iGambit Inc. (OTCMKTS:IGMB) Files An 8-K Unregistered Sales of Equity SecuritiesItem 3.02. Unregistered Sales of Equity Securities.
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
ITEM 9.01 Financial Statements and Exhibits
Title of Document
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.