Altair Nanotechnologies, Inc.
UNITED
STATES
SECURITIES
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 event reported):
October 21, 2005
Altair
Nanotechnologies Inc.
(Exact
Name of Registrant as Specified in its Charter)
Canada
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1-12497
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33-1084375
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(State
or other jurisdiction of
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(Commission
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(IRS
Employer
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incorporation
or organization)
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File
Number)
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Identification
No.)
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204
Edison Way
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Reno,
NV
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89502
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(Address
of Principal Executive Offices)
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(Zip
Code)
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Registrant's
Telephone Number, Including Area Code:
(Former
name, former address, and formal fiscal year, 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):
[
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Written
communications pursuant to Rule 425 under the Securities Act (17
CFR
230.425)
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[
]
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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[
]
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR
240.14d-2(b))
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[
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR
240.13e-4(c)
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Item
1.01 Entry into a Material Definitive Agreement.
On
October 21, 2005, Altair Nanotechnologies Inc. (the "Company") entered into
a
lease (the “Lease”) with Flagship Enterprise Center, Inc. (“Landlord”) with
respect to office, laboratory and development space for the Company’s expanded
battery development program located in the Flagship Enterprise Center Building
located at 2701 Enterprise Drive in Anderson, Indiana. The leased premises
include approximately 4,744 square feet of office, laboratory and development
space. The term of the lease expires on September 31, 2008. Total rent for
the
leased premises, including normal utilities, real estate taxes and common area
fees is scheduled to be $7,907 per month during the first year (increasing
to
$8,302 per month during the second year and $8,697 per month during the third
year). This rent is net of a 20% rent subsidy offered by local government
entities. In exchange for that rent subsidy, the Company has agreed that
operations conducted at the leased premises will remain in Madison County,
Indiana for at least three years after the expiration of the three-year subsidy
period. In addition to the government rent subsidy, Landlord has authorized
a
$100,000 rental credit, the net effect of which is to give the Company free
rent
during the first year of the Lease.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange 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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Altair
Nonotechnologies, Inc. |
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Dated:
October 27, 2005 |
By: |
/s/ Edward
Dickinson |
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Edward
Dickinson Chief Financial
Officer |