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<DIV style=margin-left:54pt;width:504pt><TABLE style='border-collapse:collapse;border-top:0.5pt solid #000000'><TR><TD valign=top style=width:514.8pt;padding-left:5.4pt;padding-right:5.4pt><P align=center style='font:10pt Times New Roman;margin:0;color:#000000'><B>UNITED STATES </B></P>
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<TR><TD valign=top style=width:514.8pt;padding-left:5.4pt;padding-right:5.4pt><P align=center style='font:10pt Times New Roman;margin:0;color:#000000'><B>SECURITIES AND EXCHANGE COMMISSION </B></P>
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<TR><TD valign=top style=width:514.8pt;padding-left:5.4pt;padding-right:5.4pt><P align=center style='font:10pt Times New Roman;margin-top:0pt;margin-bottom:6pt;color:#000000'><B>Washington, D.C. 20549 </B></P>
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<P align=center style='font:10pt Times New Roman;margin-top:0pt;margin-bottom:6pt;color:#000000'>&nbsp;</P>
<TABLE style='border-collapse:collapse;margin-left:216.9pt;border-top:0.5pt solid #000000;border-bottom:0.5pt solid #000000'><TR style=height:4pt><TD valign=top style=width:81pt;padding-left:5.4pt;padding-right:5.4pt><P align=center style='font:10pt Times New Roman;margin:0;color:#000000'><B>FORM 8K</B></P>
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<P style='font:10pt Times New Roman;margin:0;color:#000000'>&nbsp;</P>
<P align=center style='font:10pt Times New Roman;margin:0;color:#000000'><B>CURRENT REPORT </B></P>
<P align=center style='font:10pt Times New Roman;margin:0;color:#000000'><B>Pursuant to Section 13 or 15(d) of </B></P>
<P align=center style='font:10pt Times New Roman;margin:0;color:#000000'><B>The Securities Exchange Act of 1934 </B></P>
<P style='font:10pt Times New Roman;margin:0;color:#000000'>&nbsp;</P>
<P align=center style='font:10pt Times New Roman;margin-top:0pt;margin-bottom:6pt;color:#000000'><B>Date of Report (Date of earliest event reported): &nbsp;April 13, 2018</B></P>
<P align=center style='font:10pt Times New Roman;margin:0;text-indent:-36pt;margin-left:36pt;color:#000000'>&nbsp;</P>
<P align=center style='font:14pt Times New Roman;margin:0;text-indent:-36pt;margin-left:36pt;color:#000000'><B>SUMMER ENERGY HOLDINGS, INC.</B></P>
<P align=center style='font:10pt Times New Roman;margin:0;text-indent:-36pt;margin-left:36pt;color:#000000'>(Exact name of registrant as specified in its charter)</P>
<P align=center style='font:10pt Times New Roman;margin:0;text-indent:-36pt;margin-left:36pt;color:#000000'>&nbsp;</P>
<P align=center style='font:14pt Times New Roman;margin:0;color:#000000'><B>Nevada</B></P>
<P align=center style='font:10pt Times New Roman;margin:0;text-indent:-36pt;margin-left:36pt;color:#000000'>(State or other jurisdiction of incorporation)</P>
<P align=center style='font:10pt Times New Roman;margin:0;text-indent:-36pt;margin-left:36pt;color:#000000'>&nbsp;</P>
<TABLE style='border-collapse:collapse;margin-left:90.9pt;border:0.5pt solid #000000'><TR><TD valign=top style='width:153.9pt;border:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;color:#000000'><B>001-35496</B></P>
</TD><TD valign=top style='width:179.55pt;border:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;margin-left:3.6pt;color:#000000'><B>20-2722022</B></P>
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<TR><TD valign=top style='width:153.9pt;border:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;color:#000000'>(Commission File Number)</P>
</TD><TD valign=top style='width:179.55pt;border:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;margin-left:3.6pt;color:#000000'>(I.R.S. The Company Identification No.)</P>
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<P align=center style='font:10pt Times New Roman;margin:0;text-indent:-36pt;margin-left:36pt;color:#000000'>&nbsp;</P>
<P align=center style='font:10pt Times New Roman;margin:0;text-indent:-36pt;margin-left:36pt;color:#000000'>&nbsp;</P>
<P align=center style='font:10pt Times New Roman;margin:0;text-indent:-36pt;margin-left:36pt;color:#000000'><FONT style='border-bottom:1px solid #000000'>5847 San Felipe Street #3700</FONT></P>
<P align=center style='font:10pt Times New Roman;margin:0;text-indent:-36pt;margin-left:36pt;color:#000000'><FONT style='border-bottom:1px solid #000000'>Houston, Texas 77057</FONT></P>
<P align=center style='font:10pt Times New Roman;margin:0;text-indent:-36pt;margin-left:36pt;color:#000000'>(Address of principal executive offices)</P>
<P align=center style='font:10pt Times New Roman;margin:0;text-indent:-36pt;margin-left:36pt;color:#000000'>&nbsp;</P>
