SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM 8 - K
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
August 29, 2000
(Date of Report)
ALTERNATIVE TECHNOLOGY RESOURCES, INC.
(Exact name of registrant as specified in its charter)
Delaware 0-20468 68-0195770
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
629 J Street, Sacramento, CA 95814
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (916) 231-0400
Item 5. Other Events
On August 28, 2000, the Company closed the sale of $10,000,002 of its
shares of common stock at $3.00 per common stock in private placement. The
Company issued 3,333,334 shares of common stock in the aggregate and received
net proceeds of $9,682,002 after deducting commissions and expenses of $318,000.
Mr. Jeffrey McCormick, the Company's chief executive officer, participated in
the private placement by purchasing 666,667 shares of common stock, and Saturn
Partners Limited Partnership, of which Mr. McCormick is the sole limited
partner, and Saturn Partners LLC, which is owned by Mr. McCormick, is the sole
general partner, participated in the private placement by purchasing 1,666,667
shares of common stock.
Attached is a press release dated August 29, 2000, announcing the sale of
$10 million of common stock through the private placement.
Item 7. Financial Statements and Exhibits
99.1 Press Release
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: September 8, 2000 ALTERNATIVE TECHNOLOGY RESOURCES, INC.
By: /s/ Jeffrey S. McCormick
Jeffrey S. McCormick
Chief Executive Officer
© 2019 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission