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):
January
7, 2011
Commission
File Number: 0-29923
CUI
Global, Inc.
(Name of
Small Business Issuer in Its Charter)
_______________________
| Colorado | 84-1463284 |
| (State or jurisdiction of | (I.R.S. Employer |
| incorporation or organization) | Identification No.) |
| 20050 SW 112th Avenue, Tualatin, Oregon | 97062 |
| (Address of Principal Executive Offices) | (Zip Code) |
(503)
612-2300
(Registrant’s
telephone number)
__________________________
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):
|
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
240.1 4d-2(b))
|
|
o Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
|
Item
3.02 Unregistered Sales of Equity Securities
During
November 18, 2010 through December 30, 2010, the Company issued 8,100,000 shares
of common stock to twenty eight investors at a price of $0.20 per
share. The Company received total consideration of $1,620,000 in the
offering. The Company did not pay any commissions or underwriting
discounts in connection with this offering.
The
shares issued in this offering were made in reliance upon the exemption from
registration set forth in Section 4(2) of the Securities Act, relating to
sales by an issuer not involving a public offering. Each of the investors was
accredited, including one investor who is a director, officer and employee, one
investor who is an officer and employee and one investor who is an
employee. Each investor was given information concerning the Company
and represented that the securities were being acquired for investment purposes
only. Appropriate restrictive legends were placed on the shares of common
stock.
The
information in this report furnished pursuant to Items 3.02 shall not be deemed
"filed" for purposes of Section 18 of the Exchange Act, or otherwise subject to
liabilities of that section. It may only be incorporated by reference
in another filing under the Securities Act of 1933, as amended, if such
subsequent filing references Items 3.02 of this Form 8-K.
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 thereunto
duly authorized.
Signed
and submitted this 7th day of
January 2011.
| CUI Global, Inc. | |||
|
|
By:
|
/s/ William J. Clough | |
| William J. Clough, CEO/President | |||