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        DC&#160;20549</font></div>
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        8-K</font></div>
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        REPORT</font></div>
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                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Pursuant
        to Section 13 or 15 (d) of the</font></div>
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        Exchange Act of 1934</font></div>
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                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Date
        of Report (Date of earliest event</font></div>
                </td>
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                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">reported):
        August 22, 2008 (August 17, 2008)</font></div>
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        Name of Registrant as Specified in
  Charter)</font></div>
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                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Entry
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        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">On August
  17, 2008, Sona Mobile, Inc., a wholly owned subsidiary of Sona Mobile Holdings
  Corp. and Sona Innovations, Inc., a wholly owned subsidiary of Sona Mobile, Inc.
  (collectively the &#8220;Company&#8221;) entered into a Licence and Distribution Agreement
  (the &#8220;License Agreement&#8221;) with eBet Limited, eBet Gaming Systems Pty. Ltd. and
  eBet Systems Pty. Ltd. (collectively, &#8220;eBet&#8221;) for the license of the Company&#8217;s
  software applications and for the distribution of eBet&#8217;s products and software
  applications.&#160;&#160;As part of the terms of the License Agreement, the
  parties would also enter into a Master Services Agreement (the &#8220;Services
  Agreement&#8221;).&#160;&#160;Pursuant to the License Agreement, closing was to occur
  no later than August 22, 2008 by which time the Services Agreement would be
  executed.&#160;&#160;If such conditions of closing were not met by August 22,
  2008, the License Agreement would terminate.&#160;&#160;On August 21, 2008, the
  Company entered into a First Amendment to the Licence and Distribution Agreement
  (the &#8220;Amendment&#8221;) to extend the closing date until August 25, 2008 to allow more
  time to finalize the drafting of the Services Agreement.</font></div>
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        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pursuant
  to the terms of the License Agreement, the Company grants to eBet an exclusive
  license&#160;&#160;to the Company&#8217;s software applications for use throughout the
  world except for North, Central and South America and the Caribbean, for eBet to
  promote, market and distribute.&#160; The Company retains the exclusive rights
  to any future software developed by eBet (with or without assistance from Sona)
  in North, Central and South America and the Caribbean.&#160;&#160;Additionally,
  the Company receives the rights to become a non-exclusive distributor of the
  eBet products and software applications in North, Central and South America and
  the Caribbean.</font></div>
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        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Under the
  terms of the License Agreement, the Company is to receive $2,500,000 as a
  licence fee, of which $250,000 was paid upon the execution of the License
  Agreement and the balance is due at closing at which time the Services Agreement
  is to be executed.&#160;&#160;Additionally, the Company is to receive additional
  license fees of 20% of all net revenues earned by eBet from the sale and
  distribution of the Company&#8217;s software applications&#160;once eBet earns
  $5,000,000 from the sale and distribution of those products.&#160;&#160;As a
  distributor of eBet products and software applications, the Company will pay
  eBet a license fee of 20% of all net revenues earned by the Company from the
  sale and distribution of eBet&#8217;s products and software applications&#160;once the
  Company earns $5,000,000 from the sale and distribution of those
  products&#160;and software applications.</font></div>
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  Holdings Corp. and eBet Services Pty. Limited, eBet is to provide advisory
  services, including operational, financial and marketing services, appoint the
  chief executive officer of Sona and to have equal representation on the
  Company&#8217;s board of directors. eBet is also to&#160;&#160;provide ongoing
  development and software maintenance services to the Company, for the Company&#8217;s
  software applications.</font></div>
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  cash on hand&#160;to pay down the Company&#8217;s outstanding interest bearing debt
  facilities when such facilities come due, and has sufficient cash to fund
  working capital to continue the operations of the Company.&#160;&#160;In
  addition, the Company will pay eBet&#8217;s designee as the chief executive officer
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  the labor costs incurred pursuant to each statement of work with a total maximum
  not to exceed $500,000 for all work performed by eBet, even if such costs exceed
  this amount.&#160;&#160;Such payments will accrue quarterly as they are incurred
  and will be deferred until the second quarter of 2009 when payments will
  commence on the last day of each quarter thereafter with payments not to exceed
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  Limited (EBT.AX) is a gaming systems and technology company listed on the
  Australian Stock Exchange that develops and markets gaming system products, and
  develops Internet based gaming and wagering services with operations and
  contractual arrangements in Australia, New Zealand, Canada, Singapore, Greece,
  the US and Canada.</font></div>
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                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Licence
        and Distribution Agreement&#160;between Sona Mobile, Inc and Sona
        Innovations, Inc. and eBet Limited, eBet Gaming Systems Pty. Ltd. and eBet
        Systems Pty. Ltd., dated August 17,
  2008.</font></div>
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                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Amendment
        to the Licence and Distribution Agreement&#160;between Sona Mobile, Inc
        and Sona Innovations, Inc. and eBet Limited, eBet Gaming Systems Pty. Ltd.
        and eBet Systems Pty. Ltd., dated August 21
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        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
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        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pursuant
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        Mobile Holdings Corp.</font></div>
                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(Registrant)</font></div>
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        August 22, 2008</font></div>
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        </font></td>
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        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
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text: form8-k_august2008.htm
  UNITED
        STATES
  SECURITIES
        AND EXCHANGE COMMISSION
  WASHINGTON,
        DC 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 22, 2008 (August 17, 2008)
  Sona Mobile Holdings
        Corp.
