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, 2007
SIMTROL,
INC.
(Exact
name of registrant as specified in its charter)
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Delaware
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1-10927
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58-2028246
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(State
or other jurisdiction of incorporation)
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(Commission
file number)
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(I.R.S.
Employer Identification No.)
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2200
Norcross Parkway, Norcross, Georgia 30071
(Address
of principal executive offices, including zip code)
(770)
242-7566
(Registrant’s
telephone number, including area code)
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
[
]
Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[
]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[
]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act
(17 CFR 240.14d-2(b))
[
]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act
(17 CFR 240.13e-4(c))
Item
3.02 Unregistered
Sales of Equity Securities.
On
September 12, 2007, Simtrol, Inc. (the “Company”) amended the terms of its stock
purchase warrants to purchase 2,000 shares of the Company’s common stock at an
exercise price of $0.375 per share (the “Warrants”). The Warrants were sold by
the Company on March 16, 2007 in a private placement. The Warrants were revised
to include a cashless exercise provision and to extend the term of the Warrants
from three years to five years. A copy of the form of the revised Warrants
is
attached hereto as Exhibit 4.1.
The
Company believes that there was no offer or sale of securities in connection
with the amendment to the Warrants; however, if there is deemed to be an offer
or sale of securities, any such offer or sale is exempt from the registration
requirements of the Securities Act of 1933, as amended (the “Securities Act”),
pursuant to Section 3(a)(9) of the Securities Act. The Company amended the
terms
of Warrants held by its existing security holders and no commission or other
remuneration was paid or given in connection with the amendment.
Item
9.01 Financial Statements and Exhibits.
(d)
Exhibits.
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4.1 |
Form
of Stock Purchase Warrants, as
amended.
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10.1 |
Form
of Subscription Agreement.
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SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, as amended, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
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SIMTROL,
INC. |
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/s/
Stephen N. Samp
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Stephen
N. Samp
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Chief
Financial Officer
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(Principal
Financial and Accounting Officer)
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Date:
September 18, 2007
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