Attached files

file filename
EX-10.2 - EXHIBIT 10.2 - COUNTERPATH CORPexhibit10-2.htm
EX-10.1 - EXHIBIT 10.1 - COUNTERPATH CORPexhibit10-1.htm
EX-99.1 - EXHIBIT 99.1 - COUNTERPATH CORPexhibit99-1.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) September 2, 2015

COUNTERPATH CORPORATION
(Exact name of registrant as specified in its charter)

Nevada
(State or other jurisdiction of incorporation)

001-35592
(Commission File Number)

20-0004161
(IRS Employer Identification No.)

300-505 Burrard Street, Vancouver, British Columbia, Canada V7X 1M3
(Address of principal executive offices and Zip Code)

604.320.3344
Registrant’s telephone number, including area code

N/A
(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))


- 2 -

Item 1.01. Entry into a Material Definitive Agreement.

On September 2, 2015, we entered into subscription agreements pursuant to which we agreed to sell 2,930,000 units (each, a “Unit”) at a price of US$0.50 per Unit for gross proceeds of US$1,465,000 (the Financing”). Each Unit consists of one share of our common stock (a “Share”) and one-half of one share purchase warrant (each whole warrant, a “Warrant”), which entitles the holder to purchase one additional Share (each, a “Warrant Share”) at a price of US$0.75 per Warrant Share for a period of two years. We closed the Financing and issued the Units on September 4, 2015.

The foregoing descriptions of the Subscription Agreement and the Warrant do not purport to be complete and are qualified in their entirety by reference to such agreements, which are attached hereto as Exhibits 10.1 and 10.2 respectively, and are incorporated by reference herein.

Item 3.02 Unregistered Sales of Equity Securities.

The information provided under Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 3.02. We issued the Units to four persons who represented that they were not US persons (as that term is defined in Regulation S of the Securities Act of 1933, as amended) in an offshore transaction pursuant to Regulation S and/or Section 4(2) of the Securities Act of 1933, as amended.

Item 7.01 Regulation FD Disclosure.

A News Release dated September 4, 2015 is furnished herewith.

Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
10.1 Form of Subscription Agreement.
10.2 Form of Warrant Certificate.
99.1 News Release dated September 4, 2015.

SIGNATURES

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.

COUNTERPATH CORPORATION

 By:    /s/ David Karp  
  David Karp  
  Chief Financial Officer  

Dated: September 8, 2015