<SEC-DOCUMENT>0001393905-14-000028.txt : 20140122
<SEC-HEADER>0001393905-14-000028.hdr.sgml : 20140122
<ACCEPTANCE-DATETIME>20140122101717
ACCESSION NUMBER:		0001393905-14-000028
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20140115
ITEM INFORMATION:		Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
ITEM INFORMATION:		Unregistered Sales of Equity Securities
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
FILED AS OF DATE:		20140122
DATE AS OF CHANGE:		20140122

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Heatwurx, Inc.
		CENTRAL INDEX KEY:			0001533743
		STANDARD INDUSTRIAL CLASSIFICATION:	CONSTRUCTION MACHINERY & EQUIP [3531]
		IRS NUMBER:				451539785
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	333-184948
		FILM NUMBER:		14539357

	BUSINESS ADDRESS:	
		STREET 1:		6041 SOUTH SYRACUSE WAY
		STREET 2:		SUITE 315
		CITY:			GREENWOOD VILLAGE
		STATE:			CO
		ZIP:			80111
		BUSINESS PHONE:		303-532-1641

	MAIL ADDRESS:	
		STREET 1:		6041 SOUTH SYRACUSE WAY
		STREET 2:		SUITE 315
		CITY:			GREENWOOD VILLAGE
		STATE:			CO
		ZIP:			80111
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>hwux_8k.htm
<DESCRIPTION>CURRENT REPORT
<TEXT>
<HTML>
<head><title>8K</title> </head> <body style="MARGIN-TOP:0px; FONT-FAMILY:Times New Roman; COLOR:#000000; FONT-SIZE:10pt"> <p style=MARGIN:0px align=center><b>UNITED STATES</b></p> <p style=MARGIN:0px align=center><b>SECURITIES AND EXCHANGE COMMISSION</b></p> <p style=MARGIN:0px align=center><b>WASHINGTON, D.C. &nbsp;20549</b></p> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px align=center><b>FORM 8-K</b></p> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px align=center>CURRENT REPORT</p> <p style=MARGIN:0px align=center>PURSUANT TO SECTION 13 OR 15(d) OF THE</p> <p style=MARGIN:0px align=center>SECURITIES EXCHANGE ACT OF 1934</p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=center>Date of report (Date of earliest event reported)<b> &nbsp;&nbsp;January 15, 2014</b></p> <p style=MARGIN:0px align=justify><br></p> <p style="MARGIN:0px; FONT-SIZE:18pt" align=center><b>Heatwurx, Inc.</b></p> <p style=MARGIN:0px align=center>(Exact Name of Registrant as Specified in its Charter)</p> <p style=MARGIN:0px><br></p> <table bordercolor=transparent style="MARGIN-TOP:0px; FONT-SIZE:10pt" cellpadding=0 cellspacing=0 align=center> <tr height=0 style=FONT-SIZE:0px> <td width=212> <td width=212> <td width=212 /> </tr><tr> <td width=212 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=center><b>Delaware</b></p></td> <td width=212 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=center><b>333-184948</b></p></td> <td width=212 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=center><b>45-1539785</b></p></td></tr> <tr> <td width=212 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=center>(State or Other Jurisdiction</p> <p style=MARGIN:0px align=center>of Incorporation)</p></td> <td width=212 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=center>(Commission File Number)</p></td> <td width=212 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=center>(IRS Employer Identification No.)</p></td></tr></table> <p style=MARGIN:0px><br></p> <table bordercolor=transparent style="MARGIN-TOP:0px; FONT-SIZE:10pt" cellpadding=0 cellspacing=0 align=center> <tr height=0 style=FONT-SIZE:0px> <td width=392> <td width=73 /> </tr><tr> <td width=392 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=center><b>6041 South Syracuse Way, Suite 315</b>, <b>Greenwood Village, CO</b></p></td> <td width=73 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=center><b>80111</b></p></td></tr> <tr> <td width=392 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=center>(Address of Principal Executive Offices)</p></td> <td width=73 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=center>(Zip Code)</p></td></tr></table> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px align=center>Registrant&#146;s telephone number, including area code: &nbsp;<font style=FONT-SIZE:9.5pt><b>(303) 532-1641</b></font></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify>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:</p> <p style=MARGIN:0px align=justify><br></p> <p style="MARGIN-TOP:0px; TEXT-INDENT:48px; WIDTH:96px; MARGIN-BOTTOM:-2px; FLOAT:left">[ &nbsp;]</p> <p style="TEXT-INDENT:-2px; MARGIN:0px; PADDING-LEFT:96px">Written communications pursuant to Rule 425 under the Securities Act</p> <p style="MARGIN:0px; CLEAR:left"><br></p> <p style="MARGIN-TOP:0px; TEXT-INDENT:48px; WIDTH:96px; MARGIN-BOTTOM:-2px; FLOAT:left">[ &nbsp;]</p> <p style="TEXT-INDENT:-2px; MARGIN:0px; PADDING-LEFT:96px">Soliciting