<SEC-DOCUMENT>0001299933-16-002527.txt : 20160523
<SEC-HEADER>0001299933-16-002527.hdr.sgml : 20160523
<ACCEPTANCE-DATETIME>20160523163714
ACCESSION NUMBER:		0001299933-16-002527
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20160523
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20160523
DATE AS OF CHANGE:		20160523

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			IDI, Inc.
		CENTRAL INDEX KEY:			0001460329
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-ADVERTISING [7310]
		IRS NUMBER:				770688094
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	333-158336
		FILM NUMBER:		161669507

	BUSINESS ADDRESS:	
		STREET 1:		2650 NORTH MILITARY TRAIL
		STREET 2:		SUITE 300
		CITY:			BOCA RATON
		STATE:			FL
		ZIP:			33431
		BUSINESS PHONE:		5617574000

	MAIL ADDRESS:	
		STREET 1:		2650 NORTH MILITARY TRAIL
		STREET 2:		SUITE 300
		CITY:			BOCA RATON
		STATE:			FL
		ZIP:			33431

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Tiger Media, Inc.
		DATE OF NAME CHANGE:	20121231

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Searchmedia Holdings Ltd
		DATE OF NAME CHANGE:	20091104

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ID ARIZONA CORP.
		DATE OF NAME CHANGE:	20090330
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>htm_53584.htm
<DESCRIPTION>LIVE FILING
<TEXT>
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<TITLE> IDI, Inc. (Form: 8-K) </TITLE>
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		UNITED STATES<BR>
	SECURITIES AND EXCHANGE COMMISSION
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<BR>
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	WASHINGTON, D.C. 20549
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	FORM 8-K
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	CURRENT REPORT
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	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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	Date of Report (Date of Earliest Event Reported):
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	&nbsp;
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	May 23, 2016
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	IDI, Inc.
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<BR>__________________________________________<BR>
	(Exact name of registrant as specified in its charter)
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	&nbsp;
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	&nbsp;
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	Delaware
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	333-158336
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	77-0688094
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_____________________<BR>
	(State or other jurisdiction
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_____________<BR>
	(Commission
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______________<BR>
	(I.R.S. Employer
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	of incorporation)
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	File Number)
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	Identification No.)
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	&nbsp;&nbsp;
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	&nbsp;
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	&nbsp;
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	2650 North Military Trail, Suite 300, Boca Raton, Florida
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	&nbsp;
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	33431
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_________________________________<BR>
	(Address of principal executive offices)
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	&nbsp;
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___________<BR>
	(Zip Code)
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	Registrant&#146;s telephone number, including area code:
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	&nbsp;
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	561-757-4000
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<FONT SIZE="2">
	Not Applicable
<BR>______________________________________________<BR>
	Former name or former address, if changed since last report
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<FONT SIZE="2">
	&nbsp;
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<!-- CoverPageRegistrant END --><P><FONT SIZE="2">
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:</FONT>
</P>
<P><FONT SIZE="2">
[&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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<B>
	Item 8.01 Other Events.
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This Current Report on Form 8-K is being filed for the sole purpose of filing as an exhibit an opinion (the "Opinion") delivered to IDI, Inc. (the "Company") by Akerman LLP in connection with the previously announced sale by the Company of 1,000,000 shares of the Company's common stock, par value $0.0005 per share, which sale closed today. The Opinion is being filed herewith in accordance with the requirements of Item 601(b)(5) of Regulation S-K under the Securities Act of 1933 and is incorporated by reference into the Company's Registration Statement on Form S-3 (Registration No. 333-205614).
</FONT>
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<B>
	Item 9.01 Financial Statements and Exhibits.
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<FONT SIZE="2">
Exhibit No.	Exhibit<br><br>5.1	Opinion of Akerman LLP.<br>
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<B>
	SIGNATURES
</B>
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	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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	&nbsp;
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	&nbsp;
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	&nbsp;
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	IDI, Inc.
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	&nbsp;&nbsp;
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	&nbsp;
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<I>
	May 23, 2016
</I>
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	&nbsp;
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<I>
	By:
</I>
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<FONT SIZE="2">
	&nbsp;
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<FONT SIZE="2">
<I>
	/s/ Derek Dubner
</I>
<BR>
</FONT>
</TD>
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	&nbsp;
</FONT>
</TD>
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	&nbsp;
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<FONT SIZE="2">
	&nbsp;
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<FONT SIZE="2">
	&nbsp;
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	&nbsp;
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	&nbsp;
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	&nbsp;
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<FONT SIZE="2">
	&nbsp;
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<I>
	Name: Derek Dubner
</I>
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	&nbsp;
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	&nbsp;
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	&nbsp;
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<I>
	Title: CEO
</I>
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	Exhibit&nbsp;Index
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	Exhibit No.
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	Description
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	5.1
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	&nbsp;
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<FONT SIZE="2">
Opinion of Akerman LLP.
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<TYPE>EX-5.1
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<DESCRIPTION>EX-5.1
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<P align="right" style="font-size: 10pt"><FONT style="font-size: 10pt">&nbsp;</FONT>



<P align="left" style="font-size: 10pt"><U><B>Exhibit&nbsp;5.1</B></U>


<P align="left" style="font-size: 10pt">May&nbsp;23, 2016

&nbsp;

<P align="left" style="font-size: 10pt">IDI, Inc.
<BR>
2650 North Military Trail
<BR>
Suite&nbsp;300
<BR>
Boca Raton, Florida 33431

&nbsp;

<P align="left" style="font-size: 10pt; text-indent: 4%">Re: Common Stock registered under Registration Statement on Form&nbsp;S-3

&nbsp;

<P align="left" style="font-size: 10pt">Ladies and Gentlemen:

&nbsp;

<P align="left" style="font-size: 10pt; text-indent: 4%">We have acted as counsel to IDI, Inc., a Delaware corporation (the &#147;Company&#148;), in connection
with the Securities Purchase Agreement dated May&nbsp;17, 2016 (the &#147;Agreement&#148;) by and between the
Company and Chardan Capital Markets, LLC, and the investors signatories thereto (the &#147;Investors&#148;),
relating to the sale by the Company to the Investors of 1,000,000 shares (the &#147;Shares&#148;) of the
Company&#146;s common stock, par value $0.0005 per share (the &#147;Common Stock&#148;).