<P align=center style='font:10pt Times New Roman;margin:0;text-indent:-36pt;margin-left:36pt;color:#000000'><FONT style='border-bottom:1px solid #000000'>(713) 375-2790</FONT></P>
<P align=center style='font:10pt Times New Roman;margin:0;text-indent:-36pt;margin-left:36pt;color:#000000'>(Registrant&#8217;s telephone number, including area code)</P>
<P align=center style='font:10pt Times New Roman;margin:0;text-indent:-36pt;margin-left:36pt;color:#000000'>&nbsp;</P>
<P align=center style='font:10pt Times New Roman;margin:0;color:#000000'>N/A </P>
<P align=center style='font:10pt Times New Roman;margin:0;color:#000000'>(Former name or former address, if changed since last report) </P>
<P style='font:10pt Times New Roman;margin-top:0pt;margin-bottom:12pt;margin-left:216pt;margin-right:216pt;color:#000000'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;color:#000000'>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:</P>
<P style='font:10pt Times New Roman;margin:0;color:#000000'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;margin-left:29.15pt;color:#000000'><KBD style='position:absolute;font:10pt Times New Roman;margin-left:-29.15pt'><FONT face=Wingdings>&#168;</FONT></KBD>Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;color:#000000'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;margin-left:29.15pt;color:#000000'><KBD style='position:absolute;font:10pt Times New Roman;margin-left:-29.15pt'><FONT face=Wingdings>&#168;</FONT></KBD>Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;color:#000000'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;margin-left:29.15pt;color:#000000'><KBD style='position:absolute;font:10pt Times New Roman;margin-left:-29.15pt'><FONT face=Wingdings>&#168;</FONT></KBD>Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;color:#000000'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;margin-left:29.15pt;color:#000000'><KBD style='position:absolute;font:10pt Times New Roman;margin-left:-29.15pt'><FONT face=Wingdings>&#168;</FONT></KBD>Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;color:#000000'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;color:#000000;background-color:#FFFFFF'>Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter).</P>
<TABLE style=border-collapse:collapse;width:170.25pt><TR><TD valign=middle style=width:155.2pt;padding-left:1.8pt;padding-right:1.8pt><P style='font:10pt Times New Roman;margin:0;color:#000000'>&nbsp;</P>
</TD><TD valign=middle style=width:15.05pt;padding-left:1.8pt;padding-right:1.8pt><P style='font:10pt Times New Roman;margin:0;color:#000000'>&nbsp;</P>
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<TR><TD valign=top style=padding:1.5pt><P style='font:10pt Times New Roman;margin:0;color:#000000'>Emerging growth company</P>
</TD><TD valign=top style=padding:1.5pt><P style='font:10pt Times New Roman;margin:0;color:#000000'><FONT style='font-family:MS Gothic'>&#9744;</FONT></P>
<P style='font:10pt Times New Roman;margin:0;color:#000000'>&nbsp;</P>
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<P style='font:10pt Times New Roman;margin:0;color:#000000;background-color:#FFFFFF'>If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.&#160;&#160;<FONT style='font-family:MS Gothic'>&#9744;</FONT></P>
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<DIV style=margin-left:72pt;width:468pt><P style='font:10pt Times New Roman;margin:0;color:#000000'><KBD style='position:absolute;font:10pt Times New Roman;margin-left:0pt'><B>Item 1.01</B></KBD><KBD style=margin-left:72pt></KBD><B>Entry into a Material Definitive Agreement</B>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;color:#000000'><KBD style='position:absolute;font:10pt Times New Roman;margin-left:0pt'><B>Item 3.02</B></KBD><KBD style=margin-left:72pt></KBD><B>Unregistered Sales of Equity Securities</B>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;margin-left:72pt'><KBD style='position:absolute;font:10pt Times New Roman;margin-left:-72pt'><B>Item 5.02&#160; </B></KBD><FONT style=background-color:#FFFFFF><B>Departure or Directors or Principal Officers, Election of Directors, Appointment of Principal Officers</B></FONT>&nbsp;</P>
<P style='font:10pt Times New Roman;margin-top:6pt;margin-bottom:0pt;text-indent:-72pt;margin-left:72pt;color:#000000'><FONT style='border-bottom:1px solid #000000'><I>Stock Purchase Transaction</I></FONT></P>
