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<TITLE> TransEnterix, Inc. (Form: 8-K) </TITLE>
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		UNITED STATES<BR>
	SECURITIES AND EXCHANGE COMMISSION
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	WASHINGTON, D.C. 20549
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	FORM 8-K
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	CURRENT REPORT
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	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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	Date of Report (Date of Earliest Event Reported):
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	&nbsp;
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	December 16, 2016
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	TransEnterix, Inc.
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<BR>__________________________________________<BR>
	(Exact name of registrant as specified in its charter)
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	Delaware
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	0-19437
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	11-2962080
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_____________________<BR>
	(State or other jurisdiction
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_____________<BR>
	(Commission
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______________<BR>
	(I.R.S. Employer
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	of incorporation)
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	File Number)
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	Identification No.)
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	635 Davis Drive, Suite 300, Morrisville, North Carolina
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	27560
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_________________________________<BR>
	(Address of principal executive offices)
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	&nbsp;
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___________<BR>
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	Registrant&#146;s telephone number, including area code:
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	919-765-8400
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	Not Applicable
<BR>______________________________________________<BR>
	Former name or former address, if changed since last report
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	&nbsp;
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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:</FONT>
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[&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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<P align="left" style="font-size: 10pt"><FONT style="font-size: 12pt"><B>Item&nbsp;1.01 Entry into a Material Definitive Agreement.</B>
</FONT>

<P align="left" style="font-size: 12pt">On December&nbsp;16, 2016, TransEnterix, Inc., a Delaware corporation (the &#147;<U>Company</U>&#148;) entered
into a purchase agreement (the &#147;<U>Purchase Agreement</U>&#148;) with Lincoln Park Capital Fund, LLC,
an Illinois limited liability company (&#147;<U>Lincoln Park</U>&#148;), pursuant to which the Company has
the right to sell to Lincoln Park up to an aggregate of $25,000,000 in shares of the Company&#146;s
common stock, $0.001 par value per share (the &#147;<U>Common Stock</U>&#148;), subject to certain
limitations and conditions set forth in the Purchase Agreement.


<P align="left" style="font-size: 12pt">From time to time on any trading day the Company selects, the Company has the right, in its sole
discretion, subject to the conditions and limitations in the Purchase Agreement, to direct Lincoln
Park to purchase up to 150,000 shares of Common Stock (each such purchase, a &#147;<U>Regular
Purchase</U>&#148;) over the 36-month term of the Purchase Agreement. The purchase price of shares of
Common Stock pursuant to the Purchase Agreement will be based on the prevailing market price at the
time of sale as set forth in the Purchase Agreement. There are no trading volume requirements or
restrictions under the Purchase Agreement. Lincoln Park&#146;s obligation under each Regular Purchase
shall not exceed $2,000,000. There is no upper limit on the price per share that Lincoln Park must
pay for Common Stock under the Purchase Agreement, but in no event will shares be sold to Lincoln
Park on a day the Company&#146;s closing price is less than the floor price as set forth in the Purchase
Agreement.


<P align="left" style="font-size: 12pt">Both the amount and frequency of the Regular Purchases can be increased upon the mutual agreement
of the Company and Lincoln Park. The Company will control the timing and amount of any sales of
shares of Common Stock to Lincoln Park.


<P align="left" style="font-size: 12pt">The Company may, in its sole discretion, direct Lincoln Park to purchase additional amounts as
accelerated purchases if on the date of a Regular Purchase the closing sale price of the Common
Stock is not below the threshold price as set forth in the Purchase Agreement. The Company and
Lincoln Park may mutually agree to increase the amount of Common Stock sold to Lincoln Park on any
accelerated purchase date.


<P align="left" style="font-size: 12pt">The Company will not enter into any &#147;Variable Rate Transaction,&#148; as defined in the Purchase
Agreement, with any third party from the date of the Purchase Agreement until the expiration of the
36-month period following the date of the Purchase Agreement, subject to certain exceptions.


<P align="left" style="font-size: 12pt">The Purchase Agreement contains customary representations, warranties and agreements of the Company
and Lincoln Park, limitations and conditions to completing future sale transactions,
indemnification rights and obligations of the parties. Actual sales of shares of Common Stock to
Lincoln Park under the Purchase Agreement will depend on a variety of factors to be determined by
the Company from time to time, including (among others) market conditions, the trading price of the
Common Stock and determinations by the Company as to other available and appropriate sources of
funding for the Company.


