8-K 1 file001.txt SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934 Date of Report: July 25, 2005 Synergy Brands, Inc. (Exact name of registrant as specified in its charter) Delaware 0-19409 22-2993066 (State of incorporation) (Commission File No.) (IRS Employer Identification No.) 1175 Walt Whitman Road, Melville, New York 11747 (Address of principal executive offices) (zip code) Registrant's telephone number, including area code: (516) 714-8200 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 obligations 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 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 3.02. Unregistered Sales of Equity Securities On July 22, 2005 Synergy Brands Inc. (SYBR) (the "Company") approved and accepted subscriptions from accredited investors to whom the subscription opportunity was presented by the Company for securities sold directly by the Company in an offering exempt from registration under the Section 4(2) private transaction exemption allowed within the Securities Act of 1933 as amended. The securities offered and which were subscribed for consisted of 8 units, each unit consisting of 10,000 shares of the Company's non-convertible Class B Series B Preferred Stock and 11,000 shares of the Company's restricted Common Stock, each unit being sold for $100,000 per Unit. Total offering proceeds received by the Company was $800,000. Item 7.01. Regulation FD Disclosure. On July 25, 2005 the Company announced and commented upon its completing the offering referenced in Item 3.02 herein in a press release containing the announcement a copy of which press release is included as Exhibit 99 to this current report on Form 8-K and is incorporated herein by reference. SIGNATURES Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. By: /s/ Mitchell Gerstein --------------------- Mitchell Gerstein Chief Financial Officer Dated: July 25, 2005