<P style='font:10pt Times New Roman;margin:0;text-indent:-72pt;margin-left:72pt;color:#000000'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;color:#000000'><KBD style=margin-left:36pt></KBD>On April 13, 2018, Summer Energy Holdings, Inc., a Nevada corporation (the &#8220;<FONT style='border-bottom:1px solid #000000'>Company</FONT>&#8221;), entered into a Securities Purchase Agreement (the &#8220;<FONT style='border-bottom:1px solid #000000'>SPA</FONT>&#8221;) with LaRose Holdings, LLLP, a Delaware limited liability limited partnership (the &#8220;<FONT style='border-bottom:1px solid #000000'>Investor</FONT>&#8221;). Pursuant to the terms of the SPA, the Company agreed to issue to the Investor two million (2,000,000) shares of the Company&#8217;s common stock, par value $0.001 per share (the &#8220;<FONT style='border-bottom:1px solid #000000'>Shares</FONT>&#8221;).  The purchase price for the Shares was three million dollars ($3,000,000). &nbsp;Pursuant to the terms of the SPA, the Company agreed that Al LaRose, Jr. would be duly appointed to the Company&#8217;s board of directors as a Class I Director, to serve until the 2019 annual meeting of the Company&#8217;s stockholders, at which point Mr. LaRose will become subject to the Company&#8217;s customary director election procedure.&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;text-indent:36pt;color:#000000'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;text-indent:36pt;color:#000000'>Contemporaneous with the execution of the SPA, the Company and the Investor entered into a Registration Rights Agreement (&#8220;<FONT style='border-bottom:1px solid #000000'>RRA</FONT>&#8221;). &nbsp;Pursuant to the terms of the RRA, the Company has agreed to provide certain piggyback registration rights regarding the Shares under the Securities Act of 1933, as amended (the &#8220;<FONT style='border-bottom:1px solid #000000'>Securities Act</FONT>&#8221;), and the rules and regulations promulgated thereunder, and applicable state securities laws.</P>
<P style='font:10pt Times New Roman;margin:0;color:#000000'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;text-indent:36pt;color:#000000'>The foregoing summaries of the SPA and the RRA do not purport to be complete, and are qualified in their entirety by reference to the full text of the SPA and the RRA which are filed as exhibits hereto. </P>
<P style='font:10pt Times New Roman;margin:0;color:#000000'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;text-indent:36pt;color:#000000'>The securities offered and sold by the Company to the Investor have not been registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.</P>
<P style='font:10pt Times New Roman;margin:0;color:#000000'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;text-indent:36pt;color:#000000'>The issuance of the Shares under the SPA was made in reliance on the private offering exemption of Section 4(a)(2) of the Securities Act and/or the private offering safe harbor provisions of Rule 506(b) of Regulation D based on the following factors: (i) the number of offerees or purchasers, as applicable, (ii) the absence of general solicitation, (iii) investment representations obtained from the Investor, (iv) the provision of appropriate disclosure, and (v) the placement of restrictive legends on the certificates reflecting the securities.</P>
<P style='font:10pt Times New Roman;margin:0;color:#000000'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;color:#000000'><FONT style='border-bottom:1px solid #000000'><I>Appointment of Al LaRose, Jr. as a Class I Director</I></FONT></P>
<P style='font:10pt Times New Roman;margin:0;color:#000000'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;color:#000000'><KBD style=margin-left:36pt></KBD>In connection with the SPA, on April 13, 2018, Al LaRose, Jr. was appointed to fill a newly created seat on the Company&#8217;s board of directors as a Class I Director, to serve until the 2019 annual meeting of the Company&#8217;s stockholders, at which point Mr. LaRose will become subject to the Company&#8217;s customary director election procedure.  Mr. LaRose&#8217;s committee assignments have not yet been determined.&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;color:#000000'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0'><KBD style=margin-left:36pt></KBD>Other than the SPA between Mr. LaRose and the Company, there is no arrangement or understanding between Mr. LaRose and any other persons pursuant to which Mr. LaRose was selected as a director. Other than the SPA between Mr. LaRose and the Company, Mr. LaRose has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K. It is anticipated that the Company will enter into an indemnification agreement with Mr. LaRose on substantially the same terms as for the Company&#8217;s other directors that obligates the Company to indemnify Mr. LaRose in his capacity as a director of the Company.&nbsp;</P>
