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<p align=center style="margin:0in;margin-bottom:.0001pt;margin-top:3.0pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:15.0pt;">UNITED STATES </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:15.0pt;">SECURITIES AND EXCHANGE COMMISSION </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Washington, D.C.
20549 </font></b></p>

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<p align=center style="margin:0in;margin-bottom:.0001pt;margin-top:9.0pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:15.0pt;">Form 8-K </font></b></p>

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<p align=center style="margin:0in;margin-bottom:.0001pt;margin-top:9.0pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">CURRENT REPORT </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Pursuant to
Section 13 or 15(d) of The Securities Exchange Act of 1934 </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;margin-top:9.0pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;">Date of Report (Date of earliest event reported):
August 13, 2013 </font></b></p>

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<p align=center style="margin:0in;margin-bottom:.0001pt;margin-top:9.0pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:20.0pt;">Gateway Energy Corporation</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;">(Exact name of registrant as specified in its charter) </font></b></p>

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  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
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  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
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  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
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  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
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  <td valign=top width=33% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Delaware</font></b></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
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  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">000-06404</font></b></p>
  </td>
 <td valign=bottom width=2% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=31% style="padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">44-0651207</font></b></p>
  </td>
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  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:7.0pt;">(State or other jurisdiction</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:7.0pt;">of incorporation)</font></b></p>
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  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
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  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:7.0pt;">(Commission</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.75pt;text-align:center;"><b><font face="Times New Roman" style="font-size:7.0pt;">File Number)</font></b></p>
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  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
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  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:7.0pt;">(I.R.S. Employer</font></b></p>
  <p align=center style="margin:0in;margin-bottom:.75pt;text-align:center;"><b><font face="Times New Roman" style="font-size:7.0pt;">Identification No.)</font></b></p>
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  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
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  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:10.0pt;">&nbsp;</font></p>
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  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">1415 Louisiana Street, Suite 4100 </font></b></p>
  <p align=center style="margin:0in;margin-bottom:.75pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">Houston, Texas</font></b></p>
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  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
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  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:9.0pt;">77002</font></b></p>
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  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:7.0pt;">(Address of principal executive offices)</font></b></p>
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  <p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif style="font-size:7.0pt;">&nbsp;</font></p>
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  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" style="font-size:7.0pt;">(Zip Code)</font></b></p>
  </td>
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<p align=center style="margin:0in;margin-bottom:.0001pt;margin-top:9.0pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;">(713) 336-0844 </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">(Registrant&#8217;s
telephone number, including area code) </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;margin-top:9.0pt;text-align:center;"><font face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">&nbsp;</font><b><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;">N/A &nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">(Former name or former address, if changed since last
report) </font></b></p>

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<p style="margin:0in;margin-bottom:.0001pt;margin-top:9.0pt;"><font face="Times New Roman" lang=EN-US style="font-size:9.0pt;">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): </font></p>

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  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Written communications
  pursuant to Rule 425 under the Securities Act (17 CFR 230.425) </font></p>
  </td>
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<p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">&nbsp;</font></p>

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 <td valign=top width=96% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Soliciting material pursuant
  to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) </font></p>
  </td>
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<p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">&nbsp;</font></p>

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  <p style="margin:0in;margin-bottom:.0001pt;"><font face=wingdings style="font-size:9.0pt;">&#168;</font></p>
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  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Pre-commencement
  communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
  240.14d-2(b)) </font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif lang=EN-US style="font-size:9.0pt;">&nbsp;</font></p>

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  <td valign=top width=4% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face=wingdings style="font-size:9.0pt;">&#168;</font></p>
  </td>
 <td valign=top width=96% style="padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" style="font-size:9.0pt;">Pre-commencement
  communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
  240.13e-4(c)) </font></p>
  </td>
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</table></div>

<p style="margin:0in;margin-bottom:.0001pt;"><font face=arial,sans-serif lang=EN-US style="font-size:6.0pt;">&nbsp;</font></p>

