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EX-10.2 - FORM OF WARRANT - EVO Transportation & Energy Services, Inc.f8k053117ex10ii_minnshares.htm
EX-10.1 - FORM OF SUBSCRIPTION AGREEMENT - EVO Transportation & Energy Services, Inc.f8k053117ex10i_minnshares.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): May 31, 2017

 

Minn Shares Inc.

(Exact name of registrant as specified in its charter)

 

Delaware   000-54218   37-1615850

(State or other jurisdiction

of incorporation)

 

(Commission File Number)

 

(I.R.S. Employer

Identification No.)

 

315 E. Lake St. Suite 301, Wayzata, MN 55391

(Address of principal executive offices)

 

877-973-9191

Registrant’s 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 registration 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 1.01Entry into a Material Definitive Agreement.

 

The information set forth under item 3.02 of this current report on Form 8-K regarding the subscription agreements and related warrants is incorporated herein by reference.

 

Item 3.02Unregistered Sales of Equity Securities.

 

On May 31, 2017, Minn Shares Inc. (the “Company”) sold Units (the “Units”) at a price of $3.00 per Unit pursuant to the terms of a subscription agreement with certain accredited investors. Each Unit consists of (i) one share of the Company’s common stock, par value $0.0001 per share (“Common Stock”), and (ii) a warrant to purchase one share of Common Stock at an exercise price of $5.00 per share exercisable for five years from the date of issuance. The Company sold a total of 103,334 Units for aggregate gross proceeds of $309,999. The Company paid commissions of $30,000 in connection with the sale of these Units.

 

The Units were offered and sold as part of a private placement solely to “accredited investors” as that term is defined under Rule 501(a) under the Securities Act of 1933, as amended (the “Securities Act”), pursuant to exemptions from the registration requirements of the Securities Act afforded by Section 4(a)(2) and Rule 506 of Regulation D promulgated thereunder.

 

The foregoing summary of the material terms of the subscription agreement and warrant is not complete and is qualified in its entirety by reference to the form of subscription agreement and form of warrant included as exhibits to this current report on Form 8-K.

 

Rule 135c Notice

 

The Units offered in the private placement have not been registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. The disclosure within this current report on Form 8-K is being made pursuant to and in accordance with Rule 135c under the Securities Act. As required by Rule 135c, this report does not constitute an offer to sell or the solicitation of an offer to buy securities, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.

 

Item 9.01Financial Statements and Exhibits.

 

  (d) Exhibits: The following exhibits are filed as part of this report:

 

Exhibit No.

  Description

10.1

  Form of Subscription Agreement.

10.2

  Form of Warrant.

 

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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.

 

Dated: June 6, 2017    

 

By:

/s/ John P. Yeros

  Its: Chief Executive Officer

 

 3 

 

 

EXHIBIT INDEX

 

Exhibit No.   Description

10.1

  Form of Subscription Agreement.

10.2

  Form of Warrant.

 

 

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