-----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, MpfU98rqXZXBkuDlL51h0H2Ue0683iD6L4oMeYJwCd8fbattWWNLYmTJ+M+OEcqo aLKi/lfPqpyHyriEBzT/RA== 0001144204-08-001006.txt : 20080107 0001144204-08-001006.hdr.sgml : 20080107 20080107170714 ACCESSION NUMBER: 0001144204-08-001006 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20070803 ITEM INFORMATION: Entry into a Material Definitive Agreement FILED AS OF DATE: 20080107 DATE AS OF CHANGE: 20080107 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WORKSTREAM INC CENTRAL INDEX KEY: 0001095266 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 000000000 FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-15503 FILM NUMBER: 08515828 BUSINESS ADDRESS: STREET 1: 495 MARCH RD STE 300 STREET 2: OTTAWA ONTARIO CITY: CANADA K2K 3G2 STATE: A6 ZIP: 00000 BUSINESS PHONE: 6132362263 MAIL ADDRESS: STREET 1: 495 MARCH RD SE 300 STREET 2: OTTAWA ONTARIO CITY: CANADA K2K 3G2 STATE: A6 ZIP: 00000 FORMER COMPANY: FORMER CONFORMED NAME: E CRUITER COM INC DATE OF NAME CHANGE: 19990917 8-K/A 1 v098993_8k.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 
 
FORM 8-K/A

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF
THE SECURITIES EXCHANGE ACT OF 1934
 

Date of report (Date of earliest event reported): August 3, 2007

WORKSTREAM INC.
(Exact Name of Registrant as Specified in Charter)
 
CANADA
 
001-15503
 
N/A
(State or Other Jurisdiction
of Incorporation)
 
(Commission File Number)
 
(I.R.S. Employer 
Identification No.)
 

495 MARCH ROAD, SUITE 300, OTTAWA, ONTARIO, CANADA K2K-3G1 
(Address of Principal Executive Offices) (Zip Code)

(613) 270 0619 
(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 (see General Instruction A.2. below):

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))

 
 
 
 


On August 3, 2007, Workstream Inc. (the “Company”) consummated a private placement of securities to affiliates of Magnetar Capital, Greenway Capital, Talkot Capital, Coghill Capital, Crestview Capital and Fort Mason Capital (collectively, the “Investors”). Pursuant to the terms of the relevant transaction documents, the Company expected to raise an aggregate of $20,000,000 from the Investors in the private placement. However, the Company subsequently discovered that it had received only $19,000,000 from the Investors. As a result, the Company has amended certain of the Special Warrant and Warrant agreements to reduce the number of common shares into which each is convertible or exercisable, as the case may be. Accordingly, the Special Warrants issued by the Company in the private placement are now convertible into an aggregate of 15,200,000 common shares and the Warrants issued by the Company in the private placement are now exercisable for an aggregate of 3,800,000 common shares.

The Company hereby amends the Current Report on Form 8-K that was filed on August 3, 2007 to reflect the $19,000,000 received in the private placement and to reflect the reduced aggregate number of common shares of the Company into which the Special Warrants and Warrants issued to the Investors in the private placement are convertible or exercisable, as the case may be.

 
 
 
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 hereunto duly authorized.
  
 
 
 
 
WORKSTREAM INC.
 
 
 
 
 
 
Dated: January 7, 2008
By:  
 /s/ Philip Oreste
 
Name: Philip Oreste
Title: Chief Financial Officer
 
 
 
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