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<p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Item 1.01 Entry into a Material
Definitive Agreement.</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:17.25pt;text-justify:inter-ideograph;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">On August 13, 2013 (the &#8220;Execution
Date&#8221;), Gateway Energy Corporation, a Delaware corporation (the &#8220;Company&#8221;),
entered into an agreement and plan of merger (the &#8220;Merger Agreement&#8221;) with
Gateway Energy Holdings LLC, a Delaware limited liability company (&#8220;Parent&#8221;),
and Gateway Acquisition LLC, a Delaware limited liability company and
wholly-owned subsidiary of Parent (&#8220;Merger Sub&#8221;).&#160; Pursuant to the Merger
Agreement, the Company will be merged (the &#8220;Merger&#8221;) with and into Merger Sub,
with Merger Sub surviving the Merger.&#160; After the Merger, Merger Sub will
continue as the Surviving Company and as a wholly-owned subsidiary of Parent,
and will change its name to &#8220;Gateway Energy Company, LLC&#8221;. Upon completion of
the Merger, the Company will cease being a reporting company under the Exchange
Act.&#160; </font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Set forth below are certain
material terms of the Merger Agreement.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-indent:.5in;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Consideration</font></i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">.&#160; Under the
terms of the Merger Agreement, at the effective time of the Merger, each share
of the Company&#8217;s common stock, par value $0.01 (the &#8220;Common Stock&#8221;), other than
certain excluded shares and dissenting shares, will be canceled and
extinguished and automatically converted into the right to receive $0.0175 per
share (the &#8220;Cash Consideration&#8221;).&#160; </font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-indent:.5in;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Closing Conditions</font></i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">.&#160; The
closing of the Merger Agreement is subject to certain customary closing
conditions, including the obtaining of the necessary consents, approvals and
other authorizations of any governmental entity, including the Securities and
Exchange Commission, to the Merger and no material adverse effect on the
business, prospects, condition, operations or assets of the Company since the
Execution Date. The closing of the Merger Agreement is also conditioned upon
(i) the Merger Agreement being approved by a requisite number of the Company&#8217;s
stockholders, (ii) the accuracy, in all material respects as of the closing
date of the Merger, of the representations and warranties of the parties to the
Merger Agreement, and (iii) the performance, in all material respects, by the
parties to the Merger Agreement of their respective obligations thereunder.&#160; </font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">On July 23, 2013, the Company
entered into a subscription, exchange and voting agreement (the &#8220;Support
Agreement&#8221;) with a group of stockholders of the Company holding approximately
56% of the Company&#8217;s issued and outstanding Common Stock (the &#8220;Stockholder
Group&#8221;).&#160; Pursuant to the Support Agreement, each member of the Stockholder
Group agreed to vote their shares of Common Stock (i) in favor of the Merger
Agreement and the transactions contemplated by the Merger Agreement and (ii) against
(a) any action, proposal, transaction or agreement that could reasonably be
expected to result in a breach of any covenant, representation or warranty or
any other obligation of the Company under the Merger Agreement or such member
of the Stockholder Group under the Support Agreement and (b) any action,
proposal, transaction or agreement that could reasonably be expected to impede,
interfere with, delay, discourage, adversely affect or inhibit the timely
consummation of the Merger or the fulfillment of the Company&#8217;s, Parent&#8217;s or
Merger Sub&#8217;s conditions under the Merger Agreement or change in any manner the
voting rights of any class of shares of the Company.&#160; Each member of the
Stockholder Group agreed to (i) acquire Class A Units of Parent in exchange for
a per unit purchase price of $0.0175 in order to fund a portion of the Cash
Consideration and (ii) acquire Class B Units of Parent in exchange for the
cancellation in the Merger of the Stockholder Group&#8217;s shares of Common Stock,
in each case, immediately prior to the effective time of the Merger.&#160; The
closing of the Support Agreement is conditioned upon (i) the absence of any
order, injunction or other legal restraint that enjoins, prohibits or makes
illegal the consummation of the transactions contemplated by the Support
Agreement and (ii) the accuracy, in all material respects as of the closing
date of the Support Agreement, of the representations and warranties of Parent
and each member of the Stockholder Group.&#160;&#160; </font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-indent:.5in;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">No Solicitation</font></i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">.&#160; The
Company agreed that it shall not, nor shall it cause its subsidiaries to, or
authorize or permit its and its subsidiaries' directors, officers, employees,
advisors and investment bankers, to, directly or indirectly, solicit, initiate
or knowingly take any action to facilitate or encourage the submission of any
Takeover Proposal (as defined in the Merger Agreement) or the making of any
proposal that could reasonably be expected to lead to any Takeover Proposal.&#160;&#160;
Additionally, subject to the terms of the Merger Agreement, the Company shall
not (i) conduct or engage in any discussions or negotiations with, disclose any
non-public information relating to the Company or any of its subsidiaries to,
afford access to the business, properties, assets, books or records of the Company
or any of its subsidiaries to, or knowingly assist, participate in, facilitate
or encourage any effort by, any third party that is seeking to make, or has
made, any Takeover Proposal, (ii) amend or grant any waiver or release under
any standstill or similar agreement with respect to any class of equity
securities of the Company or any of its subsidiaries or (iii) enter into any
agreement in principle, letter of intent, term sheet, acquisition agreement,
merger agreement, option agreement, joint venture agreement, partnership
agreement or other contract relating to any Takeover Proposal. &#160;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-indent:.5in;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Representations, Warranties and
Covenants.&#160; </font></i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The Merger Agreement contains customary representations,
warranties and covenants for a transaction of this type.</font></p>


