spir20151027_8k.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):  October 22, 2015

 

 

SPIRE CORPORATION

(Exact Name of Registrant as Specified in Charter)

  

 

Massachusetts

  

0-12742

  

04-2457335

(State or Other Jurisdiction of Incorporation)

  

(Commission

File Number)

  

(IRS Employer

Identification No.)

  

 

 

One Patriots Park, Bedford, Massachusetts

  

01730-2396

(Address of Principal Executive Offices)

  

(Zip Code)

 

 

Registrant’s telephone number, including area code: (781) 275-6000

 

 

 

Not Applicable

(Former name or 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 October 22, 2015, Spire Corporation (the “Company”) announced a small reduction in force and, due to insufficient financial support, the suspension of all non-essential operations until further notice. Certain employees will continue to work to maintain day-to-day activities. As previously announced, the Company has engaged an investment banking firm for the purpose of assessing strategic alternatives for the Company, including, but not limited to, a potential sale of the Company or certain of its assets.

 

 
 
 

 

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.

 

 

 

 

SPIRE CORPORATION

 

 

 

 

 

October 28, 2015

By:

 /s/ Rodger W. LaFavre

 

 

 Rodger W. LaFavre 

 

 

 Chief Executive Officer and President