CROSSROADS CAPITAL, INC. (NASDAQ:XRDC) Files An 8-K Entry into a Material Definitive Agreement


CROSSROADS CAPITAL, INC. (NASDAQ:XRDC) Files An 8-K Entry into a Material Definitive Agreement

Item 1.01 Entry Into Material Definitive Agreements.

On November 29, 2016, Crossroads Capital, Inc. (the Company) sold
1,338,302 shares of Metabolon, Inc. Series D preferred stock for
$3,466,202 to a purchaser that is not affiliated with the
Company, its officers, directors, or employees, nor any person
controlling or under common control with the Company or its
affiliates. The Company continues to own 890,719 shares of
Metabolon Series D preferred stock.

The Company and the purchaser of the Metabolon stock each made
customary representations and warranties to one another. to the
terms of the sale, and subject to certain limitations, the
parties to the Metabolon stock sale agreed to certain
indemnification provisions with each other.

The Company issued a press release announcing the disposition of
its shares in Metabolon on December 5, 2016. A copy of the
Companys press release dated December 5, 2016, is attached as
Exhibit 99.1, and is incorporated herein by this reference.

Item 7.01 Regulation FD Disclosure.

The Company issued a press release announcing the closing of its
sales of Metabolon on December 5, 2016, a copy of which is
attached as Exhibit 99.1 to this Current Report.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.
Exhibit No. Description
99.1 Press Release dated December 5, 2016


Crossroads Capital, Inc., formerly BDCA Venture, Inc., is an internally managed, non-diversified, closed-end management investment company. The Company’s investment objective to preserve capital and maximize stockholder value by pursuing the sale of its portfolio investments, limiting expenses and deploying surplus cash as appropriate, including into yielding investments to offset, in part, operating expenses. The Company holds equity investments in approximately 12 portfolio companies, one of which is publicly traded, and 11 of which are private companies. The Company’s investments consist of securities issued by private and publicly traded companies consisting of preferred stock, common stock, subordinated convertible bridge notes, subordinated secured notes and warrants to purchase common and preferred stock.


CROSSROADS CAPITAL, INC. (NASDAQ:XRDC) closed its last trading session up +0.01 at 1.60 with 3,440 shares trading hands.