&nbsp;

<P align="left" style="font-size: 10pt; text-indent: 4%">This opinion is being delivered in accordance with the requirements of Item&nbsp;601(b)(5) of
Regulation&nbsp;S-K under the Securities Act of 1933, as amended (the &#147;Securities Act&#148;).

&nbsp;

<P align="left" style="font-size: 10pt; text-indent: 4%">In connection with this opinion, we have examined originals or copies, certified or otherwise
identified to our satisfaction, of the following:


<P align="left" style="font-size: 10pt; text-indent: 4%"><FONT style="font-size: 12pt">1. </FONT><FONT style="font-size: 10pt">Certificate of Incorporation of the Company, as amended, as certified by the
Delaware Secretary of State on May&nbsp;19, 2016;
</FONT>

<P align="left" style="font-size: 10pt; text-indent: 4%"><FONT style="font-size: 12pt">2. </FONT><FONT style="font-size: 10pt">Bylaws of the Company, as amended, as certified by the Secretary of the Company
on May&nbsp;20, 2016;
</FONT>

<P align="left" style="font-size: 10pt; text-indent: 4%"><FONT style="font-size: 12pt">3. </FONT><FONT style="font-size: 10pt">The Agreement;
</FONT>

<P align="left" style="font-size: 10pt; text-indent: 4%"><FONT style="font-size: 12pt">4. </FONT><FONT style="font-size: 10pt">Registration Statement on Form S-3 (Registration No.&nbsp;333-205614) as filed by the
Company with the Securities and Exchange Commission (the &#147;Commission&#148;) on July&nbsp;10, 2015 (as such
registration statement became effective on July&nbsp;21, 2015, the &#147;Registration Statement&#148;) pursuant to
the Securities Act;
</FONT>

<P align="left" style="font-size: 10pt; text-indent: 4%"><FONT style="font-size: 12pt">5. </FONT><FONT style="font-size: 10pt">The prospectus supplement, dated May&nbsp;17, 2016, in the form filed with the
Commission on May&nbsp;18, 2016 pursuant to Rule&nbsp;424(b)(5) promulgated under the Securities Act (the
&#147;Prospectus Supplement&#148;), together with the base prospectus dated July&nbsp;21, 2015;
</FONT>

<P align="left" style="font-size: 10pt; text-indent: 4%"><FONT style="font-size: 12pt">6. </FONT><FONT style="font-size: 10pt">Draft minutes of the Board of Directors of the Company at a meeting held on May
16, 2016 approving the Agreement.
</FONT>

<P align="left" style="font-size: 10pt; text-indent: 4%">We have also examined originals or copies, certified or otherwise identified to our
satisfaction, of such records of the Company and such agreements, certificates and receipts of
public officials, certificates of officers or other representatives of the Company and others, and
such other documents as we have deemed necessary or appropriate as a basis for the opinions stated
below.

&nbsp;

<P align="left" style="font-size: 10pt; text-indent: 4%">In our examination, we have assumed the genuineness of all signatures, including endorsements,
the legal capacity and competency of all natural persons, the authenticity of all documents
submitted to us as originals, the conformity to original documents of all documents submitted to us
as facsimile, electronic, certified or photostatic copies, and the authenticity of the originals of
such copies. In making our examination of executed documents, we have assumed (i)&nbsp;that the parties
thereto, other than the Company, had the power, corporate or other, to enter into and perform all
obligations thereunder and (ii)&nbsp;the due authorization by all requisite action, corporate or other,
and the execution and delivery by such parties of such documents, and the validity and binding
effect thereof on such parties.

&nbsp;

<P align="left" style="font-size: 10pt; text-indent: 4%">The opinion expressed below is limited to the federal securities laws of the United States of
America and the corporate laws of the State of Delaware and we express no opinion as to the effect
on the matters covered by the laws of any other jurisdiction.

&nbsp;

<P align="left" style="font-size: 10pt; text-indent: 4%">Based upon and subject to the foregoing, we are of the opinion that when the Shares have been
delivered to and paid for by the Investors as contemplated by the Agreement, the Shares will be
duly authorized, validly issued, fully paid and non-assessable.

&nbsp;

<P align="left" style="font-size: 10pt; text-indent: 4%">We hereby consent to the filing of this opinion with the Commission as an exhibit to the
Company&#146;s Current Report on Form 8-K being filed on the date hereof and incorporated by reference
into the Registration Statement. We also hereby consent to the reference to our firm under the
caption &#147;Legal Matters&#148; in the Prospectus Supplement. In giving this consent, we do not thereby
admit that we are within the category of persons whose consent is required under Section&nbsp;7 of the
Securities Act or the rules and regulations of the Commission promulgated thereunder. This opinion
is expressed as of the date hereof unless otherwise expressly stated, and we disclaim any
undertaking to advise you of any subsequent changes in the facts stated or assumed herein or of any
subsequent changes in applicable laws.

&nbsp;
&nbsp;

<P align="left" style="font-size: 10pt">Very truly yours,

&nbsp;
&nbsp;
&nbsp;

<P align="left" style="font-size: 10pt"><B>/s/ AKERMAN LLP</B>



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