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EX-10.1 - fuboTV Inc. /FL | exh10_01.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) October 5, 2015
CAROLCO PICTURES, INC.
(Exact name of registrant as specified in its charter)
Florida | 000-55353 | 26-4330545 |
(State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer |
5550 Glades Road, Ste. 500 | 33431 |
(Address of principal executive offices) | (Zip Code) |
(561) 826-9307
(Registrants telephone number, including area code)
Not Applicable
(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):
[_]
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 (17CFR 240.14a-12)
[_]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.01 | Changes in Control of Registrant. |
On October 5, 2015, Alexander Bafer, Carolco Pictures, Inc.s controlling shareholder, Chief Executive Officer and director (the Seller), entered into and closed on Securities Purchase Agreements (the Agreement) with Richard Waserstein, Hamba Revocable Trust, Tarek Kirschen and Sam Lupowitz (the Purchasers) whereby the Purchaser purchased from the Seller a total of 35,000,000 shares of the Companys common stock (the Shares) for an aggregate of $583,333, representing approximately 57.7% of the issued and outstanding shares of common stock of the Company. A copy of the Form of Securities Purchase Agreement is attached hereto as Exhibit 10.1 and incorporated by reference herein.
Except as described herein, there were no arrangements or understandings among members of both the former and new control groups and their associates with respect to the election of directors or other matters.
As required to be disclosed by Regulation S-K Item 403(c), there are no arrangements, known to the Company, including any pledge by any person of securities of the Company or any of its parents, the operation of which may at a subsequent date result in a change in control of the Company.
Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On October 7, 2015 Robert Ortiz resigned as a member of the board of directors of the Company and on October 8, 2015 Jason Goodman resigned as a director of the Company. There were no disagreements with these former directors of the Company as to its operations, policies or practices and both resignations came after serving annual terms.
Item 9.01 | Financial Statements and Exhibits |
(d) Exhibits
Exhibit No. |
| Description |
10.1 |
| Form of Securities Purchase Agreement |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| CAROLCO PICTURES, INC. | |
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Date: October 9, 2015 | By: | /s/ Alexander Bafer |
| Name: | Alexander Bafer |
| Title: | Chief Executive Officer |
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