UNITED STATES
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: APRIL 12, 2005
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))
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Item 5.02 Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers
Effective April 12, 2005, as part of her continuing commitment to the Company,
Susan C. Benson accepted an appointment to the Board of Directors of SpaceDev,
Inc., bringing the total number of board members to 9, five of whom are
independent directors.
Ms. Benson joined SpaceDev in 1997, serving as corporate secretary until 2003.
From approximately 1998 to 2004, Ms. Benson was, in part, responsible for the
Company's investor relations and public relations activities, managing
SpaceDev's strategic messaging to build industry and media awareness as well as
strengthening shareholder relations.
Prior to joining SpaceDev, Ms. Benson was the customer support manager for
Compusearch Software Systems in McLean, Virginia from 1986 through 1995. Ms.
Benson also served as secretary/treasurer of the Compusearch Software Systems
Board of Directors.
Ms. Benson currently owns approximately 4.6 million shares of SpaceDev common
stock and is currently the Company's largest stockholder.
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 April 12, 2005
SPACEDEV, INC.
By: /s/ Richard B. Slansky
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Richard B. Slansky
President &
Chief Financial Officer