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<p style="margin:0in;margin-bottom:.0001pt;text-indent:.5in;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Termination</font></i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">.&#160; The Merger
Agreement may be terminated at any time by the mutual written consent of each
of the parties to the Merger Agreement.&#160; </font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The Merger Agreement may be
terminated by the Company or Parent if (i) the Merger has not been consummated
on or before December 31, 2013, except in the case that the terminating party&#8217;s
breach has been the cause of, or resulted in, the failure of the Merger to be
consummated by such date, (ii) any governmental entity of competent
jurisdiction shall have enacted, issued, promulgated, enforced or entered any
law or order making illegal, permanently enjoining or otherwise permanently
prohibiting the consummation of the Merger or the other transactions
contemplated by the Merger Agreement, and such law or order shall have become
final and nonappealable, or (iii) the Merger Agreement has not been approved by
the requisite number of stockholders. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The Merger Agreement may be
terminated by Parent if (i) (a) a Company Adverse Recommendation Change (as
defined in the Merger Agreement) shall have occurred, (b) the Company shall
have entered into, or publicly announced its intention to enter into, any
agreement in principle, letter of intent, term sheet, acquisition agreement,
merger agreement, option agreement, joint venture agreement, partnership
agreement or other contract relating to any Takeover Proposal (as defined in
the Merger Agreement), (c) the Company shall have breached or failed to perform
in any material respect any of the non-solicitation covenants and agreements, (d)
the Company&#8217;s board of directors (the &#8220;Board&#8221;) fails to reaffirm (publicly, if
so requested by Parent) its recommendation of the Merger within ten business
days after the date any Takeover Proposal (or material modification thereto) is
first publicly disclosed by the Company or the person making such Takeover
Proposal, (e) a tender offer or exchange offer relating to the Common Stock
shall have been commenced by a person unaffiliated with Parent and the Company
shall not have sent to its stockholders pursuant to Rule 14e-2 under the
Securities Act of 1933, as amended, within ten business days after such tender
offer or exchange offer is first published, sent or given, a statement
reaffirming its recommendation of the Merger and recommending that stockholders
reject such tender or exchange offer, or (f) the Company or the Board (or any
committee thereof) shall publicly announce its intentions to do any of actions
specified in the Merger Agreement; or (ii) the Company fails to cure within the
applicable cure period set forth in the Merger Agreement (a) any breach of any
of their respective covenants or agreements under the Merger Agreement that
negatively affects the satisfaction of a condition to the Merger Agreement or
(b) any material inaccuracy in any of their respective representations and
warranties under the Merger Agreement that negatively affects the satisfaction
of a condition to the Merger Agreement.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The Merger Agreement may be
terminated by the Company if (i) prior to the receipt of the requisite approval
of the Company&#8217;s stockholders, the Board authorizes the Company, in full
compliance with the terms of the Merger Agreement, to enter into any agreement
in principle, letter of intent, term sheet, acquisition agreement, merger
agreement, option agreement, joint venture agreement, partnership agreement or
other contract relating to any Superior Proposal (as defined in the Merger
Agreement), provided that the Company pays all amounts due under the Merger
Agreement therewith and substantially concurrently enters into such agreement,
or (ii) Parent or Merger Sub fails to cure within the applicable cure period
set forth in the Merger Agreement (1) any material breach of any of their
respective covenants or agreements under the Merger Agreement that negatively
affects the satisfaction of a condition to the Merger Agreement or (2) any
material inaccuracy in any of their respective representations and warranties
under the Merger Agreement that negatively affects the satisfaction of a
condition to the Merger Agreement.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-indent:.5in;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Termination Fees</font></i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">.&#160; The
Merger Agreement provides for the payment of certain fees in the connection
with the termination of the Merger Agreement under certain circumstances,
including a termination fee of $75,000, plus expenses of Parent, to be paid by
the Company to Parent in connection with a termination of the Merger Agreement
resulting from the consummation of a Takeover Proposal.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-indent:.5in;"><i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Indemnification</font></i><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">.&#160; The Merger
Sub, after the Merger, will be required to maintain in effect for six years
officers&#8217; and directors&#8217; liability insurance in respect of acts or omissions
occurring prior to the effective time of the Merger covering each person
currently covered by the Company&#8217;s officers&#8217; and directors&#8217; liability insurance
policy on terms with respect to coverage, amounts of deductibles, if any, and
amounts no less favorable than those of such policy in effect on the date of
the Merger Agreement pursuant to the terms of the Merger Agreement.&#160;&#160;&#160;&#160; </font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The foregoing description of the
Merger Agreement is qualified in its entirety by reference to the Merger
Agreement, a copy of which is attached hereto as Exhibit 2.1 and incorporated
by reference herein. The Merger Agreement was filed to provide investors with
information regarding its terms and is not intended to provide other factual
information about the parties thereto. The representations, warranties and
covenants contained in the Merger Agreement were made only for the purpose of
such Merger Agreement, were made as of specific dates and were solely for the
benefit of the parties thereto. The assertions embodied in those
representations, warranties and covenants are qualified by information in
confidential disclosure schedules that were exchanged in connection with
signing the Merger Agreement. The disclosure schedules contain information that
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">modifies, qualifies and creates exceptions to the
representations, warranties and covenants set forth in the Merger Agreement.
Accordingly, investors should not rely on the representations, warranties and
covenants, or any descriptions thereof, as characterizations of the actual
state of facts at the time they were made or otherwise.</font></p>
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<p style="margin:0in;margin-bottom:.0001pt;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">The foregoing description of the
Support Agreement is qualified in its entirety by reference to the Support
Agreement, a copy of which is attached hereto as Exhibit 10.1 and incorporated
by reference herein.&#160; </font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-justify:inter-ideograph;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Item
9.01 Financial Statements and Exhibits.</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-justify:inter-ideograph;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;&nbsp;</font></p>

