8-K: Current report
Published on September 28, 2010
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):
September
28, 2010 (September 28, 2010)
HARRIS
& HARRIS GROUP, INC.
(Exact
name of registrant as specified in its charter)
|
New
York
(State
or other jurisdiction of
incorporation)
|
0-11576
(Commission
File
Number)
|
13-3119827
(IRS
Employer
Identification
No.)
|
1450
Broadway
New
York, New York 10018
(Address
of principal executive offices and zip code)
(212)
582-0900
(Registrant’s
telephone number, including area code)
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 September 28, 2010, Harris &
Harris Group, Inc. (the “Company”) announced its first venture debt investment
of $500,000 in GEO Semiconductor, Inc. The round of venture debt
financing was led by Montage Capital, LLC. We received warrants as
part of this venture debt financing. This investment is part of the
Company’s efforts to expand its core venture capital investments in equity of
privately held and publicly traded small companies with debt securities that
provide predictable cash flows and timelines for returns on
investment. In addition to providing venture debt financing, the
Company continues to make equity-based venture capital investments in companies
developing and integrating products enabled by nanotechnology and
microsystems.
GEO
Semiconductor develops high-performance, programmable video and geometry pixel
processor solutions that enable correction of color and brightness uniformity
issues in light-emitting diode and laser backlit displays and in correcting
optical anomalies and non-uniformity issues in smartphone
cameras. GEO Semiconductor plans to use the proceeds to support
current design wins for its chips and ongoing business development
activities.
The
Company’s press release is attached hereto as Exhibit 99.1.
Item
9.01. Financial Statements
and Exhibits.
|
|
(a)
|
Not
applicable.
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(b)
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Not
applicable.
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(c)
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Not
applicable.
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(d)
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Exhibits.
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Exhibit
No.
|
Description
|
|
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99.1
|
Press
Release dated September 28, 2010
|
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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.
|
Date:
|
September
28, 2010
|
HARRIS
& HARRIS GROUP, INC.
|
By: /s/ Douglas W.
Jamison
Douglas
W. Jamison
Chief
Executive Officer
EXHIBIT
INDEX
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Exhibit
No.
|
Description
|
|
|
99.1
|
Press
Release dated September 28, 2010
|
|