UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(D) OF THE
THE
SECURITIES EXCHANGE ACT OF 1934
Date
of report (Date of earliest event reported): December 7, 2023
SIGMA
ADDITIVE SOLUTIONS, INC.
(Exact
name of registrant as specified in its charter)
| Nevada |
|
001-38015 |
|
27-1865814 |
(State
or other jurisdiction of
incorporation
or organization) |
|
(Commission
File
Number) |
|
(I.R.S.
Employer
Identification
No.) |
3900
Paseo del Sol
Santa
Fe, New Mexico 87507
(Address
of Principal Executive Offices) (Zip Code)
Registrant’s
telephone number, including area code: (505) 438-2576
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):
| ☐ |
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)) |
Securities
registered pursuant to Section 12(b) of the Act:
| Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
| Common
Stock, par value $0.001 per share |
|
SASI |
|
The
NASDAQ Stock Market LLC |
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 7, 2023, Sigma Additive Solutions, Inc. (“we,” “us,” “our,”
or the “company”) issued a press release (the “Press Release”) regarding the availability of the definitive
proxy statement (the “Definitive Proxy Statement”) for our Annual Meeting of Stockholders to be held on December
28, 2023. A copy of the press release is included as Exhibit 99.1 and incorporated herein by reference.
Item
9.01 Financial Statements and Exhibits.
(d)
Exhibits
See
the accompanying Index to Exhibits, which information is incorporated herein by reference.
Additional Information
Sigma filed the Definitive
Proxy Statement with the Securities and Exchange Commission on December 1, 2023 in connection with our proposed acquisition (the “Acquisition”)
of NextTrip pursuant to the Share Exchange Agreement, dated as of October 12, 2023, by and among Sigma, NextTrip and other parties,
and we have mailed the Definitive Proxy Statement and other relevant documents to our stockholders as of the record date established
for voting on the Acquisition-related matters and other proposals described in the Definitive Proxy Statement. Such stockholders may
also obtain copies of the Definitive Proxy Statement, without charge, at the SEC’s website at http://www.sec.gov. This
communication does not contain all the information that should be considered concerning the proposed Acquisition. It is not intended
to provide the basis for any investment decision, vote or approval or any other decision in respect to the Acquisition. Sigma’s
stockholders and other interested persons are advised to read the Definitive Proxy Statement as these materials contain important information
about Sigma, NextTrip and the proposed Acquisition.
Participants in
the Solicitation
Sigma and its directors,
executive officers, other members of management, and employees, under SEC rules, may be deemed to be participants in the solicitation
of proxies of Sigma’s stockholders in connection with the proposed Acquisition. Investors and security holders may obtain more
detailed information regarding the names and interests in the proposed Acquisition of Sigma’s directors and officers in the Definitive Proxy Statement.
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 7, 2023 |
SIGMA
ADDITIVE SOLUTIONS, INC. |
| |
|
|
| |
By:
|
/s/
Jacob Brunsberg |
| |
Name:
|
Jacob
Brunsberg |
| |
Title: |
President
and Chief Executive Officer |
INDEX
TO EXHIBITS
Exhibit
99.1
Sigma
Additive Solutions Announces Filing of Definitive Proxy Statement Relating to Proposed Acquisition and Shareholder Vote
Annual
Meeting of Sigma Additive Solutions Shareholders will be Held on December 28, 2023, at 10:00 a.m. MT
Shareholders
as of the Close of Business on the Record Date of November 20, 2023, are Encouraged to Vote, Including on Key Items Relating to the Acquisition
of NextTrip Holdings, Inc.
For
More Information, Sigma’s Shareholders are Encouraged to Carefully Read the Entire Definitive Proxy Statement Filed in Connection
with the Proposed Acquisition
Santa
Fe, NM – December 7, 2023 – Sigma Additive Solutions, Inc. (NASDAQ:SASI) (“Sigma”, “we,”
“our,” or the “Company”), a provider of quality assurance software to the commercial 3D printing industry, today
announced that its definitive proxy statement (the “Proxy Statement”) relating to the previously announced proposed acquisition
(the “Acquisition”) of NextTrip Holdings, Inc., a travel technology company based in Sunrise, Florida (“NextTrip”),
was filed with the U.S. Securities and Exchange Commission (the “SEC”) on December 1, 2023. As previously announced on October
13, 2023, Sigma will acquire 100% of the capital stock of NextTrip in exchange for shares of Sigma common stock constituting 19.99% of
its outstanding common stock plus additional contingent shares of Sigma common stock upon the achievement of post-closing milestone earnouts
tied to the business performance of NextTrip.
