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 17, 2015
REAL GOODS SOLAR, INC.
(Exact Name of Registrant as Specified in its Charter)
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Colorado |
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001-34044 |
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26-1851813 |
(State or Other Jurisdiction
of Incorporation) |
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(Commission
File Number) |
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(IRS Employer
Identification No.) |
833 West South Boulder Road, Louisville, CO 80027-2452
(Address of Principal Executive Offices, Including Zip Code)
Registrants telephone number, including area code: (303) 222-8300
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):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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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)) |
On May 17, 2015 at 11:59 pm Eastern Time, Real Goods Solar, Inc. (the
Company) consummated a reverse stock split of all outstanding shares of the Companys Class A common stock, par value $0.0001, at a ratio of one-for-twenty, whereby twenty shares of Class A common stock were combined into
one share of Class A common stock. The Company did not decrease its authorized shares of capital stock in connection with the reverse stock split. Immediately following the reverse stock split, there were approximately 4,804,674 shares (not
including whole shares to be issued in lieu of fractional shares of non-record holders) of the Companys Class A common stock issued and outstanding.
On May 18, 2015, the Company issued a press release announcing the consummation of the reverse stock split, a copy of which is attached hereto as Exhibit
99.1 and incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
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Exhibit No. |
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Description |
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99.1 |
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Press Release issued by Real Goods Solar, Inc. on May 18, 2015 |
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.
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REAL GOODS SOLAR, INC. |
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By: |
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/s/ Dennis Lacey |
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Dennis Lacey |
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Chief Executive Officer and Acting Principal Financial Officer |
Date: May 18, 2015
EXHIBIT INDEX
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Exhibit No. |
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Description |
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99.1 |
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Press Release issued by Real Goods Solar, Inc. on May 18, 2015 |
Exhibit 99.1
RGS Energy 1-for-20 Reverse Stock Split Effective Today
LOUISVILLE, CO, May 18, 2015 RGS Energy (NASDAQ: RGSE), one of the nations leading rooftop installers of solar equipment, announced
that the 1-for-20 reverse split of its Class A common stock will be effective today at the open of the U.S. markets.
Shares of RGS Energy
Class A common stock will begin trading on a split-adjusted basis today on the NASDAQ Capital Market under the same symbol, RGSE. However, it will receive a new CUSIP number: 75601N203.
The effect of the reverse stock split will be to combine each 20 shares of outstanding common stock into one new share, with no change in par value per share,
and to reduce the number of shares outstanding from approximately 96 million to 4.8 million.
No fractional shares will be issued in connection with
the reverse split. Shareholders who would otherwise hold a fractional share of Real Goods Class A common stock will have their shares rounded up to the nearest whole share.
Holders of shares of Real Goods Class A common stock held in book-entry form or through a bank, broker or other nominee do not need to take any action in
connection with the reverse split, and will see the result of the reverse split automatically reflected in their accounts. Beneficial holders may contact their bank, broker or nominee for more information.
For those few shareholders who hold physical stock certificates, the companys transfer agent, Computershare, Inc., will send instructions for exchanging
those certificates for new certificates that represent the post-split number of shares. Computershare can be contacted at (855) 396-2084.
About
RGS Energy
RGS Energy (NASDAQ: RGSE) is one of the nations leading rooftop installers of solar equipment, serving residential and small business
customers in the mainland U.S. and Hawaii. Beginning with one of the very first photovoltaic panels sold in 1978, the company has installed tens of thousands solar power systems. RGS Energy makes it very convenient for customers to save on their
energy bill by providing a comprehensive solar solution, from design, financing, permitting and installation to ongoing monitoring, maintenance and support.
For more information, visit RGSEnergy.com, on Facebook at www.facebook.com/rgsenergy and on Twitter at www.twitter.com/rgsenergy. RGS Energy is a trade name
and RGS Energy makes filings with the Securities and Exchange Commission under its official name Real Goods Solar, Inc. For more information about the company, visit www.rgsenergy.com.
Forward-Looking Statements and Cautionary Statements
This press release may contain forward-looking statements that involve risks and uncertainties. Forward-looking statements are neither historical facts nor
assurances of future performance. Instead, they provide our current beliefs, expectations, assumptions and forecasts about future events. The words may, will and similar expressions as they relate to us are intended to
identify such forward-looking statements. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our
control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause actual
results and financial condition to differ materially from those indicated in the forward-looking statements include, without limitation, the factors discussed throughout Part I, Item 1A, Risk Factors and Part II, Item 7, Managements
Discussion and Analysis of Financial Conditions and Results of Operations of our Annual Report on Form 10-K for the year ended December 31, 2014.
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Any forward-looking statement made by us in this press release is based only on information currently available
to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future
developments or otherwise. These documents are available on both the EDGAR section of the SECs website at www.sec.gov and the Investor Relations section of the companys website at www.rgsenergy.com
Media and Investor Relations Contact
Ron Both
Liolios Group, Inc.
Tel 1-949-574-3860
RGSE@liolios.com
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