Current Report Filing (8-k)
December 26 2017 - 04:16PM
Edgar (US Regulatory)
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):
December 26, 2017
(December 26, 2017)
Nxt-ID,
Inc.
(Exact
name of registrant as specified in its charter)
Delaware
|
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000-54960
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46-0678374
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(State
or other jurisdiction
of incorporation)
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|
(Commission
File Number)
|
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(IRS
Employer
Identification No.)
|
Nxt-ID,
Inc.
285
North Drive
Suite
D
Melbourne,
FL 32934
(Address
of principal executive offices) (Zip Code)
Registrant's
telephone number, including area code:
(203) 266-2103
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)
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☒
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other
Events.
On
December 26, 2017, the Company closed
its previously announced registered direct offering
of
an aggregate of 1,750,000 shares (the “Shares”) of the Company’s common stock, par value $0.0001 per
share (the “Common Stock”)
.
The Company sold the Shares
at
a price of $4.00 per share
. The Company received gross proceeds from the offering, before deducting placement agent fees
and other estimated offering expenses payable by the Company, of approximately $7 million. Aegis Capital Corp. acted as the lead
placement agent for the offering. Maxim Group LLC acted as a co-placement agent for the offering.
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.
Date:
December 26, 2017
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NXT-ID,
INC.
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By:
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/s/
Gino M. Pereira
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Name:
Gino M. Pereira
Title:
Chief Executive Officer
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2
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