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  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-justify:inter-ideograph;"><font face="Times New Roman" style="font-size:10.0pt;">(d)</font></p>
  </td>
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  <p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-justify:inter-ideograph;"><font face="Times New Roman" style="font-size:10.0pt;">Exhibits
  </font></p>
  </td>
 </tr>
</table></div>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-justify:inter-ideograph;"><font face=arial,sans-serif lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-justify:inter-ideograph;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">2.1* &#160;&#160;&#160;&#160;&#160; Agreement and Plan of Merger dated as of August
13, 2013 by and among Gateway Energy Corporation, Gateway Acquisition LLC and
Gateway Energy Holdings LLC.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-justify:inter-ideograph;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-justify:inter-ideograph;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">10.1&#160;&#160;&#160;&#160;&#160;&#160;&#160; Subscription, Exchange and Voting Agreement dated
as of July 23, 2013 among Gateway Energy Holdings, LLC, Gateway Energy
Corporation and the Investors party thereto.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-justify:inter-ideograph;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-justify:inter-ideograph;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">*
Schedules and similar attachments to the Merger Agreement have been omitted
pursuant to Item&nbsp;601(b)(2) of Regulation S-K. The Company will furnish
supplementally a copy of any omitted schedule or similar attachment to the
Securities and Exchange Commission upon request.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;text-justify:inter-ideograph;"><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&#160; &nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-justify:inter-ideograph;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>





