UNITED STATES
SECURITES 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 reported) August 26, 2005
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Multiband Corporation
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(Exact name of registrant as specified in its chapter)
Minnesota 13529 41-1255001
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(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
9449 Science Center Drive
New Hope, Minnesota 55428
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 763-504-3000
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(Former name or former address, if changed since last report)
Item 2
Acquisition of Assets
On August 26, 2005, Multiband Corporation (the Company) completed its
acquisition of certain assets of Dinamo Entertainment, Inc. for approximately
two million dollars, $652,000 of which was paid for in Company stock, valued at
$1.50 per share, $550,000 of which was paid for in cash and the balance in
monthly payments due by November 2007. The consideration paid was based on the
Company's analysis of the value of the acquired video equipment and related
video subscribers totaling approximately 3,000. The cash was provided by funds
Multiband had previously raised in a private placement.
Item 7: Exhibits:
7.1 Acquisition Agreement
Signatures
Pursuant to the requirements of the Securities and Exchange Act of 1934, the
registrant has duly caused this Form 8-K report to be signed on its behalf by
the undersigned hereunto duly authorized.
Date: August 31, 2005 Multiband Corporation
By James L. Mandel
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James L. Mandel
Chief Executive Officer
2
Exhibit Index
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7.1 Acquisition Agreement