UNITED STATES SECURITES 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 reported): April 1, 2005 Multiband Corporation ------------------------------------------------------ (Exact name of registrant as specified in its chapter) Minnesota 13529 41-1255001 ---------------------------- ------------------------ ------------------- (State or other jurisdiction (Commission File Number) (IRS Employer of incorporation) Identification No.) 9449 Science Center Drive New Hope, Minnesota 55428 ---------------------------------------- ---------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code 763-504-3000 ------------ ------------------------------------------------------- (Former name or former address, if changed since last report) Item 1.01 Entry into a Material Definitive Agreement After close of business March 31, 2005, the Company sold certain assets owned by its Multiband Business Services Group (a/k/a Corporate Technologies USA, Inc.) to Vicom Systems, LLC. A copy of the asset sale agreement is attached. Item 7.01 Elective Disclosure In conjunction with the aforementioned sale, the Company reduced its indebtedness to Convergent Capital by two million dollars. Signatures Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this Form 8-K report to be signed on its behalf by the undersigned hereunto duly authorized. Date: April 6, 2005 Multiband Corporation By James L. Mandel -------------------------------------- James L. Mandel Chief Executive Officer Exhibit Index Asset Purchase Agreement