SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
June 3, 2016
American CareSource Holdings, Inc.
(Exact name of registrant
as specified in charter)
|(State or other jurisdiction
55 Ivan Allen Jr. Blvd, Suite 510
Atlanta, Georgia 30308
|(Address of Principal Executive Offices)|
(Registrant’s Telephone Number, Including
(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:
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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 2.03. Creation of a Direct Financial Obligation or an
Obligation under an Off-Balance Sheet Arrangement of a Registrant.
On June 3, 2016, American
CareSource Holdings, Inc. borrowed $1,638,888.50 from three of the Company’s directors, John Pappajohn, Mark Oman, and Matt
Kinley. The loan is evidenced by promissory notes issued to each such director, which bear interest at 6% per annum. Interest-only
payments are due and payable under the promissory notes on the first day of each calendar month after the date of issuance, and
all principal and accrued but unpaid interest are due and payable 18 months after the date of issuance. The description of the
promissory notes in this Current Report on Form 8-K does not purport to be complete and is qualified by reference to the full text
of the form of promissory note which is attached hereto as Exhibit 10.1 and incorporated herein by reference.
Item 3.02. Unregistered Sales of Equity Securities.
For the offer and sale
of the promissory notes described under Item 2.03 above, we have relied on the exemption from registration set forth in Section
4(a)(2) of the Securities Act of 1933, as amended.
Item 9.01. Financial Statements and Exhibits.
10.1 Form of Promissory Note.
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.
Date: June 6, 2016
||American CareSource Holdings, Inc. |
||/s/ Adam S. Winger|
||Adam S. Winger|
President and CEO
||Form of Promissory Note.|