlled by Charlote Eilin Tay, a resident of Singapore.
(3) R.P. Holdings (1992) Ltd is controlled by Rubin Zimerman, a resident of Israel.
(4) Short Trade Ltd is controlled by Shlomo Noyman, a resident of Israel
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
DYNAMIC APPLICATIONS CORP. | ||
By: | /s/ Ori Goore | |
Name: | Ori Goore | |
Title: | CEO |
Date: July 11, 2014