material pursuant to Rule 14a-12 under the Exchange Act</p> <p style="MARGIN:0px; CLEAR:left"><br></p> <p style="MARGIN-TOP:0px; TEXT-INDENT:48px; WIDTH:96px; MARGIN-BOTTOM:-2px; FLOAT:left">[ &nbsp;]</p> <p style="TEXT-INDENT:-2px; MARGIN:0px; PADDING-LEFT:96px">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act</p> <p style="MARGIN:0px; CLEAR:left"><br></p> <p style="MARGIN-TOP:0px; TEXT-INDENT:48px; WIDTH:96px; MARGIN-BOTTOM:-2px; FLOAT:left">[ &nbsp;]</p> <p style="TEXT-INDENT:-2px; MARGIN:0px; PADDING-LEFT:96px">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act</p> <p style="MARGIN:0px; CLEAR:left" align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br><br></p> <hr size=1 noshade style="MARGIN-BOTTOM:9px; PADDING-TOP:9px"> <p style="PAGE-BREAK-BEFORE:always; MARGIN:0px" align=justify><br></p> <p style="MARGIN-TOP:0px; WIDTH:96px; MARGIN-BOTTOM:-2px; FLOAT:left"><b>Item 2.03</b></p> <p style="TEXT-INDENT:-2px; MARGIN:0px; PADDING-LEFT:96px" align=justify><b>Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.</b></p> <p style="MARGIN:0px; CLEAR:left" align=justify><br></p> <p style=MARGIN:0px align=justify>In connection with the Loan Agreement dated January 6, 2014, disclosed in the report on Form 8-K filed with the Commission on January 9, 2014, Heatwurx, Inc. (the &#147;<b>Company</b>&#148;) issued two additional promissory notes for $50,000 each for funds received on January 15, 2014.</p> <p style=MARGIN:0px align=justify><br></p> <p style="MARGIN-TOP:0px; WIDTH:96px; MARGIN-BOTTOM:-2px; FLOAT:left"><b>Item 3.02 </b></p> <p style="TEXT-INDENT:-2px; MARGIN:0px" align=justify><b>Unregistered Sales of Equity Securities.</b></p> <p style="MARGIN:0px; CLEAR:left" align=justify><br></p> <p style=MARGIN:0px align=justify>In connection with the Company&#146;s $1,000,000 debt financing through the sale of notes and warrants (collectively the &#147;<b>Securities</b>&#148;) under the Loan Agreement disclosed in the report on Form 8-K filed by the Company with the Commission on January 9, 2014, on January 15, 2014, the Company issued two Notes in the principal amount of $50,000 each and issued 16,667 warrants each to the two investors in return for loaned funds in an aggregate of $100,000 received by the Company on January 15, 2014. The Securities were sold without registration under the Securities Act by reason of the exemption from registration afforded by the provisions of Section 4(a)(5) and Section 4(a)(2) thereof, and Rule 506(b) promulgated thereunder, as a transaction by an issuer not involving any public offering. Each of the investors was an &#147;accredited investor&#148; as defined in Rule 501(a) of Regulation D promulgated by the Commission. &nbsp;&nbsp;Each delivered appropriate investment representations with respect to the transaction and consented to the imposition of restrictive legends upon the share and warrant certificates representing the Securities. &nbsp;Each person was afforded the opportunity to ask questions of the Company&#146;s management and to receive answers concerning the terms and conditions of the transaction. &nbsp;No selling commissions or other remuneration was paid in connection with the sale of the Securities.</p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify>On January 15, 2014, the Company received $99,996 from an initial investor in its current offering of up to 772,352 units (the &#147;<b>Units</b>&#148;) at $3.00 per Unit. &nbsp;Each unit in this offering consists of one share of the Company&#146;s Series D Preferred Stock (the &#147;<b>Series D Shares</b>&#148;) and one-half warrant, with each whole warrant exercisable at $3.00 per share. &nbsp;The Series D Shares are convertible into common shares of the Company. &nbsp;Each Series D Share will convert into one share of our common stock at any time upon at the option of the holder of the Series D Shares or will be converted at the option of the Company at any time the trading price of our common stock is at least $4.50 per share for ten consecutive trading days. &nbsp;The conversion features of the Series D Shares are subject to adjustment upon the occurrence of certain events affecting the Company&#146;s common stock. &nbsp;Each whole warrant entitles the holder to purchase one share of common stock at the designated exercise price. &nbsp;The Units will separate immediately and the preferred stock and the warrants will be issued separately in the offering. &nbsp;These Units were issued without registration under the Securities Act by reason of the exemption from registration afforded by the provisions of Section 4(a)(2) thereof, and