<P align="left" style="font-size: 12pt">The Company issued to Lincoln Park 309,981 shares of Common Stock as commitment shares in
consideration for entering into the Purchase Agreement. The Company shall issue pro rata up to an
additional 154,991 shares of Common Stock to Lincoln Park as determined by the number of shares
Common Stock purchased by Lincoln Park pursuant to the Purchase Agreement.


<P align="left" style="font-size: 12pt">The offering of Common Stock pursuant to the Purchase Agreement will terminate on the date that all
shares offered by the Purchase Agreement have been sold or, if earlier, the expiration or
termination of the Purchase Agreement. The Company has the right to terminate the Purchase
Agreement at any time, without fee, penalty or cost.


<P align="left" style="font-size: 12pt">Lincoln Park does not have the right to terminate the Purchase Agreement upon any of the events of
default as set forth in the Purchase Agreement; however, during an event of default, shares of
Common Stock cannot be sold by the Company or purchased by Lincoln Park under the terms of the
Purchase Agreement.


<P align="left" style="font-size: 12pt">The offer and sale of shares of Common Stock under the Purchase Agreement was made under the
Company&#146;s previously filed and currently effective Registration Statement on Form S-3 (File No.
333-199998). The Company intends to use the net proceeds of this offering for general corporate
purposes, including working capital, product development and capital expenditures.


<P align="left" style="font-size: 12pt">The Purchase Agreement is attached to this Current Report on Form 8-K as Exhibit&nbsp;10.1 and is
incorporated herein by reference. The foregoing description of the material terms of the Purchase
Agreement is a summary only and does not purport to be complete and is qualified in its entirety
by, and should be read in conjunction with, the exhibit attached hereto.&nbsp;&nbsp;


<P align="left" style="font-size: 12pt"><B>Item&nbsp;8.01 Other Events</B>


<P align="left" style="font-size: 12pt">On December&nbsp;19, 2016, the Company issued a press release announcing the transaction with Lincoln
Park. The press release is attached hereto as Exhibit&nbsp;99.1.


<P align="left" style="font-size: 12pt"><B>Item&nbsp;9.01 Financial Statements and Exhibits</B>


<P align="left" style="font-size: 12pt">(d)&nbsp;Exhibits.


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    <TD width="1%" nowrap align="right">5.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Opinion of Ballard Spahr LLP</TD>
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    <TD width="1%" nowrap align="right">10.1</TD>
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    <TD>Purchase Agreement by and between TransEnterix, Inc. and Lincoln Park Capital, LLC dated
December&nbsp;16, 2016</TD>
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    <TD width="1%" nowrap align="right">23.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Consent of Ballard Spahr LLP (included in Exhibit&nbsp;5.1)</TD>
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<P align="left" style="font-size: 12pt">99.1 Press release, dated December&nbsp;19, 2016



