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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): June 19, 2014
LEATT CORPORATION
(Exact name of registrant as specified in its charter)
Nevada
(State or other jurisdiction of
incorporation or organization)
000-54693
(Commission File Number)
20-2819367
(IRS Employer Identification No.)
50 Kiepersol Drive, Atlas Gardens, Contermanskloof Road,
Durbanville, Western Cape, South Africa, 7441
(Address of Principal Executive Offices)
Registrant's telephone number, including area code: +(27) 21-557-7257
N/A
(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.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 7.01. REGULATION FD DISCLOSURE.
In anticipation of the publication of information regarding certain of its unreleased protective helmet prototypes for cycling sports, Leatt
Corporation (the "Company") is filing this current report on Form 8-K to disclose information on these pipeline products in order to avoid the
selective disclosure of any material nonpublic information. The Company's press release is attached hereto as Exhibit 99.1.
The information contained in this Current Report on Form 8-K and the exhibits attached hereto shall not be deemed to be "filed" for purposes
of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section,
nor shall such information or such exhibits be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or
the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. The information set forth in or exhibits to this
Form 8-K shall not be deemed an admission as to the materiality of any information in this report on Form 8-K that is required to be disclosed
solely to satisfy the requirements of Regulation FD.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits.
Exhibit
No.
99.1
Description
Press Release dated June 19, 2014.
SIGNATURE
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.
LEATT CORPORATION
Dated: June 19, 2014
By: /s/ Sean Macdonald
Sean Macdonald
Chief Executive Officer and Chief Financial Officer
EXHIBIT INDEX
Exhibit
No.
99.1
Description
Press Release dated June 19, 2014.
LEATT UNVEILS HELMET PROTOTYPES
Leatt Presents Innovative Helmet Technology - Significantly
Smaller than Competitors’ Helmets, Designed to Prevent
Concussions in Motocross, Cycling
CAPE TOWN, South Africa (June 19, 2014) – Leatt Corporation (OTCQB: LEAT), a global developer of personal protective equipment for
athletes, in extreme sports, including the Leatt-Brace®, which helps prevent devastating cervical spine injuries in helmeted sports, today
announced that it has introduced to the trade press two innovative, “full face,” uniquely- designed protective helmet prototypes for off-road
motorcycle and cycling use. The official launch of the new line of helmets is planned for this summer.
“The helmets, designed by our Leatt Lab engineers and team of international designers, are designed to be up to 20 percent smaller than those
of our major competitors, in order to reduce momentum to the neck, as well as relative brain rotation during a crash. The helmets are equipped
with a variety of innovations to maximize protection while providing the superlative blend of comfort and safety that Leatt is known for
worldwide,” noted Leatt Founder and Research and Development head, Dr. Christopher Leatt.
The two helmet prototypes shown in the demonstration, a GPX Motocross design and a DBX Downhill mountain biking design, have been
equipped with a patent-pending, 360 degree Turbine technology that uses a visco-elastic polymer material called Armourgel. The 360 degree
Turbine technology is built into a circular array of impact-absorbing spacers placed between the rider’s head and the helmet’s padded EPS liner
to help control a rider’s head rotation within the helmet liner while protecting the brain from the kinds of low energy impacts that are
considered to be the leading cause of concussions among cyclists and off-road motorcycle riders. Leatt will also use the impact protection
qualities of Armourgel in a new line of lightweight knee and elbow guards, chest and back protection gear and on the back of its gloves.
“We are very excited about the upcoming introduction of our new line of helmets, which are the culmination of years of research, development
and testing by our international team of advanced engineers and designers,” CEO Sean Macdonald said. “We have a commercialization plan in
place that we believe will allow us to demonstrate to the world that we continue to lead in the design of comfortable, safe and effective
protective gear. We look forward to the official global launch of our new helmet designs at industry shows in the coming months.”
The new Leatt helmets are also engineered to reduce the thickness necessary to mute forceful impacts by utilizing a dual density in-molded
EPS liner.
About Leatt Corporation
Leatt Corporation develops personal protective equipment and ancillary products for all forms of sports, especially extreme motor sports. The
Leatt-Brace® is an award-winning neck brace system considered the gold standard for neck protection for anyone wearing a crash helmet as a
form of protection. It was designed for participants in extreme sports or riding motorcycles, bicycles, mountain bicycles, all-terrain vehicles,
snowmobiles and other vehicles. For more information, visit: www.leatt-corp.com | www.leatt.com
Forward-looking Statements
This press release may contain forward-looking statements regarding Leatt Corporation (the “Company”) within the meaning of the "safe
harbor" provisions of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included
herein are "forward-looking statements" including statements regarding: the impact of the Company’s new helmet designs on the business and
operations of the Company ; the general ability of the Company to achieve its commercial objectives, including the ability of the Company to
effect the global launch of the new helmet designs in the coming months and to implement its commercialization plan for the new helmets; the
business strategy, plans and objectives of the Company and its subsidiaries; and any other statements of non-historical information. These
forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects," "anticipates," "seeks,"
“should,” “could,” "intends," or "projects" or similar expressions, involve known and unknown risks and uncertainties. Although the
Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and
uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking
statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in
these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed
with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to
the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the
securities laws, the Company does not assume a duty to update these forward-looking statements.
Contacts:
Leatt Corporation
Sean Macdonald
Chief Executive Officer
[email protected]
+ (27) 21 557 7257
Allen & Caron, Inc.
Michael Mason (Investors)
[email protected]
(212) 691-8087
Len Hall (Media)
[email protected]
(949) 474-4300