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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">SIGNATURE</FONT></B></P>

<P style="TEXT-INDENT: 17.25pt; MARGIN: 9pt 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">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. </FONT></P>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Gateway Energy Corporation</FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Dated: August 15, 2013</FONT></P></TD>

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   <DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">

   <P style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0.75pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 10pt" face="Times New Roman">/s/ Frederick M. Pevow, Jr.</FONT></P></DIV></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Frederick M. Pevow, Jr.</FONT></B></P>

   <P style="MARGIN: 0in 0in 0.75pt"><B><FONT style="FONT-SIZE: 10pt" face="Times New Roman">President and Chief Executive Officer</FONT></B></P></TD>

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gateway_form8-kagreementandp.htm - Generated by SEC Publisher for SEC Filing
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):
August 13, 2013
Gateway Energy Corporation
(Exact name of registrant as specified in its charter)
Delaware
000-06404
44-0651207
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(I.R.S. Employer
Identification No.)
1415 Louisiana Street, Suite 4100
Houston, Texas
77002
(Address of principal executive offices)
(Zip Code)
(713) 336-0844
(Registrant's
telephone number, including area code)
N/A
(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 (see General Instruction A.2. below):
¨
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 240.14a-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))
1
Item 1.01 Entry into a Material
Definitive Agreement.
On August 13, 2013 (the "Execution
Date"), Gateway Energy Corporation, a Delaware corporation (the "Company"),
entered into an agreement and plan of merger (the "Merger Agreement") with
Gateway Energy Holdings LLC, a Delaware limited liability company ("Parent"),
and Gateway Acquisition LLC, a Delaware limited liability company and
wholly-owned subsidiary of Parent ("Merger Sub").  Pursuant to the Merger
Agreement, the Company will be merged (the "Merger") with and into Merger Sub,
with Merger Sub surviving the Merger.  After the Merger, Merger Sub will
continue as the Surviving Company and as a wholly-owned subsidiary of Parent,
and will change its name to "Gateway Energy Company, LLC". Upon completion of
the Merger, the Company will cease being a reporting company under the Exchange
Act.
Set forth below are certain
material terms of the Merger Agreement.
Consideration
.  Under the
terms of the Merger Agreement, at the effective time of the Merger, each share
of the Company's common stock, par value $0.01 (the "Common Stock"), other than
certain excluded shares and dissenting shares, will be canceled and
extinguished and automatically converted into the right to receive $0.0175 per
share (the "Cash Consideration").
Closing Conditions
.  The
closing of the Merger Agreement is subject to certain customary closing
conditions, including the obtaining of the necessary consents, approvals and
other authorizations of any governmental entity, including the Securities and
Exchange Commission, to the Merger and no material adverse effect on the
business, prospects, condition, operations or assets of the Company since the
Execution Date. The closing of the Merger Agreement is also conditioned upon
(i) the Merger Agreement being approved by a requisite number of the Company's
stockholders, (ii) the accuracy, in all material respects as of the closing
date of the Merger, of the representations and warranties of the parties to the
Merger Agreement, and (iii) the performance, in all material respects, by the
parties to the Merger Agreement of their respective obligations thereunder.
On July 23, 2013, the Company
entered into a subscription, exchange and voting agreement (the "Support
Agreement") with a group of stockholders of the Company holding approximately
56% of the Company's issued and outstanding Common Stock (the "Stockholder
Group").  Pursuant to the Support Agreement, each member of the Stockholder
Group agreed to vote their shares of Common Stock (i) in favor of the Merger
Agreement and the transactions contemplated by the Merger Agreement and (ii) against
(a) any action, proposal, transaction or agreement that could reasonably be
expected to result in a breach of any covenant, representation or warranty or
any other obligation of the Company under the Merger Agreement or such member
of the Stockholder Group under the Support Agreement and (b) any action,
proposal, transaction or agreement that could reasonably be expected to impede,
interfere with, delay, discourage, adversely affect or inhibit the timely
