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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
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Date of Report (Date of earliest event reported) July 17, 2006
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AMARU, INC.
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(exact name of registrant as specified in its charter)
Nevada
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(State or other jurisdiction of incorporation)
000-32695 88-0490089
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Commission File Number IRS Employer Identification Number
112 Middle Road, #08-01 Middland House, Singapore 188970
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(Address of principal executive offices)
Registrant's telephone number, including area code: (65) 6332 9287
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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 (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))
ITEM 8.01 OTHER EVENTS.
As of July 17,2006, Amaru, Inc., a Nevada corporation (the "Company")
commenced its private placement of 2,000,000 shares of common stock, par value
$0.001 per share, at a purchase price of $1.50 per share for a total purchase
price of $3,000,000 to accredited investors only. This is a new private
placement which does not include the previously reported sales in our reports
filed on Forms 8-K. The Company plans to use the proceeds of its offering for
working capital and business expansion of new projects.
The shares are to be offered and sold by the Company to investors whom
the Company had reasonable grounds to believe were "accredited investors" within
the meaning of Rule 501 of Regulation D under the Securities Act of 1933, as
amended (the "Securities Act"). The issuance of the shares is believed to be
exempt from the registration requirements of the Securities Act by reason of
Section 4(2) of the Securities Act and the rules and regulations, including
Regulation D and/or Regulation S thereunder, as transactions by an issuer not
involving a public offering.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act or 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Dated: July 17, 2006 AMARU, INC.
By: /s/ Colin Binny
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Colin Binny
President