Current Report Filing (8-k)
October 04 2017 - 5:01PM
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):
October 4, 2017
LONG
ISLAND ICED TEA CORP.
(Exact
Name of Registrant as Specified in Charter)
Delaware
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001-37808
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47-2624098
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(State
or Other Jurisdiction
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(Commission
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(IRS
Employer
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of
Incorporation)
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File
Number)
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Identification
No.)
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12-1
Dubon Court, Farmingdale, NY 11735
(Address
of Principal Executive Offices) (Zip Code)
(855)
542-2832
(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 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))
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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 [X]
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. [X]
On
October 4, 2017, Long Island Iced Tea Corp. (the “
Company
”) consummated its public offering (the “
Offering
”)
of an aggregate of 607,500 shares (the “
Shares
”) of the Company’s common stock, par value $0.0001 per
share, at a price of $2.05 per Share. The Shares were sold pursuant to subscription agreements by and between the Company and
each of the purchasers in the Offering.
Each
purchaser in the offering also received a warrant (a “
Warrant
”) to purchase 50% of the number of Shares for
which such investor subscribed in the Offering (or a total aggregate number of shares underlying such Warrants equal to 303,750
shares). The Warrants have an exercise price of $2.40 per share, subject to adjustment, and expire one year from the closing of
the Offering.
The
Offering generated total net proceeds, after payment of offering expenses, of approximately $1.2 million. The press release announcing
the consummation of the Offering is attached hereto as Exhibit 99.1.
Item
9.01.
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Financial
Statement and Exhibits.
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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.
Dated:
October 4, 2017
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LONG
ISLAND ICED TEA CORP.
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By:
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/s/
Philip Thomas
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Name:
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Philip Thomas
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Title:
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Chief
Executive Officer
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