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 29, 2016

 

5BARz INTERNATIONAL, INC.

(Exact name of registrant as specified in its charter)

 

Nevada 000-53778 26-4343002
(State or other jurisdiction of (Commission File Number) (IRS Employer Identification No.)
incorporation)    

 

9444 Waples Street, Suite 140

San Diego, California

92121

(Address of principal executive offices)

 

(877) 723-7255

Registrant’s telephone number, including area code

 

 

(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:

 

[      ] 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))

 


 

 
 

Section 3 - Securities and Trading Markets

 

Item 3.02 Unregistered Sales of Equity Securities.

 

During the period March 7, 2016 (the last date of reporting the unregistered sale of equity securities in the Company’s unaudited interim report) to March 28, 2016 the Company completed the sale of 22,200,000 units at a price of $0.05 per unit for aggregate cash proceeds of $1,110,000. Each unit is comprised of one share and one share purchase warrant to acquire a second share at a price of $0.20 per share acquired, with a two year term on the attached warrant.

 

The securities are sold by the Company without discount or commissions paid on the sales, pursuant to rule 506 exemption from registration, to accredited investors. The offering represents 6% of the total issued and outstanding shares of the Company sold to 10 investors, for additional working capital to the Company of $1,110,000.

 

 

Item 9.01                    Financial Statements and Exhibits
 

Exhibit

Number               Description 
 

99.1 Press release dated March 29, 2016.

 

 

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. 

 

 

5BARz INTERNATIONAL, INC.

(Registrant)

 
       
Date: March 29, 2016 By: /s/ Daniel Bland  
    Name: Daniel Bland  
    Title: Chief Executive Officer      
       
    /s/ Gil Amelio  
    Name: Gil Amelio  
    Title: Chairman of the Board