  (Exact
        Name of Registrant as Specified in
  Charter)
  Delaware
  000-12817
  95-3087593
  (State
        or Other
  Jurisdiction
        of
  Incorporation)
  (Commission
  File
        Number)
  (I.R.S.
        Employer
  Identification
        No.)
  245
        Park Avenue
  New
        York, New York
  10167
  (Address
        of Principal Executive Offices)
  (Zip
        Code)
  Registrant's
        telephone number including area code:
  (212)
        486-8887
  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))
  Item
        1.01.
  Entry
        into a Material Definitive
  Agreement.
  On August
  17, 2008, Sona Mobile, Inc., a wholly owned subsidiary of Sona Mobile Holdings
  Corp. and Sona Innovations, Inc., a wholly owned subsidiary of Sona Mobile, Inc.
  (collectively the "Company") entered into a Licence and Distribution Agreement
  (the "License Agreement") with eBet Limited, eBet Gaming Systems Pty. Ltd. and
  eBet Systems Pty. Ltd. (collectively, "eBet") for the license of the Company's
  software applications and for the distribution of eBet's products and software
  applications.  As part of the terms of the License Agreement, the
  parties would also enter into a Master Services Agreement (the "Services
  Agreement").  Pursuant to the License Agreement, closing was to occur
  no later than August 22, 2008 by which time the Services Agreement would be
  executed.  If such conditions of closing were not met by August 22,
  2008, the License Agreement would terminate.  On August 21, 2008, the
  Company entered into a First Amendment to the Licence and Distribution Agreement
  (the "Amendment") to extend the closing date until August 25, 2008 to allow more
  time to finalize the drafting of the Services Agreement.
  Pursuant
  to the terms of the License Agreement, the Company grants to eBet an exclusive
  license  to the Company's software applications for use throughout the
  world except for North, Central and South America and the Caribbean, for eBet to
  promote, market and distribute.  The Company retains the exclusive rights
  to any future software developed by eBet (with or without assistance from Sona)
  in North, Central and South America and the Caribbean.  Additionally,
  the Company receives the rights to become a non-exclusive distributor of the
  eBet products and software applications in North, Central and South America and
  the Caribbean.
  Under the
  terms of the License Agreement, the Company is to receive $2,500,000 as a
  licence fee, of which $250,000 was paid upon the execution of the License
  Agreement and the balance is due at closing at which time the Services Agreement
  is to be executed.  Additionally, the Company is to receive additional
  license fees of 20% of all net revenues earned by eBet from the sale and
  distribution of the Company's software applications once eBet earns
  $5,000,000 from the sale and distribution of those products.  As a
  distributor of eBet products and software applications, the Company will pay
  eBet a license fee of 20% of all net revenues earned by the Company from the
  sale and distribution of eBet's products and software applications once the
  Company earns $5,000,000 from the sale and distribution of those
  products and software applications.
  Pursuant
  to the terms of the Services Agreement, to be executed between Sona Mobile
  Holdings Corp. and eBet Services Pty. Limited, eBet is to provide advisory
  services, including operational, financial and marketing services, appoint the
  chief executive officer of Sona and to have equal representation on the
  Company's board of directors. eBet is also to  provide ongoing
  development and software maintenance services to the Company, for the Company's
  software applications.
  In
  consideration of eBet providing advisory services under the Services Agreement,
  the Company will pay eBet 50% of the Company's Net Income Before Income Taxes
  during the term of this Agreement on an annual basis once the Company has enough
  cash on hand to pay down the Company's outstanding interest bearing debt
  facilities when such facilities come due, and has sufficient cash to fund
  working capital to continue the operations of the Company.  In
  addition, the Company will pay eBet's designee as the chief executive officer
  the equivalent of $250,000 annually payable in shares of common stock by equal
  installments quarterly.
  For the
  provision of the ongoing development and software maintenance services to the
  Company for the Company's software applications, the Company will pay eBet for
  the labor costs incurred pursuant to each statement of work with a total maximum
  not to exceed $500,000 for all work performed by eBet, even if such costs exceed
  this amount.  Such payments will accrue quarterly as they are incurred
  and will be deferred until the second quarter of 2009 when payments will
  commence on the last day of each quarter thereafter with payments not to exceed
  $125,000 per quarter.
  2
  eBet
  Limited (EBT.AX) is a gaming systems and technology company listed on the
  Australian Stock Exchange that develops and markets gaming system products, and
  develops Internet based gaming and wagering services with operations and
  contractual arrangements in Australia, New Zealand, Canada, Singapore, Greece,
  the US and Canada.
  Item 9.01.
  Financial
        Statements and Exhibits
  (d)
  Exhibits
  10.1
  Licence
        and Distribution Agreement between Sona Mobile, Inc and Sona
        Innovations, Inc. and eBet Limited, eBet Gaming Systems Pty. Ltd. and eBet
        Systems Pty. Ltd., dated August 17,
  2008.
  10.2
  Amendment
        to the Licence and Distribution Agreement between Sona Mobile, Inc
        and Sona Innovations, Inc. and eBet Limited, eBet Gaming Systems Pty. Ltd.
        and eBet Systems Pty. Ltd., dated August 21
  2008
  3
  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.
  Sona
        Mobile Holdings Corp.
  (Registrant)
  Date:
        August 22, 2008
  By:
  /s/ 
        Stephen Fellows
  Name:   Stephen
        Fellows
  Title:      Chief
        Financial Officer
  4