-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Vv51y6nKh4nSVfnPAAesc4lYRJW2xzC8O7ITq9b70UjYnqxIt+4OGiydpPVw/lvA sMUJ5SQuafmMfJYjjHlsvg== 0001144204-08-017467.txt : 20080326 0001144204-08-017467.hdr.sgml : 20080326 20080326123459 ACCESSION NUMBER: 0001144204-08-017467 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080321 ITEM INFORMATION: Entry into a Material Definitive Agreement FILED AS OF DATE: 20080326 DATE AS OF CHANGE: 20080326 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MODTECH HOLDINGS INC CENTRAL INDEX KEY: 0001075066 STANDARD INDUSTRIAL CLASSIFICATION: PREFABRICATED WOOD BLDGS & COMPONENTS [2452] IRS NUMBER: 330825386 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-25161 FILM NUMBER: 08711348 BUSINESS ADDRESS: STREET 1: 2830 BARRETT AVE STREET 2: PO BOX 1240 CITY: PERRIS STATE: CA ZIP: 92571 BUSINESS PHONE: 9099434014 MAIL ADDRESS: STREET 1: 4675 MACARTHUR CT., STREET 2: SUITE 710 CITY: NEWPORT STATE: CA ZIP: 92660 8-K 1 v108102_8k.htm Unassociated Document

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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): March 21, 2008

Modtech Holdings, Inc.
(Exact Name of Registrant as Specified in Its Charter)

Delaware
(State or Other Jurisdiction of Incorporation)
 
 000-25161
  
 33-0825386
 (Commission File Number)
  
  (IRS Employer Identification No.)
 
 2830 Barrett Avenue, Perris, CA
  
  92571
 (Address of Principal Executive Offices)
  
 (Zip Code)
 
(951) 943-4014
(Registrant’s Telephone Number, Including Area Code)

Not Applicable
(Former Name or Former Address, if Changed Since Last Report)

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:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
Item 1.01 Entry into a Material Definitive Agreement.

On March 21, 2008 the Company repriced stock purchase warrants held by Laurus Master Fund, Ltd. and certain affiliates, from the original exercise price of $.48 per share to an exercise price of $.40 per share. The other terms of the warrants were unaffected.

The warrants covered by the repricing are a warrant to purchase 2,537,657 shares of Common Stock held by Laurus Master Fund, Ltd., a warrant to purchase 266,408 shares of Common Stock held by Valens Offshore SPV I, LTD, and a warrant to purchase 195,935 shares of Common Stock held by Valens U.S. SPV I, LLC. The warrants were originally issued on February 29, 2008.
 
In order to effect the repricing, the Company issued Amended and Restated Common Stock Purchase Warrants, reflecting the new exercise price, upon surrender of the original warrants.
 
 
SIGNATURES

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: March 26, 2008    
     
  Modtech Holdings, Inc
 
 		  
 		  
 
  By:   /s/ Kenneth S. Cragun
 
Kenneth S. Cragun
Chief Financial Officer
 
 
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