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 ACT OF 1934, AS AMENDED.
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): MAY 19, 2004
COACH INDUSTRIES GROUP, INC.
(Exact name of registrant as specified in its charter)
NEVADA 0-19471 91-1942841
(State or other jurisdiction of (Commission File Number) (I.R.S. Employer
incorporation or organization) Identification No.)
9600 W. SAMPLE ROAD, SUITE 505, CORAL SPRINGS, FLORIDA 33065
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (305) 531-1174
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(Former name or former address, if changed since last report)
Copies of all communications, including all communications sent to the agent
for service, should be sent to:
Joseph I. Emas, Attorney at Law
1224 Washington Avenue
Miami Beach, Florida 33139
Telephone: 305.531.1174
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ITEM 5. OTHER EVENTS.
On May 19, 2004, Coach Industries Group, Inc. and Fusion Capital Fund II, LLC, a
Chicago-based institutional investor and entered into a $6.0 million Common
Stock Purchase Agreement.
Under the Common Stock Purchase Agreement, Fusion Capital shall buy from time to
time over 24 months up to $6.0 million of Coach Industries Group, Inc.'s common
stock. Coach Industries Group, Inc. has the right to control the timing and the
amount of stock sold to Fusion Capital with the purchase price based upon the
market price of Coach Industries Group, Inc.'s common stock at the time of each
sale without any discount. Funding of the $6.0 million shall commence at the
Coach Industries Group, Inc.'s discretion after the Securities & Exchange
Commission has declared effective a registration statement covering the shares
of common stock to be purchased by Fusion Capital. Copies of the Common Stock
Purchase Agreement and a Registration Rights Agreement are filed as exhibits to
this current report on Form 8-K.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits
Exhibit No. Description
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10.1 Common Stock Purchase Agreement, dated as of May 19, 2004, by
and between Coach Industries Group, Inc. and Fusion Capital
Fund II, L.L.C.
10.2 Registration Rights Agreement, dated as of May 19, 2004, by
and between Coach Industries Group, Inc. and Fusion Capital
Fund II, L.L.C.
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.
Dated: June 3, 2004 Coach Industries Group, Inc.
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(Registrant)
/s/ Francis O'Donnell
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Francis O'Donnell, sole Director