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 reported event): August 23, 2011
POSTROCK ENERGY CORPORATION
(Exact name of registrant as specified in its charter)
Commission File No. 001-34635
| |
|
|
|
| Delaware
|
|
27-0981065 |
| (State or other jurisdiction of
|
|
(I.R.S. Employer |
| Incorporation or organization)
|
|
Identification No.) |
| |
|
|
| 210 Park Avenue
|
|
|
| Oklahoma City, Oklahoma
|
|
73102 |
| (Address of Principal Executive Offices) |
|
(Zip Code) |
Registrant’s Telephone Number, including Area Code: (405) 600-7704
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 1.01 Entry into a Material Definitive Agreement.
On August 23, 2011, PostRock Energy Corporation (“PostRock”) entered into an At-The-Market
Issuance Sales Agreement with McNicoll, Lewis & Vlak LLC (“MLV”), as agent, relating to the
offering from time to time of shares of PostRock common stock (the “Sales Agreement”). The
offering of such shares is registered under the Securities Act of 1933 pursuant to PostRock’s
registration statement on Form S-3 (Registration No. 333-173896), and is being made pursuant to a
prospectus dated May 13, 2011, as supplemented by a prospectus supplement dated August 23, 2011,
filed with the Securities and Exchange Commission pursuant to Rule 424(b) of the Securities Act.
Under the Sales Agreement, sales of shares of PostRock common stock, if any, may be made by
any method permitted by law deemed to be an “at the market offering” as defined in Rule 415 under
the Securities Act, which includes sales made directly on the NASDAQ Global Market, on any other
existing trading market for the common stock or to or through a market maker, or in privately
negotiated transactions, subject to PostRock’s approval. MLV will make all sales using
commercially reasonable efforts consistent with its normal trading and sales practices, on mutually
agreeable terms between MLV and PostRock. We or MLV may suspend the offering of common stock upon
notice and subject to other conditions. As an agent, MLV will not engage in any transactions that
stabilize the price of the common stock.
Pursuant to the Sales Agreement, the commission to MLV for sales of PostRock common stock will
be 3% of the gross proceeds from the sales. PostRock has agreed to provide indemnification and
contribution to MLV against certain liabilities, including liabilities under the Securities Act.
The Sales Agreement is filed as an exhibit to this Current Report.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| |
|
|
|
|
| EXHIBIT |
|
|
|
|
| NUMBER |
|
|
|
DESCRIPTION |
5.1
|
|
—
|
|
Opinion of Baker Botts L.L.P. |
|
|
|
|
|
10.1
|
|
—
|
|
At-The-Market Issuance Sales Agreement dated August 23, 2011 between PostRock Energy Corporation and
McNicoll, Lewis & Vlak LLC |
|
|
|
|
|
23.1
|
|
—
|
|
Consent of Baker Botts L.L.P. (included in Exhibit 5.1) |