CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
May 2, 2005
(Date of report)
CARACO PHARMACEUTICAL
LABORATORIES, LTD.
(Exact name of
registrant as specified in its charter)
| Michigan
(State or other jurisdiction of incorporation) |
0-24676 (Commission file number) |
38-2505723
(I.R.S. employer identification no.) |
1150 Elijah McCoy
Drive, Detroit, Michigan 48202
(Address of principal executive
offices)
(313) 871-8400
(Registrant's telephone number,
including area code)
Not Applicable
(Former name or former 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:
| |_| | 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 140.14a-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)) |
As of May 2, 2005, registrant issued 544,000 shares of Series B Preferred Stock to Sun Pharma Global, Inc. ("Sun Global") for the transfer of one product pursuant to registrant's products agreement with Sun Global.
As of July 11, 2005, registrant issued 544,000 shares of Series B Preferred Stock to Sun Global for the transfer of one product pursuant to registrant's products agreement with Sun Global.
As of July 14, 2005, registrant issued 544,000 shares of Series B Preferred Stock to Sun Global for the transfer of one product pursuant to registrant’s products agreement with Sun Global.
The above Series B Preferred Stock is convertible into common stock on a one-for one basis after three years from the date of issuance or following a person (other than Sun Pharmaceutical Industries Limited and its affiliates) acquiring control of registrant.
All shares of preferred stock and common stock were issued pursuant to exemptions from registration under Section 4(2), Section 4(6) and Regulation D under the Securities Act of 1933.
Pursuant to the requirements of the Securities Exchange Act of 1934, registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: July 26, 2005 |
By: /s/ Daniel H. Movens —————————————— Daniel H. Movens Chief Executive Officer |