8-K 1 a06-15017_18k.htm CURRENT REPORT OF MATERIAL EVENTS OR CORPORATE CHANGES

 

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 30, 2006

SHUFFLE MASTER, INC.

(Exact name of registrant as specified in its charter)

Minnesota
(State or Other Jurisdiction of Incorporation or Organization)

0-20820
(Commission File Number)

41-1448495
(IRS Employer Identification No.)

 

1106 Palms Airport Drive
Las Vegas, Nevada
(Address of Principal Executive Offices)

89119-3720
(Zip Code)

 

Registrant’s telephone number, including area code: (702) 897-7150

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:

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o            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 June 30, 2006, Shuffle Master, Inc. (NASDAQ National Market: SHFL) (either the “Company,” “we” or “our”), completed a private equity investment and purchased approximately 1,666,667 shares of the common stock of Sona Mobile Holdings Corp. (“Sona”) (NASDAQ OTC: BB SNMB) at the price of $0.60 per share for approximately $1,000,000. This purchase was made under a private placement to accredited investors whereby Sona sold 16,943,323 shares of common stock at $0.60 per share for gross proceeds of approximately $10.1 million before payment of commissions and expenses. In connection with the securities purchase, the Company also received approximately 833,334 five-year warrants to purchase shares of common stock of Sona at $0.83 per share.




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 thereunto duly authorized.

SHUFFLE MASTER, INC.
(Registrant)

Date: July 7, 2006

 

/s/ MARK L. YOSELOFF

 

Mark L. Yoseloff
Chairman of the Board and Chief Executive Officer