Annual
Meeting and Record Date
Several
proposals relating to the Acquisition and other matters will be considered at the Sigma Annual Meeting of Stockholders (the “Annual
Meeting”), which will be held virtually, via live webcast on December 28, 2023, at 10:00 a.m. Mountain Time. You will be able to
attend the Annual Meeting by first registering at http://www.viewproxy.com/Sigma/2023/htype.asp no later than December 27, 2023,
at 11:59 p.m. Eastern Time. After registering, you will receive a meeting invitation and password via e-mail with your unique link to
join the meeting. Stockholders will be able to listen, vote and submit questions during the virtual Annual Meeting.
To
vote online during the Annual Meeting, follow the provided instructions to join the meeting at http://www.viewproxy.com/Sigma/2023/htype.asp,
starting at 10:00 a.m. Mountain Time on December 28, 2023. The webcast will open 15 minutes before the start of the Annual Meeting.
To
vote in advance of the Annual Meeting through the internet, go to www.FCRVote.com/SASI to complete an electronic proxy card. You will
be asked to provide the company number and control number from the Notice or the printed proxy card. Your internet vote must be received
by 11:59 p.m. Eastern Time on December 27, 2023 to be counted.
To
vote in advance of the Annual Meeting by telephone, dial 1-866-402-3905 and follow the recorded instructions. You will be asked to provide
the company number and control number from the Notice or the printed proxy card. Your telephone vote must be received by 11:59 p.m. Eastern
Time on December 27, 2023 to be counted.
How
to Find It
INVESTORS
AND SIGMA SECURITY HOLDERS ARE URGED TO CAREFULLY READ THE DEFINITIVE PROXY STATEMENT AND OTHER DOCUMENTS FILED BY SIGMA WITH
THE SEC BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED ACQUISITION. Investors and Sigma security holders may obtain free
copies of these documents at the SEC’s web site at www.sec.gov/edgar/searchedgar/companysearch.html or by contacting the
Sigma Additive Solutions Contact below.
Participants
in the Solicitation
Sigma
and its directors and executive officers may be deemed participants in the solicitation of proxies with respect to the proposed transaction.
Information regarding the interests of the directors and executive officers in the proposed transaction is included in the definitive
proxy statement described above.
About
Sigma Additive Solutions
Sigma
Additive Solutions, Inc. is a provider of in-process quality assurance (IPQA™) solutions to the additive manufacturing industry.
Sigma specializes in the development and commercialization of real-time monitoring and analytics known as PrintRite3D® for 3D metal
and polymer advanced manufacturing technologies. PrintRite3D detects and classifies defects and anomalies real-time during the manufacturing
process, enabling significant cost-savings and production efficiencies by reducing waste, increasing yield, and shortening cycle times.
Sigma believes its software solutions may be a major catalyst for the acceleration and adoption of industrial 3D printing.
Forward-Looking
Statements
This
press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended (which Sections were adopted as part of the Private Securities Litigation
Reform Act of 1995). Statements preceded by, followed by or that otherwise include the words “believe,” “anticipate,”
“estimate,” “expect,” “intend,” “plan,” “project,” “prospects,”
“outlook,” and similar words or expressions, or future or conditional verbs such as “will,” “should,”
“would,” “may,” and “could” are generally forward-looking in nature and not historical facts. These
forward-looking statements involve known and unknown risks, uncertainties and other factors, including the conduct of the Annual Meeting
of Sigma shareholders and risks relating to the proposed Acquisition. Among the important factors that could cause actual results to
differ materially from those indicated by such forward-looking statements are risks relating to, among other things, Sigma’s ability
to obtain shareholder approval of the NextTrip transaction and other conditions to completion of the acquisition or, failing that, to
implement a possible alternative strategic transaction. Sigma disclaims any intention to, and undertakes no obligation to, revise any
forward-looking statements, whether as a result of new information, a future event, or otherwise. For additional risks and uncertainties
that could impact Sigma’s forward-looking statements, please see disclosures contained in the Proxy Statement and Sigma’s
other filings with the SEC, including the “Risk Factors” in Sigma’s most recent Annual Report on Form 10-K and Quarterly
Report on Form 10-Q, and which may be viewed at www.sec.gov.
Sigma
Additive Solutions Contact
Sigma
stockholders should contact our Chief Financial Officer and Secretary, Frank Orzechowski, via email at frank.orzechowski@sigmaadditive.com
or by telephone at (203) 733-1356 with any questions regarding the Annual Meeting or any of the proposals to be presented at the Annual
Meeting.
Chris
Tyson
Executive
Vice President
MZ
Group - MZ North America
949-491-8235
SASI@mzgroup.us
www.mzgroup.us
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