0001193125-18-301974.txt : 20181018 0001193125-18-301974.hdr.sgml : 20181018 20181018160609 ACCESSION NUMBER: 0001193125-18-301974 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20181017 ITEM INFORMATION: Entry into a Material Definitive Agreement FILED AS OF DATE: 20181018 DATE AS OF CHANGE: 20181018 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EVERSPIN TECHNOLOGIES INC CENTRAL INDEX KEY: 0001438423 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 262640654 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-37900 FILM NUMBER: 181128425 BUSINESS ADDRESS: STREET 1: 5670 W. CHANDLER BOULEVARD STREET 2: SUITE 100 CITY: CHANDLER STATE: AZ ZIP: 85226 BUSINESS PHONE: 480-347-1111 MAIL ADDRESS: STREET 1: 5670 W. CHANDLER BOULEVARD STREET 2: SUITE 100 CITY: CHANDLER STATE: AZ ZIP: 85226 8-K 1 d641765d8k.htm 8-K 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): October 17, 2018

 

 

Everspin Technologies, Inc.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   001-37900   26-2640654

(State or other jurisdiction

of incorporation)

  

(Commission

File Number)

  

(IRS Employer

Identification No.)

5670 W. Chandler Blvd.

Suite 100

Chandler, Arizona 85226

(Address of principal executive offices, including zip code)

(480) 347-1111

(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:

 

☐

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))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933(§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☒

 

 

 

Item 1.01. Entry into a Material Definitive Agreement.

On October 17, 2018, Everspin Technologies, Inc. entered into an amendment (the “Amendment”) to its STT-MRAM Joint Development Agreement with GLOBALFOUNDRIES, originally dated October 17, 2014, (as so amended, including pursuant to the Amendment, the “JDA”), to extend the term of the JDA to the later of (a) October 17, 2019, and (b) the date three months after the completion, expiration or termination of a duly executed statement of work pursuant to the JDA.

The Amendment also amends certain provisions of the JDA that existed prior to the Amendment relating to cost sharing, royalties on the sales of wafers containing embedded STT-MRAM devices, licensing of intellectual property and termination of the JDA.

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.

 

    Everspin Technologies, Inc.
Dated: October 18, 2018     By:   /s/ Jeffrey Winzeler
      Jeffrey Winzeler
      Chief Financial Officer