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): June 11, 2013
REAL GOODS SOLAR, INC.
(Exact Name of Registrant as Specified in its Charter)
Colorado | 001-34044 | 26-1851813 | ||
(State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
833 W. South Boulder Road, Louisville, CO 80027-2452
(Address of Principal Executive Offices, Including Zip Code)
Registrants telephone number, including area code: (303) 222-8400
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 (see General Instruction A.2. below):
¨ | 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 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 11, 2013, Jirka Rysavy resigned as a director of the Company. Mr. Rysavys resignation is not due to any disagreement with the Company on any matter related to the Companys operations, policies or practices.
On June 12, 2013, the Companys board of directors unanimously appointed David Belluck Chairman of the Companys board of directors.
Item 9.01. Financial Statements and Exhibits.
(d) | Exhibits. |
Exhibit No. |
Description of Exhibit | |
Exhibit 99.1 | Press Release, dated June 11, 2013 | |
Exhibit 99.2 | Press Release, dated June 12, 2013 |
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.
REAL GOODS SOLAR, INC. | ||
By: | /s/ Anthony DiPaolo | |
Anthony DiPaolo | ||
Chief Financial Officer |
Date: June 13, 2013
EXHIBIT INDEX
Exhibit No. |
Description of Exhibit | |
Exhibit 99.1 | Press Release, dated June 11, 2013 | |
Exhibit 99.2 | Press Release, dated June 12, 2013 |
Exhibit 99.1
Real Goods Solar Announces Changes in the Board of Directors
LOUISVILLE, CO, June 11, 2013 Real Goods Solar, Inc. (NASDAQ: RSOL), a nationwide leader of turnkey solar energy solutions for residential, commercial, and utility customers, today announced that Jirka Rysavy resigned from his position as a director and chairman of the board of the company. Mr. Rysavy has served as the chairman of the companys board of directors since its inception. Mr. Rysavy is also the founder of Gaiam, Inc., which in 1999 founded Gaiam Energy Tech as its solar division. That company became Real Goods Solar when it went public in 2008. Until recently, Gaiam was the largest shareholder of the company.
On behalf of the entire organization, I would like to thank Mr. Rysavy for his contributions to the company over the years and for his strategic leadership to help Real Goods become a significant solar player in the country, said Kam Mofid, CEO of Real Goods Solar. With the completion of the recent equity financing transaction and with a broader shareholder base, we are now ready to write the next chapter in our journey. I am very optimistic and excited about the path forward.
Jirka Rysavy said: After a few years of searching, I believe that the company now has an excellent CEO and is in a good position to take the next step of its independent path. This allows me, for the first time in several years, to focus fully on Gaiams business and its new start-up Gaiam TV.
About Real Goods Solar and RGS Energy
Real Goods Solar, Inc. (RSOL) is one of the nations pioneering solar energy companies serving commercial, residential, and utility customers. Beginning with one of the very first photovoltaic panels sold in the U.S. in 1978, the company has installed more than 14,500 solar power systems representing over 100 megawatts of 100% clean renewable energy. Real Goods Solar makes it very convenient for customers to save on their energy bill by providing a comprehensive solar solution, from design, financing, permitting and installation to ongoing monitoring, maintenance and support. As one of the nations largest and most experienced solar power players, the company has 15 offices across the West and the Northeast. It services the commercial and utility markets through its RGS Energy division. For more information, visit RealGoodsSolar.com or RGSEnergy.com, on Facebook at http://facebook.com/realgoodssolar and on Twitter at http://twitter.com/realgoodssolar.
Forward-Looking Statements
This press release includes forward-looking statements relating to matters that are not historical facts. Forward-looking statements may be identified by the use of words such as expect, intend, believe, will, should or comparable
terminology or by discussions of strategy. While Real Goods Solar believes its assumptions and expectations underlying forward-looking statements are reasonable, there can be no assurance that actual results will not be materially different. Risks and uncertainties that could cause materially different results include, among others, failure to close the above-reference sale of securities, introduction of new products and services, completion and integration of acquisitions, the possibility of negative economic conditions, and other risks and uncertainties included in Real Goods Solars filings with the Securities and Exchange Commission. Real Goods Solar assumes no duty to update any forward-looking statements.
Media and Investor Relations Contact:
Ron Both
Liolios Group, Inc.
Tel 1-949-574-3860
RSOL@liolios.com
Exhibit 99.2
Real Goods Solar Appoints David L. Belluck as Chairman of the Board
LOUISVILLE, CO, June 12, 2013 Real Goods Solar, Inc.s (NASDAQ: RSOL) board of directors today unanimously appointed company director, David L. Belluck, as its chairman of the board.
Belluck has been a company director since June 2011. He is currently a general partner with Riverside Partners, a private equity firm that is the largest shareholder of Real Goods Solar. Belluck joined Riverside Partners in 1988 and has been leading the firm for the past 11 years. He also serves as chairman of Tegra Medical, as well as on the board of Eliassen Group, Welocalize, and Healthdrive. Belluck is a member of the Governors Council of Economic Advisors in Massachusetts, as well as a vice-chair of The Alliance for Business Leadership, a group of business leaders advancing corporate citizenship and advocating socially responsible economic growth. He earned his Bachelor of Arts degree in Economics magna cum laude from Harvard College and Master of Business Administration with distinction from Harvard Business School.
As a dynamic member of our board over the last two years and a strong believer in the company and its mission, we are confident Davids leadership will help advance our position as a major downstream solar solutions provider, said Kam Mofid, Real Good Solars CEO.
Belluck commented: I could not be more excited about the future of Real Goods Solar. Since Kam came onboard last year, he has led a company-wide transformation which has positioned us well to capture the opportunities ahead.
About Real Goods Solar and RGS Energy
Real Goods Solar, Inc. (RSOL) is one of the nations pioneering solar energy companies serving commercial, residential, and utility customers. Beginning with one of the very first photovoltaic panels sold in the U.S. in 1978, the company has installed more than 14,500 solar power systems representing over 100 megawatts of 100% clean renewable energy. Real Goods Solar makes it very convenient for customers to save on their energy bill by providing a comprehensive solar solution, from design, financing, permitting and installation to ongoing monitoring, maintenance and support. As one of the nations largest and most experienced solar power players, the company has 15 offices across the West and the Northeast. It services the commercial and utility markets through its RGS Energy division. For more information, visit RealGoodsSolar.com or RGSEnergy.com, on Facebook at http://facebook.com/realgoodssolar and on Twitter at http://twitter.com/realgoodssolar.
Forward-Looking Statements
This press release includes forward-looking statements relating to matters that are not historical facts. Forward-looking statements may be identified by the use of words such as expect, intend, believe, will, should or comparable terminology or by discussions of strategy. While Real Goods Solar believes its assumptions and expectations underlying forward-looking statements are reasonable, there can be no assurance that actual results will not be materially different. Risks and uncertainties that could cause materially different results include, among others, introduction of new products and services, completion and integration of acquisitions, the possibility of negative economic conditions, and other risks and uncertainties included in Real Goods Solars filings with the Securities and Exchange Commission. Real Goods Solar assumes no duty to update any forward-looking statements.
Media and Investor Relations Contact:
Ron Both
Liolios Group, Inc.
Tel 1-949-574-3860
RSOL@liolios.com