8-K 1 envk8k021009.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

FORM 8-K

Date of Report (Date of earliest event reported): February 10, 2009

CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

ENVIROKARE TECH, INC.


(Exact name of registrant as specified in its charter)


Nevada

 

000-26095

 

88-0412549


 

 

(State or other jurisdiction
of incorporation)

 

(Commission File Number)

 

(I.R.S. Employer
Identification No.)


641 Lexington Avenue, 14th Floor
New York, New York

 

10022


 

(Address of principal executive offices)

 

(Zip Code)

Registrant's telephone number, including area code: (212) 634-6333

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:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Item 3.02 – Unregistered Sales of Equity Securities

On February 10, 2009 the Registrant closed its private placement of 75,000 Units at a price of $0.20 per Unit.  Each Unit is comprised of one (1) share of its common stock and one share purchase warrant, each warrant entitling the holder to purchase one (1) additional common share of the Registrant with an exercise price of $0.30 and an exercise period of three (3) years.  The total amount of cash received by the Registrant from this private placement was $15,000 and there were no underwriting discounts or commissions.  The private placement was made only to an accredited investor pursuant to the provisions of Rule 506 of the Securities Act of 1933, as amended.


SIGNATURE

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.

Date: February 10, 2009

 

Envirokare Tech, Inc.

     
   

/s/ George E. Kazantzis

   

   

George E. Kazantzis, President, COO and
Principal Financial Officer