UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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):
 
April 5, 2012
 
Geeknet, Inc.
(Exact name of registrant as specified in its charter)
 
Delaware
 
000-28369
 
77-0399299
(State or other jurisdiction of incorporation)
 
(Commission File Number)
 
(IRS Employer Identification No.)
 
11216 Waples Mill Road, Suite 100
Fairfax, VA 22030
(Address of principal executive offices, including zip code)
 
(877) 433-5638
(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 (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 240.14d-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

On April 5, 2012, the Company and Industry Ventures Fund VI, L.P. closed a transaction for the sale of the Company’s Series C-1 preferred stock in CollabNet, Inc. The purchase price was Six Million Dollars ($6,000,000.00).

The shares were acquired by Geeknet, Inc. in connection with the Asset Purchase Agreement by and between VA Software Corporation (Geeknet’s predecessor entity) and CollabNet, Inc., dated April 24, 2007 as partial consideration for the sale of the Company’s SourceForge Enterprise Edition software business to CollabNet, Inc. as disclosed on the Company’s Current Report Form 8-K filed with the Securities and Exchange Commission on April 25, 2007.
 
 




 

 
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.
 
 
GEEKNET, INC.
a Delaware corporation
By:
/s/ Kathryn McCarthy
 
 
Kathryn McCarthy
Executive Vice President and Chief Financial Officer

Date:  April 6, 2012