<P style='font:10pt Times New Roman;margin-top:6pt;margin-bottom:0pt;color:#000000'><B>Item 9.01&#160; Financial Statements and Exhibits.</B></P>
<P style='font:10pt Times New Roman;margin:0;color:#000000'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;color:#000000'><KBD style='position:absolute;font:10pt Times New Roman;margin-left:0pt'>(d)</KBD><KBD style=margin-left:36pt></KBD>Exhibits&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;color:#000000'>&nbsp;</P>
<TABLE style=border-collapse:collapse><TR><TD valign=top style=width:45.75pt;padding-left:5.4pt;padding-right:5.4pt><P style='font:10pt Times New Roman;margin:0;color:#000000'><FONT style='border-bottom:1px solid #000000'>Exhibit</FONT></P>
</TD><TD valign=top style=width:433.05pt;padding-left:5.4pt;padding-right:5.4pt><P style='font:10pt Times New Roman;margin:0;color:#000000'><FONT style='border-bottom:1px solid #000000'>Description</FONT></P>
</TD></TR>
<TR><TD valign=top style=width:45.75pt;padding-left:5.4pt;padding-right:5.4pt><P style='font:10pt Times New Roman;margin:0;color:#000000'>10.1</P>
</TD><TD valign=top style=width:433.05pt;padding-left:5.4pt;padding-right:5.4pt><P style='font:10pt Times New Roman;margin:0;color:#000000'><A href=sume_ex10z1.htm style=text-decoration:none><FONT style='color:#0000FF;border-bottom:1px solid #0000FF'>Securities Purchase Agreement dated April 13, 2018</FONT></A></P>
</TD></TR>
<TR><TD valign=top style=width:45.9pt;padding-left:5.4pt;padding-right:5.4pt><P style='font:10pt Times New Roman;margin:0;color:#000000'>10.2</P>
</TD><TD valign=top style=width:432.9pt;padding-left:5.4pt;padding-right:5.4pt><P style='font:10pt Times New Roman;margin:0;color:#000000'><A href=sume_ex10z2.htm style=text-decoration:none><FONT style='color:#0000FF;border-bottom:1px solid #0000FF'>Registration Rights Agreement dated April 13, 2018</FONT></A></P>
</TD></TR>
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<HR style='border:0;height:0;width:0;margin:14pt 0 0 0'><P align=right style='font:9pt Times New Roman;margin:0'><A name=_iDocIDField0b9733ed-1d4f-4561-9264-9936 />&nbsp;</P>
<HR style='page-break-after:always;border:0;height:3pt;background-color:#909090;margin:8pt 0'><P align=center style='font:10pt Times New Roman;margin:0;color:#000000'><B>SIGNATURES</B></P>
<P style='font:10pt Times New Roman;margin:0;color:#000000'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;text-indent:36pt;color:#000000'>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.</P>
<P style='font:10pt Times New Roman;margin:0;color:#000000'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;color:#000000'>Dated: &nbsp;April 17, 2018</P>
<P style='font:10pt Times New Roman;margin:0;color:#000000'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;text-indent:36pt;margin-left:144pt;color:#000000'>SUMMER ENERGY HOLDINGS, INC.</P>
<P style='font:10pt Times New Roman;margin:0;color:#000000'>&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0'><KBD style='position:absolute;font:10pt Times New Roman;margin-left:216pt'>By:</KBD><KBD style=margin-left:252pt></KBD><FONT style='border-bottom:1px solid #000000'>/s/ Jaleea P. George</FONT>&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0'><KBD style='position:absolute;font:10pt Times New Roman;margin-left:216pt'>Name: </KBD><KBD style=margin-left:252pt></KBD>Jaleea P. George&nbsp;</P>
<P align=justify style='font:10pt Times New Roman;margin:0'><KBD style='position:absolute;font:10pt Times New Roman;margin-left:216pt'>Title: </KBD><KBD style=margin-left:252pt></KBD>Chief Financial Officer&nbsp;</P>
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{"company-data": {"conformed-name": "SUMMER ENERGY HOLDINGS INC", "cik": "0001396633", "assigned-sic": "4911", "irs-number": "202722022", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-35496", "film-number": "18763061"}, "business-address": {"street1": "800 BERING DRIVE", "street2": "SUITE 260", "city": "HOUSTON", "state": "TX", "zip": "77057", "phone": "(713) 375-2790"}, "mail-address": {"street1": "800 BERING DRIVE", "street2": "SUITE 260", "city": "HOUSTON", "state": "TX", "zip": "77057"}, "former-company": [{"former-conformed-name": "Castwell Precast Corp", "date-changed": "20100816"}, {"former-conformed-name": "Castwell Precast CORP", "date-changed": "20070417"}]}
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):  April 13, 2018
SUMMER ENERGY HOLDINGS, INC.
