0001213900-19-011676.txt : 20190627 0001213900-19-011676.hdr.sgml : 20190627 20190627172041 ACCESSION NUMBER: 0001213900-19-011676 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190624 ITEM INFORMATION: Other Events FILED AS OF DATE: 20190627 DATE AS OF CHANGE: 20190627 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FC Global Realty Inc CENTRAL INDEX KEY: 0000711665 STANDARD INDUSTRIAL CLASSIFICATION: ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845] IRS NUMBER: 592058100 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-11635 FILM NUMBER: 19926340 BUSINESS ADDRESS: STREET 1: 2300 COMPUTER DRIVE STREET 2: BUILDING G, CITY: WILLOW GROVE STATE: PA ZIP: 19090 BUSINESS PHONE: 2156193600 MAIL ADDRESS: STREET 1: 2300 COMPUTER DRIVE STREET 2: BUILDING G, CITY: WILLOW GROVE STATE: PA ZIP: 19090 FORMER COMPANY: FORMER CONFORMED NAME: PHOTOMEDEX INC DATE OF NAME CHANGE: 20000811 FORMER COMPANY: FORMER CONFORMED NAME: LASER PHOTONICS INC DATE OF NAME CHANGE: 19920703 8-K 1 f8k062419d_fcglobalrealty.htm CURRENT REPORT

 

 

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 27, 2019 (June 24, 2019)

 

FC Global Realty Incorporated
(Exact name of registrant as specified in its charter)

 

Nevada     000-11635   59-2058100
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (IRS Employer
Identification No.)

 

15150 North Hayden Road, Suite 235, Scottsdale, AZ   85260
(Address of principal executive offices)   (Zip Code)

 

480-530-3495
(Registrant’s telephone number, including area code)

 

 
(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 or Rule 12b-2 of the Securities Exchange Act of 1934.

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.   ☐

 

Securities registered pursuant to Section 12(b) of the Act: None

 

 

 

 

 

 

Item 8.01 Other Items.

 

On June 24, 2019, FC Global Realty Incorporated (OTC Pink: FCRE, the “Company”) served a summons and Complaint for breach of contract on DS Healthcare Group, Inc. (“DSKX”) seeking payment by DSKX of amounts owed under a settlement agreement resolving previous litigation between the parties.

 

As previously reported in the Company’s filings with the United States Securities and Exchange Commission, on February 16, 2016, the Company and certain of its subsidiaries entered into two Merger Agreements (the “Merger Agreements”) with DSKX. Those mergers failed to occur and the Company alleged that the failure was due to certain actions by DSKX, and that as a result of those actions the Company was entitled to certain break-up fees under the terms of the Merger Agreements. DSKX disputed those claims and asserted its own claims against the Company.

 

On June 23, 2017, the Company and DSKX entered into a Confidential Settlement and Mutual Release Agreement (the “Settlement Agreement”) to resolve that litigation, under which DSKX agreed to make certain payments to the Company, including a minimum payment of at least $800,000 within ten business days of the resolution of DSKX’s legal malpractice lawsuit against Fox Rothschild, LLP. The Fox Rothschild lawsuit was resolved on April 26, 2019, yet DSKX has refused to make any payments to the Company.

 

The suit is known as FC Global Realty Incorporated f/k/a PhotoMedex, Inc. v. DS Healthcare Group, Inc. and is pending in the United States District Court for the Southern District of Florida.

 

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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.

 

Date: June 27, 2019 FC GLOBAL REALTY INCOPRORATED
   
  /s/ John Hartman
  Name: John Hartman
  Title: Chief Executive Officer

 

 

 

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