UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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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 1, 2006
Sona Mobile Holdings Corp.
(Exact Name of Registrant as Specified in Charter)
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Delaware |
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000-12817 |
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95-3087593 |
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(State or Other Jurisdiction of Incorporation) |
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(Commission File Number) |
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(I.R.S. Employer Identification No.) |
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825 Third Avenue |
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10022 |
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(Address of Principal Executive Offices) |
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(Zip Code) |
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Registrant's telephone number including area code: |
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(212) 918-0584 |
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):
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))
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Item 1.01. |
Entry into a Material Definitive Agreement |
On September 1, 2006, Sona Mobile Holdings Corp. (the “Company”) entered into a Private Label Partner Agreement (the “Agreement”) with Symbol Technologies, Inc. (“Symbol”) pursuant to which the Company has the exclusive right to purchase certain wireless solution products from Symbol to support the Company’s development of a secure wireless handheld gaming system. The Agreement requires that the Company purchase a specified minimum number of units over the three-year term of the Agreement. In the event such minimum purchase requirement is not met, Symbol shall adjust the unit purchase price to a level commensurate with the Company’s volume and the exclusivity under the Agreement will be void.
All payment terms are solely at the discretion of Symbol and all deliveries made pursuant to the Agreement are subject to the approval by Symbol of the Company’s credit. Symbol reserves the right to require from the Company satisfactory security for due performance of its obligations under the Agreement.
The foregoing description of the Agreement is qualified in its entirety by reference to the Agreement, which is filed as Exhibit 10.1 hereto and incorporated herein by reference.
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Item 9.01. |
Financial Statements and Exhibits |
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(d) |
Exhibits |
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10.1 |
Private Label Partner Agreement, dated as of September 1, 2006, between the Company and Symbol Technologies, Inc.* |
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* Portions omitted pursuant to a request for confidential treatment.
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.
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Sona Mobile Holdings Corp. (Registrant) | |
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Date: September 8, 2006 |
By: |
/s/ Stephen Fellows |
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Name: Stephen Fellows Title: Chief Financial Officer |
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EXHIBIT INDEX
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Exhibit No. |
Description of Exhibit |
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10.1 |
Private Label Partner Agreement, dated as of September 1, 2006, between the Company and Symbol Technologies, Inc.* |
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* Portions omitted pursuant to a request for confidential treatment.