consummation of the Merger or the fulfillment of the Company's, Parent's or
Merger Sub's conditions under the Merger Agreement or change in any manner the
voting rights of any class of shares of the Company.  Each member of the
Stockholder Group agreed to (i) acquire Class A Units of Parent in exchange for
a per unit purchase price of $0.0175 in order to fund a portion of the Cash
Consideration and (ii) acquire Class B Units of Parent in exchange for the
cancellation in the Merger of the Stockholder Group's shares of Common Stock,
in each case, immediately prior to the effective time of the Merger.  The
closing of the Support Agreement is conditioned upon (i) the absence of any
order, injunction or other legal restraint that enjoins, prohibits or makes
illegal the consummation of the transactions contemplated by the Support
Agreement and (ii) the accuracy, in all material respects as of the closing
date of the Support Agreement, of the representations and warranties of Parent
and each member of the Stockholder Group.
No Solicitation
.  The
Company agreed that it shall not, nor shall it cause its subsidiaries to, or
authorize or permit its and its subsidiaries' directors, officers, employees,
advisors and investment bankers, to, directly or indirectly, solicit, initiate
or knowingly take any action to facilitate or encourage the submission of any
Takeover Proposal (as defined in the Merger Agreement) or the making of any
proposal that could reasonably be expected to lead to any Takeover Proposal.  
Additionally, subject to the terms of the Merger Agreement, the Company shall
not (i) conduct or engage in any discussions or negotiations with, disclose any
non-public information relating to the Company or any of its subsidiaries to,
afford access to the business, properties, assets, books or records of the Company
or any of its subsidiaries to, or knowingly assist, participate in, facilitate
or encourage any effort by, any third party that is seeking to make, or has
made, any Takeover Proposal, (ii) amend or grant any waiver or release under
any standstill or similar agreement with respect to any class of equity
securities of the Company or any of its subsidiaries or (iii) enter into any
agreement in principle, letter of intent, term sheet, acquisition agreement,
merger agreement, option agreement, joint venture agreement, partnership
agreement or other contract relating to any Takeover Proposal.
Representations, Warranties and
Covenants.
The Merger Agreement contains customary representations,
warranties and covenants for a transaction of this type.
2
Termination
.  The Merger
Agreement may be terminated at any time by the mutual written consent of each
of the parties to the Merger Agreement.
The Merger Agreement may be
terminated by the Company or Parent if (i) the Merger has not been consummated
on or before December 31, 2013, except in the case that the terminating party's
breach has been the cause of, or resulted in, the failure of the Merger to be
consummated by such date, (ii) any governmental entity of competent
jurisdiction shall have enacted, issued, promulgated, enforced or entered any
law or order making illegal, permanently enjoining or otherwise permanently
prohibiting the consummation of the Merger or the other transactions
contemplated by the Merger Agreement, and such law or order shall have become
final and nonappealable, or (iii) the Merger Agreement has not been approved by
the requisite number of stockholders.
The Merger Agreement may be
terminated by Parent if (i) (a) a Company Adverse Recommendation Change (as
defined in the Merger Agreement) shall have occurred, (b) the Company shall
have entered into, or publicly announced its intention to enter into, any
agreement in principle, letter of intent, term sheet, acquisition agreement,
merger agreement, option agreement, joint venture agreement, partnership
agreement or other contract relating to any Takeover Proposal (as defined in
the Merger Agreement), (c) the Company shall have breached or failed to perform
in any material respect any of the non-solicitation covenants and agreements, (d)
the Company's board of directors (the "Board") fails to reaffirm (publicly, if
so requested by Parent) its recommendation of the Merger within ten business
days after the date any Takeover Proposal (or material modification thereto) is
first publicly disclosed by the Company or the person making such Takeover
Proposal, (e) a tender offer or exchange offer relating to the Common Stock
shall have been commenced by a person unaffiliated with Parent and the Company
shall not have sent to its stockholders pursuant to Rule 14e-2 under the
Securities Act of 1933, as amended, within ten business days after such tender
offer or exchange offer is first published, sent or given, a statement
reaffirming its recommendation of the Merger and recommending that stockholders
reject such tender or exchange offer, or (f) the Company or the Board (or any
