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
June 2, 2000
Date of Report (Date of earliest event reported)
FRISBY TECHNOLOGIES, INC.
(Exact name of Registrant as specified in its charter)
Delaware 001-14005 62-1411534
(State or other jurisdiction (Commission File No.) (IRS Employee
of incorporation) Identification Number)
3195 Centre Park Boulevard
Winston-Salem, North Carolina 27107
(Address of Principal Executive Office)
(336) 784-7754
(Registrant's telephone number, including area code)
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Item 5. Other Events
Frisby Technologies, Inc. (the "Company") announced on June 2, 2000 that it
has completed a $4 million financing through a private placement. Investors
participating in the private placement include MUSI Investment SA, a significant
existing long-term investor in the Company; and Schoeller Textil AG, the
Company's partner in Schoeller Frisby Technologies GmbH. The financing has taken
the form of a unit consisting of one share of common stock and a five-year
warrant priced with an exercise price of $7. Each unit is priced at $5.
Reference is made to the Company's related press release attached hereto as
Exhibit 99.01 and incorporated by reference herein (including, without
limitation, the information set forth in the cautionary statement contained in
the final paragraph of the press release).
Item 7. Financial Statements and Exhibits
(c) Exhibits:
99.01 Press Release dated June 2, 2000.
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.
FRISBY TECHNOLOGIES, INC.
Date: June 15, 2000
By: /s/ Gregory S. Frisby
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Name: Gregory S. Frisby
Title: President and Chief Executive Officer