Rule 506(b) promulgated thereunder, as a transaction by an issuer not involving any public offering. The Units are being offered and sold only to persons who are either &#147;accredited investors&#148; as defined in Rule 501(a) of Regulation D promulgated by the Commission or up to not more than 31 sophisticated investors as defined in Rule 506(b) and who met the suitability standards set forth in the Memorandum dated November 19, 2013. &nbsp;The initial investor in this offering was an accredited investor. &nbsp;The investor delivered appropriate investment representations with respect to these sales and consented to the imposition of restrictive legends upon the stock certificates representing the shares. &nbsp;The investor was afforded the opportunity to ask questions of the Company&#146;s management and to receive answers concerning the terms and conditions of the transaction. &nbsp;A total of $5,999.76 was paid in selling commissions to a licensed selling agent in connection with this initial transaction. &nbsp;The Units sold in this offering were not registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. &nbsp;We have agreed utilize reasonable best efforts to file a registration statement within 90 days following completion of this offering to register the common shares issuable upon exercise of the warrants. </p> <p style=MARGIN:0px align=justify><br></p> <p style="MARGIN-TOP:0px; WIDTH:96px; MARGIN-BOTTOM:-2px; FLOAT:left"><b>Item 5.02 </b></p> <p style="TEXT-INDENT:-2px; MARGIN:0px; PADDING-LEFT:96px"><b>Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.</b></p> <p style="MARGIN:0px; CLEAR:left" align=justify><br></p> <p style=MARGIN:0px align=justify>On January 16, 2014, the Board granted options to purchase 10,000 shares of Common Stock of the Company to each director of the Company for services performed as a director during 2013. &nbsp;The options are exercisable at $3.00 per share and are fully vested. &nbsp;The options were granted pursuant to the Company&#146;s 2011 Stock Incentive Plan and are exercisable for a period of five years.</p> <p style=MARGIN:0px align=justify><br><br></p> <p style="MARGIN:0px; FONT-SIZE:8pt" align=center>2</p> <p style=MARGIN:0px><br></p> <hr size=1 noshade style="MARGIN-BOTTOM:9px; PADDING-TOP:9px"> <p style="PAGE-BREAK-BEFORE:always; MARGIN:0px" align=justify><br></p> <p style=MARGIN:0px align=center><b>SIGNATURES</b></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify>Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</p> <p style=MARGIN:0px align=justify><br></p> <table width=100% bordercolor=transparent style="MARGIN-TOP:0px; FONT-SIZE:10pt" cellpadding=0 cellspacing=0> <tr height=0 style=FONT-SIZE:0px> <td> <td /> </tr><tr> <td style=MARGIN-TOP:0px valign=top> <p style="PADDING-BOTTOM:0px; MARGIN:0px; PADDING-LEFT:0px; PADDING-RIGHT:0px; PADDING-TOP:0px">&nbsp;</p></td> <td style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=justify><b>Heatwurx, Inc.</b></p></td></tr> <tr> <td style=MARGIN-TOP:0px valign=top> <p style="PADDING-BOTTOM:0px; MARGIN:0px; PADDING-LEFT:0px; PADDING-RIGHT:0px; PADDING-TOP:0px">&nbsp;</p></td> <td style=MARGIN-TOP:0px valign=top> <p style="PADDING-BOTTOM:0px; MARGIN:0px; PADDING-LEFT:0px; PADDING-RIGHT:0px; PADDING-TOP:0px">&nbsp;</p></td></tr> <tr> <td style=MARGIN-TOP:0px valign=top> <p style="PADDING-BOTTOM:0px; MARGIN:0px; PADDING-LEFT:0px; PADDING-RIGHT:0px; PADDING-TOP:0px">&nbsp;</p></td> <td style=MARGIN-TOP:0px valign=top> <p style="PADDING-BOTTOM:0px; MARGIN:0px; PADDING-LEFT:0px; PADDING-RIGHT:0px; PADDING-TOP:0px">&nbsp;</p></td></tr> <tr> <td style=MARGIN-TOP:0px valign=top> <p style="PADDING-BOTTOM:0px; MARGIN:0px; PADDING-LEFT:0px; PADDING-RIGHT:0px; PADDING-TOP:0px">&nbsp;</p></td> <td style=MARGIN-TOP:0px valign=top> <p style="PADDING-BOTTOM:0px; MARGIN:0px; PADDING-LEFT:0px; PADDING-RIGHT:0px; PADDING-TOP:0px">&nbsp;</p></td></tr> <tr> <td style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=justify>Date: &nbsp;January 21, 2014</p></td> <td style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=justify>By <u>/s/ Allen Dodge</u></p></td></tr> <tr> <td style=MARGIN-TOP:0px valign=top> <p style="PADDING-BOTTOM:0px; MARGIN:0px; PADDING-LEFT:0px; PADDING-RIGHT:0px; PADDING-TOP:0px">&nbsp;</p></td> <td style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=justify>Allen Dodge, Chief Financial Officer</p></td></tr></table> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br><br></p> <p style="MARGIN:0px; FONT-SIZE:8pt" align=center>3</p> <p style=MARGIN:0px><br></p></body>
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