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): May 18, 2016
 

 
GREAT BASIN SCIENTIFIC, INC.
(Exact name of registrant as specified in its charter)


 
         
Delaware
 
001-36662
 
83-0361454
(State or other jurisdiction
of incorporation)
 
Commission
File Number)
 
(IRS Employer
Identification No.)
 
2441 South 3850 West, Salt Lake City, UT
(Address of principal executive offices)
 
84120
(Zip code)
 
(801) 990-1055
(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 (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 1.01 Entry into a Material Definitive Agreement.
 
On May 18, 2016, the holders of the senior secured convertible notes of Great Basin Scientific, Inc. (the “Company”) voluntarily removed restrictions on the Company’s use of an aggregate of $1 million previously funded to the Company and authorized the release of those funds from the restricted accounts of the Company.
 
Item 3.02 Unregistered Sales of Equity Securities
 
The information disclosed in Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 3.02.
 
 
 
 

 
 
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.
 
             
           
GREAT BASIN SCIENTIFIC, INC.
       
Date: May 18, 2016
     
By:
 
/s/ Ryan Ashton
           
Ryan Ashton
           
President and Chief Executive Officer