committee thereof) shall publicly announce its intentions to do any of actions
specified in the Merger Agreement; or (ii) the Company fails to cure within the
applicable cure period set forth in the Merger Agreement (a) any breach of any
of their respective covenants or agreements under the Merger Agreement that
negatively affects the satisfaction of a condition to the Merger Agreement or
(b) any material inaccuracy in any of their respective representations and
warranties under the Merger Agreement that negatively affects the satisfaction
of a condition to the Merger Agreement.
The Merger Agreement may be
terminated by the Company if (i) prior to the receipt of the requisite approval
of the Company's stockholders, the Board authorizes the Company, in full
compliance with the terms of the Merger Agreement, to enter into any agreement
in principle, letter of intent, term sheet, acquisition agreement, merger
agreement, option agreement, joint venture agreement, partnership agreement or
other contract relating to any Superior Proposal (as defined in the Merger
Agreement), provided that the Company pays all amounts due under the Merger
Agreement therewith and substantially concurrently enters into such agreement,
or (ii) Parent or Merger Sub fails to cure within the applicable cure period
set forth in the Merger Agreement (1) any material breach of any of their
respective covenants or agreements under the Merger Agreement that negatively
affects the satisfaction of a condition to the Merger Agreement or (2) any
material inaccuracy in any of their respective representations and warranties
under the Merger Agreement that negatively affects the satisfaction of a
condition to the Merger Agreement.
Termination Fees
.  The
Merger Agreement provides for the payment of certain fees in the connection
with the termination of the Merger Agreement under certain circumstances,
including a termination fee of $75,000, plus expenses of Parent, to be paid by
the Company to Parent in connection with a termination of the Merger Agreement
resulting from the consummation of a Takeover Proposal.
Indemnification
.  The Merger
Sub, after the Merger, will be required to maintain in effect for six years
officers' and directors' liability insurance in respect of acts or omissions
occurring prior to the effective time of the Merger covering each person
currently covered by the Company's officers' and directors' liability insurance
policy on terms with respect to coverage, amounts of deductibles, if any, and
amounts no less favorable than those of such policy in effect on the date of
the Merger Agreement pursuant to the terms of the Merger Agreement.
The foregoing description of the
Merger Agreement is qualified in its entirety by reference to the Merger
Agreement, a copy of which is attached hereto as Exhibit 2.1 and incorporated
by reference herein. The Merger Agreement was filed to provide investors with
information regarding its terms and is not intended to provide other factual
information about the parties thereto. The representations, warranties and
covenants contained in the Merger Agreement were made only for the purpose of
such Merger Agreement, were made as of specific dates and were solely for the
benefit of the parties thereto. The assertions embodied in those
representations, warranties and covenants are qualified by information in
confidential disclosure schedules that were exchanged in connection with
signing the Merger Agreement. The disclosure schedules contain information that
modifies, qualifies and creates exceptions to the
representations, warranties and covenants set forth in the Merger Agreement.
Accordingly, investors should not rely on the representations, warranties and
covenants, or any descriptions thereof, as characterizations of the actual
state of facts at the time they were made or otherwise.
3
The foregoing description of the
Support Agreement is qualified in its entirety by reference to the Support
Agreement, a copy of which is attached hereto as Exhibit 10.1 and incorporated
by reference herein.
Item
9.01 Financial Statements and Exhibits.
(d)
Exhibits
2.1*       Agreement and Plan of Merger dated as of August
13, 2013 by and among Gateway Energy Corporation, Gateway Acquisition LLC and
Gateway Energy Holdings LLC.
10.1        Subscription, Exchange and Voting Agreement dated
as of July 23, 2013 among Gateway Energy Holdings, LLC, Gateway Energy
Corporation and the Investors party thereto.
*
Schedules and similar attachments to the Merger Agreement have been omitted
pursuant to Item 601(b)(2) of Regulation S-K. The Company will furnish
supplementally a copy of any omitted schedule or similar attachment to the
Securities and Exchange Commission upon request.
4
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.
Gateway Energy Corporation
Dated: August 15, 2013
/s/ Frederick M. Pevow, Jr.
Frederick M. Pevow, Jr.
President and Chief Executive Officer