Prepared by R.R. Donnelley Financial -- Current Report
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 
FORM 8-K
 
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
 
Date of Report (Date of Earliest Event Reported): September 12, 2002
 
 
KFX INC.
(Exact name of Registrant as specified in its charter)
 
Delaware
     
0-23634
     
84-1079971
(State or other jurisdiction of
incorporation or organization)
     
Commission File Number
     
IRS Employer
Identification Number
 
3300 East 1st Avenue, Suite 290 Denver, Colorado, USA
   
80206
(Address of principal executive offices)
   
(Zip Code)
 
(303) 293-2992
(Registrant’s telephone number, including area code)
 
not applicable
(Former name or former address, if changed since last report)
 

 
ITEM 5.    OTHER EVENTS
 
KFx Inc. (“KFx” or the “Company”) received $800,000 through a private placement of common stock and warrants, completed on September 12, 2002, from U.S. Global Capital, Inc. This private placement was made pursuant to the Common Stock and Warrant Purchase Agreement (“Purchase Agreement”) dated August 30, 2002, between the Company and U.S. Global Capital, Inc. The terms of the private placement included the sale of 320,000 shares of common stock at $2.50 per share and the grant of a warrant to purchase 680,000 shares of common stock at a purchase price of $2.75 per common share, subject to adjustment, which expires five years after the date of grant.

 
ITEM 7.    FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
 
(c)
 
Exhibits.
 
Number
   
Description
10.1
   
Common Stock and Warrant Purchase Agreement between KFx Inc. and U.S. Global Capital, Inc. dated August 30, 2002.

 
SIGNATURE
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
 
Date: September 17, 2002
      
KFx Inc.
(Registrant)
   
By:
  
/s/    PATRICK S. FLAHERTY        
       
Patrick S. Flaherty
Vice President-Finance and Chief Financial Officer

 
EXHIBIT INDEX
 
Number
   
Description
10.1
   
Common Stock and Warrant Purchase Agreement between KFx Inc. and U.S. Global Capital, Inc. dated August 30, 2002.