Annual Reports

 
Quarterly Reports

 
8-K

  • 8-K (Mar 29, 2012)
  • 8-K (Feb 24, 2012)
  • 8-K (Feb 9, 2012)
  • 8-K (Nov 22, 2011)
  • 8-K (Nov 7, 2011)
  • 8-K (Oct 31, 2011)

 
Other

Beacon Power 8-K 2009

Documents found in this filing:

  1. 8-K
  2. Ex-5.1
  3. Graphic
  4. Graphic
  5. Graphic
  6. Graphic
Unassociated Document
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):  March 20, 2009
 
BEACON POWER CORPORATION
(Exact Name of Registrant as Specified in Charter)
 
Delaware
(State or Other Jurisdiction of Incorporation)
000-31973
(Commission File Number)
04-3372365
(IRS Employer Identification No.)
     
65 Middlesex Road
Tyngsboro, Massachusetts 01879
(Address of Principal Executive Offices)  (Zip Code)
 
(978) 694-9121
(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:
 
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 

 
Item 8.01  Other Events>.
 
As previously disclosed in a Form 8-K on February 20, 2009, Beacon Power Corporation (the “Company” or “Beacon”) entered into a Common Stock Purchase Agreement (the “Agreement”) whereby the Company agreed to issue to Seaside 88, LP (“Seaside”) and Seaside agreed to buy $1 million worth of shares of Beacon Common Stock once each month at a monthly closing on the 20th day of each month (or if that day is not a business day, then on the next business day) for a period of six months commencing on February 20, 2009 at a purchase price equal to 80% of the volume weighted average trading prices of the Company’s common stock, par value $0.01 per share (the “Common Stock”) during the five-day period immediately preceding each monthly issuance, but in no event below $0.20 per share.  Accordingly, on March 20, 2009 Seaside purchased 2,896,200 shares of the Company’s Common Stock at a price per share of $0.4316 having an aggregate value of $1,000,000 and, pursuant to the Agreement, the Company paid Seaside $9,000 in non-accountable expenses.
 
Item 9.01  Financial Statements and Exhibits.
 
(d) 
Exhibits
 
 
5.1
Opinion of Edwards Angell Palmer & Dodge LLP
 
23.2 
Consent of Edwards Angell Palmer & Dodge LLP (contained in Exhibit 5.1)
 


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.
 
  BEACON POWER CORPORATION  
       
Dated: March 20, 2009
By:
/s/ James M. Spiezio  
    James M. Spiezio  
    Chief Financial Officer  
       
 

 
EXHIBIT INDEX
 
Exhibit
   No.    
Description
   
5.1 
Opinion of Edwards Angell Palmer & Dodge LLP
 
23.2 
Consent of Edwards Angell Palmer & Dodge LLP (contained in Exhibit 5.1)
 

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki