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): January 8, 2010 (January 8, 2010)

 
SCI ENGINEERED MATERIALS, INC.
(Exact name of registrant as specified in its charter)

  Commission file number: 0-31641
         
Ohio
     
31-1210318
(State or other jurisdiction
of incorporation)
     
(IRS Employer
Identification No.)
 
     
2839 Charter Street, Columbus, Ohio
 
43228
(Address of principal executive offices)
 
(Zip Code)
 
(614) 486-0261
 
Registrant’s telephone number, including area code
 
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 (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 3.03 MATERIAL MODIFICATION TO RIGHTS OF SECURITY HOLDERS.

A total of 150,000 common stock warrants, which were originally in the estates of Dr. Edward R. Funk Sc.D. and Ingeborg V. Funk, founders of SCI Engineered Materials, Inc. (formerly Superconductive Components, Inc.), were exercised on January 8, 2010, at a price of $2.50 per common share.  The cash proceeds to SCI Engineered Materials, Inc. were $375,000.


 
 

 
 
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.
 
         
   
SCI ENGINEERED MATERIALS, INC.
     
Date: January 8, 2010
 
By
 
/s/ Daniel Rooney
       
Daniel Rooney
President and Chief Executive Officer