Current Report Filing (8-k)
December 02 2016 - 4:00PM
Edgar (US Regulatory)
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): November 28, 2016
GREAT BASIN SCIENTIFIC, INC.
(Exact name of Registrant as Specified
in Its Charter)
Delaware
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001-36662
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83-0361454
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(State or Other Jurisdiction
of Incorporation)
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(Commission File Number)
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(IRS Employer
Identification No.)
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420 E. South Temple, Suite 520, Salt
Lake City, UT
(Address of principal executive offices)
84111
(Zip code)
(801) 990-1055
(Registrant’s telephone number,
including area code)
N/A
(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 Instructions
A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 3.02 Unregistered Sales of Equity Securities
On November 28 and 29, 2016, certain holders
of the Series F Convertible Preferred Stock (“Preferred Stock’) were issued shares of the Company’s common stock
pursuant to Section 3(a)(9) of the United States Securities Act of 1933, (as amended) in connection with the mandatory conversion
of the Preferred Stock under the terms of the Certificate of Designations for the Preferred Stock. In connection with the mandatory
conversions, the Company issued 20,400,000 shares of common stock upon the conversion of 408 shares of Preferred Stock at a conversion
price of $0.02 per share.
As previously disclosed, the Company mandatorily
converted 2,098 of the Preferred Stock into approximately 104.9 million shares of our common stock, at a conversion price of $0.02
per share. All of these mandatorily converted shares of Preferred Stock have now been converted into shares of common stock.
The Company previously filed an 8-K on
November 25, 2016 and reported 179,483,055 shares of common stock outstanding therefore as of December 2, 2016 there are 199,883,055
shares of common stock issued and outstanding.
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.
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GREAT BASIN SCIENTIFIC, INC.
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Date: December 2, 2016
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By:
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/s/ Ryan Ashton
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Ryan Ashton
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President and Chief Executive Officer
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