Business Context and Reporting Period
This Form 8-K was filed by SPACEHAB, Incorporated on June 10, 2008, reporting events occurring on June 9, 2008. The filing discloses the entry into a Material Definitive Agreement regarding a private placement of equity securities.
Key Financial Metrics
The filing details a specific capital raise transaction but does not provide comprehensive financial statements, revenue, profit, cash flow, or debt metrics for the reporting period.
- Transaction Type: Securities Purchase Agreement.
- Shares Issued: 1,329,786 shares of common stock.
- Aggregate Purchase Price: $625,000.
- Purchasers: Lanphier Capital Management, Inc. and Trace Partners, L.P.
Material Changes
The primary material change is the execution of the Securities Purchase Agreement on June 9, 2008. This transaction represents a new source of equity capital for the Company. No other material changes to operations or financial position are detailed in this specific filing.
Guidance, Outlook, and Risks
The filing text does not provide forward-looking guidance, management commentary on future outlook, or specific risk factors beyond the standard disclosure of the agreement itself. The document incorporates a press release (Exhibit 99.1) by reference, which may contain additional context not present in the main body of the 8-K.
Investor Verification Checklist
- Verify the final closing date and receipt of the $625,000 proceeds.
- Review the attached Press Release (Exhibit 99.1) for the intended use of proceeds.
- Confirm the impact of the 1,329,786 new shares on existing shareholder dilution.
- Check subsequent filings for any registration rights granted to the purchasers.