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: NOVEMBER 18, 2004
SPACEDEV, INC.
(Exact Name of Registrant as Specified in Charter)
COLORADO 000-28947 84-1374613
(State or Other Jurisdiction (Commission File (I.R.S. Employer
of Incorporation) Number) Identification Number)
13855 STOWE DRIVE
POWAY, CALIFORNIA 92064
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (858) 375-2030
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 Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
PAGE
Item 5.02 Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers
Effective November 18, 2004 SpaceDev, Inc. announced that its Board of
Directors has appointed Richard B. Slansky to the position of President, also
granting him a seat on the Company's Board of Directors. Mr. Slansky will
remain SpaceDev's Chief Financial Officer and Corporate Secretary, positions he
has held since joining the Company in February 2003. There were no changes to
the original employment agreement between Mr. Slansky and SpaceDev. Mr. Slansky
will receive no additional compensation for his services as a director of the
Company, and is not expected to hold a position on any of the existing
committees of the Board of Directors.
Mr. Slansky, age 47, joined us as our Chief Financial Officer and Secretary
on February 10, 2003. Mr. Slansky served as interim Chief Executive Officer and
Chief Financial Officer of Quick Strike Resources, Inc., an IT training,
services and consulting firm, from July 2002 to February 2003. Previously, Mr.
Slansky served as Chief Financial Officer, Vice President of Finance,
Administration and Operations and Corporate Secretary for Path 1 Network
Technologies, Inc., a company focused on merging broadcast and cable quality
video transport with IP networks from May 2000 to July 2002. Before his tenure
at Path 1, Mr. Slansky served as President, Chief Financial Officer and member
of the Board of Directors of Nautronix, Inc., a marine electronics/engineering
services company, from January 1999 to May 2000. Prior to Nautronix, Mr. Slansky
served as Chief Financial Officer of Alexis Corporation, an international
pharmaceutical research products technology company, from August 1995 to January
1999. He also served as President and Chief Financial Officer of C-N
Biosciences, formerly Calbiochem, from July 1989 to July 1995. Mr. Slansky is
currently serving on the Board of Directors of two privately held high
technology companies, one closely held private real estate company and the
not-for-profit Board of the Girl Scouts, San Diego-Imperial Council. Mr. Slansky
earned a bachelor's degree in economics and science from the University of
Pennsylvania's Wharton School of Business and a master's degree in business
administration in finance and accounting from the University of Arizona.
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 as of November 18, 2004.
SPACEDEV, INC.
By:/s/ Richard B. Slansky
-------------------------
Richard B. Slansky
President &
Chief Financial Officer