(Exact name of registrant as specified in its charter)
Nevada
(State or other jurisdiction of incorporation)
001-35496
20-2722022
(Commission File Number)
(I.R.S. The Company Identification No.)
5847 San Felipe Street #3700
Houston, Texas 77057
(Address of principal executive offices)
(713) 375-2790
(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:
¨
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))
Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
☐
Item 1.01
Entry into a Material Definitive Agreement
Item 3.02
Unregistered Sales of Equity Securities
Item 5.02
Departure or Directors or Principal Officers, Election of Directors, Appointment of Principal Officers
Stock Purchase Transaction
On April 13, 2018, Summer Energy Holdings, Inc., a Nevada corporation (the "
Company
"), entered into a Securities Purchase Agreement (the "
SPA
") with LaRose Holdings, LLLP, a Delaware limited liability limited partnership (the "
Investor
"). Pursuant to the terms of the SPA, the Company agreed to issue to the Investor two million (2,000,000) shares of the Company's common stock, par value $0.001 per share (the "
Shares
").  The purchase price for the Shares was three million dollars ($3,000,000).  Pursuant to the terms of the SPA, the Company agreed that Al LaRose, Jr. would be duly appointed to the Company's board of directors as a Class I Director, to serve until the 2019 annual meeting of the Company's stockholders, at which point Mr. LaRose will become subject to the Company's customary director election procedure.
Contemporaneous with the execution of the SPA, the Company and the Investor entered into a Registration Rights Agreement ("
RRA
").  Pursuant to the terms of the RRA, the Company has agreed to provide certain piggyback registration rights regarding the Shares under the Securities Act of 1933, as amended (the "
Securities Act
"), and the rules and regulations promulgated thereunder, and applicable state securities laws.
The foregoing summaries of the SPA and the RRA do not purport to be complete, and are qualified in their entirety by reference to the full text of the SPA and the RRA which are filed as exhibits hereto.
The securities offered and sold by the Company to the Investor have not been registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
The issuance of the Shares under the SPA was made in reliance on the private offering exemption of Section 4(a)(2) of the Securities Act and/or the private offering safe harbor provisions of Rule 506(b) of Regulation D based on the following factors: (i) the number of offerees or purchasers, as applicable, (ii) the absence of general solicitation, (iii) investment representations obtained from the Investor, (iv) the provision of appropriate disclosure, and (v) the placement of restrictive legends on the certificates reflecting the securities.
Appointment of Al LaRose, Jr. as a Class I Director
In connection with the SPA, on April 13, 2018, Al LaRose, Jr. was appointed to fill a newly created seat on the Company's board of directors as a Class I Director, to serve until the 2019 annual meeting of the Company's stockholders, at which point Mr. LaRose will become subject to the Company's customary director election procedure.  Mr. LaRose's committee assignments have not yet been determined.
Other than the SPA between Mr. LaRose and the Company, there is no arrangement or understanding between Mr. LaRose and any other persons pursuant to which Mr. LaRose was selected as a director. Other than the SPA between Mr. LaRose and the Company, Mr. LaRose has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K. It is anticipated that the Company will enter into an indemnification agreement with Mr. LaRose on substantially the same terms as for the Company's other directors that obligates the Company to indemnify Mr. LaRose in his capacity as a director of the Company.
Item 9.01  Financial Statements and Exhibits.
(d)
Exhibits
Exhibit
Description
10.1
Securities Purchase Agreement dated April 13, 2018
10.2
Registration Rights Agreement dated April 13, 2018
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.
Dated:  April 17, 2018
SUMMER ENERGY HOLDINGS, INC.
By:
/s/ Jaleea P. George
Name:
Jaleea P. George
Title:
Chief Financial Officer