<P align="center" style="font-size: 10pt; display: none">




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	SIGNATURES
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	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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	TransEnterix, Inc.
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	&nbsp;&nbsp;
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<I>
	December 20, 2016
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<I>
	By:
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	&nbsp;
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<I>
	Joseph P. Slattery
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	Name: Joseph P. Slattery
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	Title: EVP and CFO
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	Exhibit&nbsp;Index
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	Exhibit No.
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	Description
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	5.1
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	&nbsp;
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<FONT SIZE="2">
Opinion of Ballard Spahr LLP
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	10.1
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	&nbsp;
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Purchase Agreement by and between TransEnterix, Inc. and Lincoln Park Capital, LLC dated December 16, 2016
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	99.1
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	&nbsp;
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<FONT SIZE="2">
Press release, dated December 20, 2016
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TransEnterix, Inc. (Form: 8-K)
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):
December 16, 2016
TransEnterix, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)
Delaware
0-19437
11-2962080
_____________________
(State or other jurisdiction
_____________
(Commission
______________
(I.R.S. Employer
of incorporation)
File Number)
Identification No.)
635 Davis Drive, Suite 300, Morrisville, North Carolina
27560
_________________________________
(Address of principal executive offices)
___________
(Zip Code)
Registrant's telephone number, including area code:
919-765-8400
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 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))
Top of the Form
Item 1.01 Entry into a Material Definitive Agreement.
On December 16, 2016, TransEnterix, Inc., a Delaware corporation (the "
Company
") entered
into a purchase agreement (the "
Purchase Agreement
") with Lincoln Park Capital Fund, LLC,
an Illinois limited liability company ("
Lincoln Park
"), pursuant to which the Company has
the right to sell to Lincoln Park up to an aggregate of $25,000,000 in shares of the Company's
common stock, $0.001 par value per share (the "
Common Stock
"), subject to certain
limitations and conditions set forth in the Purchase Agreement.
From time to time on any trading day the Company selects, the Company has the right, in its sole
discretion, subject to the conditions and limitations in the Purchase Agreement, to direct Lincoln
Park to purchase up to 150,000 shares of Common Stock (each such purchase, a "
Regular
Purchase
") over the 36-month term of the Purchase Agreement. The purchase price of shares of
Common Stock pursuant to the Purchase Agreement will be based on the prevailing market price at the
time of sale as set forth in the Purchase Agreement. There are no trading volume requirements or
restrictions under the Purchase Agreement. Lincoln Park's obligation under each Regular Purchase
shall not exceed $2,000,000. There is no upper limit on the price per share that Lincoln Park must
pay for Common Stock under the Purchase Agreement, but in no event will shares be sold to Lincoln
Park on a day the Company's closing price is less than the floor price as set forth in the Purchase
Agreement.
Both the amount and frequency of the Regular Purchases can be increased upon the mutual agreement
of the Company and Lincoln Park. The Company will control the timing and amount of any sales of
shares of Common Stock to Lincoln Park.
The Company may, in its sole discretion, direct Lincoln Park to purchase additional amounts as
accelerated purchases if on the date of a Regular Purchase the closing sale price of the Common
Stock is not below the threshold price as set forth in the Purchase Agreement. The Company and
Lincoln Park may mutually agree to increase the amount of Common Stock sold to Lincoln Park on any
accelerated purchase date.
The Company will not enter into any "Variable Rate Transaction," as defined in the Purchase
Agreement, with any third party from the date of the Purchase Agreement until the expiration of the
36-month period following the date of the Purchase Agreement, subject to certain exceptions.
The Purchase Agreement contains customary representations, warranties and agreements of the Company
and Lincoln Park, limitations and conditions to completing future sale transactions,
indemnification rights and obligations of the parties. Actual sales of shares of Common Stock to
Lincoln Park under the Purchase Agreement will depend on a variety of factors to be determined by
the Company from time to time, including (among others) market conditions, the trading price of the
Common Stock and determinations by the Company as to other available and appropriate sources of
funding for the Company.
The Company issued to Lincoln Park 309,981 shares of Common Stock as commitment shares in
consideration for entering into the Purchase Agreement. The Company shall issue pro rata up to an
additional 154,991 shares of Common Stock to Lincoln Park as determined by the number of shares
Common Stock purchased by Lincoln Park pursuant to the Purchase Agreement.
The offering of Common Stock pursuant to the Purchase Agreement will terminate on the date that all
shares offered by the Purchase Agreement have been sold or, if earlier, the expiration or
termination of the Purchase Agreement. The Company has the right to terminate the Purchase
Agreement at any time, without fee, penalty or cost.
Lincoln Park does not have the right to terminate the Purchase Agreement upon any of the events of
default as set forth in the Purchase Agreement; however, during an event of default, shares of
Common Stock cannot be sold by the Company or purchased by Lincoln Park under the terms of the
Purchase Agreement.
The offer and sale of shares of Common Stock under the Purchase Agreement was made under the
Company's previously filed and currently effective Registration Statement on Form S-3 (File No.
333-199998). The Company intends to use the net proceeds of this offering for general corporate
purposes, including working capital, product development and capital expenditures.
The Purchase Agreement is attached to this Current Report on Form 8-K as Exhibit 10.1 and is
incorporated herein by reference. The foregoing description of the material terms of the Purchase
Agreement is a summary only and does not purport to be complete and is qualified in its entirety
by, and should be read in conjunction with, the exhibit attached hereto.
Item 8.01 Other Events
On December 19, 2016, the Company issued a press release announcing the transaction with Lincoln
Park. The press release is attached hereto as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits.
5.1
Opinion of Ballard Spahr LLP
10.1
Purchase Agreement by and between TransEnterix, Inc. and Lincoln Park Capital, LLC dated
December 16, 2016
23.1
Consent of Ballard Spahr LLP (included in Exhibit 5.1)
99.1 Press release, dated December 19, 2016
Top of the Form
SIGNATURES
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.
TransEnterix, Inc.
December 20, 2016
By:
Joseph P. Slattery
Name: Joseph P. Slattery
Title: EVP and CFO
Top of the Form
Exhibit Index
Exhibit No.
Description
5.1
Opinion of Ballard Spahr LLP
10.1
Purchase Agreement by and between TransEnterix, Inc. and Lincoln Park Capital, LLC dated December 16, 2016
99.1
Press release, dated December 20, 2016