8-K 1 v417467_8k.htm 8-K

 

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) August 3, 2015

 

FIRST CHOICE HEALTHCARE SOLUTIONS, INC.
(Exact name of registrant as specified in its charter)

 

Delaware 000-53012 90-0687379
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)

 

709 S. Harbor Blvd., Suite 250, Melbourne, FL 32901
(Address of principal executive offices) (Zip Code)
   

Registrant's telephone number, including area code (321) 725-0090

 

(Former name of 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:

 

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 8.01Other

 

On August 6, 2015, First Choice Healthcare Solutions, Inc. (the “Company”) announced that the remaining outstanding principal balance, and accrued interest, in the aggregate amount of $1,161,641 of its 8% Original Issue Discount Secured Convertible Debenture due November 1, 2015 (“Debenture”) issued to Hillair Capital Investments, LP (“Hillair”) was fully satisfied, three (3) months prior to its maturity date.

 

In accordance with the terms of the Debenture, the outstanding principal balance and accrued interest were converted into shares of the Company’s Common Stock by dividing such amount by $1.00. As a result of the extinguishment of the Debenture, the Company expects to record a final non-cash gain in the quarter ending September 30, 2015, representing a $1,161,641 increase to shareholder’s equity.

 

On August 6, 2015, the Company issued a press release announcing the extinguishment of the Debenture. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and incorporated by reference herein. In accordance with General Instructions B.2 of Form 8-K, Exhibit 99.1 hereto shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

 

Item 9.01Financial Statements and Exhibits

 

(d) Exhibits

  

  Exhibit No. Description
     
  99.1 Press Release – August 6, 2015

 

 

 

 

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 hereunto duly authorized.

 

 

  FIRST CHOICE HEALTHCARE SOLUTIONS, INC.
  (Registrant)
   
Date: August 6, 2015  
  /s/ Christian Romandetti
  Name:  Christian Romandetti
  Chief Executive Officer