Overstock.com,Inc. (NASDAQ:OSTK) Files An 8-K Other Events

ME Staff 8-k
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Overstock.com,Inc. (NASDAQ:OSTK) Files An 8-K Other Events
Item 8.01 Other Events.

On November8, 2017, Overstock.com,Inc., a Delaware corporation (the “Company”), issued warrants (collectively, the “Warrants”) to purchase up to a combined aggregate of 3,722,188 shares of the Company’s common stock, par value $0.0001 per share (the “Common Stock”), to two purchasers (the “Purchasers”) in privately negotiated transactions, for an aggregate purchase price of $6.6million.

The Warrants were issued under the Company’s registration statement on FormS-3 (Registration No.333-203607).

The Purchasers have the right to purchase 2,472,188 shares and 1,250,000 shares, respectively, of Common Stock for a term commencing on November24, 2017 and ending on January2, 2018 and February7, 2018, respectively, in each case at an exercise price of $40.45 per share, subject to adjustment as provided in the respective Warrants.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits.

The following exhibits are filed with this report:


OVERSTOCK.COM, INC Exhibit
EX-5.1 2 a17-26231_2ex5d1.htm EX-5.1 Exhibit 5.1     November 8,…
To view the full exhibit click here

About Overstock.com,Inc. (NASDAQ:OSTK)

Overstock.com, Inc. is an online retailer offering a range of merchandise, including furniture, home decor, bedding and bath, houseware, jewelry and watches, apparel and designer accessories, health and beauty products, electronics and computers, and sporting goods, among other products. The Company operates through two segments: direct business and partner business. Its direct business includes sales made to individual consumers and businesses. For the Company’s partner business, it sells merchandise from manufacturers, distributors and other suppliers. The Company also sells books, magazines, compact discs (CDs), digital versatile discs (DVDs) and video games under books, movies, music and games (BMMG) category. It sells these products through its Internet Websites located at www.overstock.com, www.o.co and www.o.biz. The Company offers approximately 877,000 non-BMMG products and 1.1 million BMMG products.