iGambit Inc. (OTCMKTS:IGMB) Files An 8-K Unregistered Sales of Equity Securities

iGambit Inc. (OTCMKTS:IGMB) Files An 8-K Unregistered Sales of Equity Securities
Item 3.02. Unregistered Sales of Equity Securities.

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On January 27, 2017, iGambit  Inc., a Delaware  corporation (the Company) entered into a

common  stock  subscription  agreement  (the  Subscription  Agreement)  with  GMI19,  LLC,  an

accredited  investor  (the  Investors)  relating  to  the  issuance  and  sale  of  the  Company’s  common

stock in a private placement.

On  January  27,  2017,  the  Company  closed  the  private  placement  and  sold  a  total  of

2,000,000  shares  of  restricted  common  stock  (the  Shares)  to  the  Investor  at  $.05  per  share,  for

aggregate consideration of $100,000.

The  Shares  were  issued  in  reliance  upon  the  exemptions  from  registration  under  the

Securities  Act  of  1933,  as  amended,  provided  by  Section  4(a)(2)  and  Rule  506  of  Regulation  D

promulgated  thereunder.  The  Investors  in  the  private  placement  are  accredited  investors  as  that

term is defined in Rule 501 of Regulation D and acquired the  Shares  for investment only and not

with  a  present  view  toward,  or  for  resale  in  connection  with,  the  public  sale  or  distribution

thereof.

ITEM 9.01 Financial Statements and Exhibits

(d)     Exhibits

Exhibit Number

Title of Document

10.1

Form of Subscription Agreement


iGambit Inc. (OTCMKTS:IGMB) Recent Trading Information

iGambit Inc. (OTCMKTS:IGMB) closed its last trading session 00.0000 at 0.0600 with 6,750 shares trading hands.

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