8-K 1 form8k-64579_ydi.htm

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): December 17, 2004

YDI WIRELESS, INC.
(Exact name of registrant as specified in its charter)

Delaware
(State or other jurisdiction of
incorporation)
000-29053
(Commission file number)
04-2751645
(IRS employer identification no.)

8000 Lee Highway, Falls Church, VA
(Address of principal executive offices)
 
 
22042
(Zip code)

Registrant's telephone number, including area code: (703) 205-0600

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 8.01 Other Events.

        On December 17, 2004, YDI Wireless, Inc. repurchased 500,000 shares of its common stock for an aggregate purchase price of $1,155,000. This stock had originally been issued in a private placement in December 2003 to a single accredited investor. In connection with the repurchase, the investor released YDI from obligations arising under the original stock purchase agreement, including the obligation to register the stock with the Securities and Exchange Commission.

        YDI issued a press release announcing this stock repurchase on December 20, 2004. A copy of that press release is attached hereto as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits.

  (c) Exhibits

  See Exhibit Index.

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.



Dated:  December 22, 2004
YDI WIRELESS, INC.

By: /s/ David L. Renauld
       David L. Renauld
       Vice President

EXHIBIT INDEX

Number

 99.1
     Title

Press release dated December 20, 2004.

2