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EX-99.1 - PRESS RELEASE - COSI INCco31847503-ex99_1.htm
 
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):  December 15, 2014
 
Cosi, Inc.
(Exact Name of Registrant as Specified in Its Charter)

 
Delaware
000-50052
06-1393745
(State or Other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)

 
294 Washington Street, Suite 510
 Boston, MA
02108
(Address of Principal Executive Offices)
(Zip Code)

Registrant’s telephone number, including area code:   (857) 415-5000

 
(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 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 8.01.
Other Events.
 
On December 15, 2014, Cosi, Inc. (the “Company”) issued a press release announcing the completion of its previously announced rights offering, which expired at 5:00 p.m., New York City time, on December 12, 2014.  The Company also announced that preliminary results indicate the rights offering was oversubscribed and, as such, that the Company anticipates issuing 13,333,333 common shares for aggregate gross proceeds of $20 million.  The Company expects American Stock Transfer & Trust Company, LLC, the subscription agent, to finish tabulating the allocation results this week and to begin distributing the shares, the refund checks for any unfulfilled oversubscriptions and the sale proceeds the week of December 22, 2014.

A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
 
Item 9.01.
Financial Statements and Exhibits.
 
  (d)
Exhibits.
 
99.1
Press Release of Cosi, Inc., dated December 15, 2014.

 
 
 
 

 
 

 
 
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.
 
 
 
Cosi, Inc.
 
       
Date:  December 15, 2014
By:
/s/ Scott Carlock
 
   
Name:  Scott Carlock
 
   
Title:    Chief Financial Officer
 
       
 
 
 

 


 
 

 

EXHIBIT INDEX
         
 
Exhibit No.
 
 
Description
 
 
Paper (P) or
Electronic (E)
         
99.1
 
Press Release of Cosi, Inc., December 15, 2014.
 
E