Attached files
file | filename |
---|---|
EX-10.5 - GUARANTY AGREEMENT - SUNVESTA, INC. | exhibit105.htm |
EX-10.14 - ADDENDUM TO GUARANTY - SUNVESTA, INC. | exhibit1014.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 Event Requiring Report: September 22, 2015
SUNVESTA, INC.
(Exact name of registrant as specified in its charter)
FLORIDA
(State or other jurisdiction of incorporation or organization)
000-28731
98-0211356
(Commission File Number)
(IRS Employer Identification Number)
Josef Mettler, Chief Executive Officer
Seestrasse 97, Oberrieden, Switzerland CH-8942
(Address of principal executive offices)
011 41 43 388 40 60
(Registrants 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))
Item 1.01
Entry into a Material Definitive Agreement
_____________________________________________________________________________________
On July 16, 2012, certain principal shareholders of SunVesta, Inc. (Company) or principal lenders to
the project entered into a guaranty agreement in favor of SunVesta Holding AG (SunVesta AG), a
wholly owned subsidiary of the Company. The guaranty agreement requires that within 30 days of
receiving a demand notice from SunVesta AG that the requested funds are made available by the
guarantors to SunVesta AG. The purpose of the guaranty is to ensure that until such time as financing is
secured for the entire project that the guarantors act to guarantee creditors, as necessary, to the extent of
the projects ongoing capital requirements. The guaranty agreement was filed as Exhibit 10.5 to the
Companys Form 10-K for the period ended December 31, 2011, on February 14, 2013, and is attached
hereto.
On September 22, 2015, the signatories to the guaranty agreement agreed by addendum to maintain the
guarantee until December 31, 2018, after which date the guaranty agreement will expire.
Item 9.01
Financial Statements and Exhibits
The following exhibits are attached as part of this report:
Exhibit
Page
No.
No.
Description
Attached
Guaranty Agreement dated July 16, 2012
Attached
Addendum to Guaranty Agreement dated September 22, 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.
SunVesta, Inc.
Date
By: /s/ Josef Mettler
December 23, 2015
Name: Josef Mettler
Title: Chief Executive Officer
2