If
offering has not commenced, state reasons
briefly: N/A.
5.
(a)
Total
number of shares or other units offered
hereunder: 1,000,000.
(b)
Number
of such shares or other units sold from commencement of offering to
date: 0.
(c)
Number
of such shares or other units still being
offered: 0.
6.
(a)
Total
amount received from public from commencement of offering to
date: $0.
(b)
Underwriting
discount allowed: 10%. No placement agent fees were
paid as no shares of common stock have been
sold.
(c)
Expenses
paid to or for the account of the
underwriter: $0.
(d)
Other
expenses paid to date by or for the account of the
issuer:
(1)
Legal (including
organization): $0.
(2)
Accounting: $0.
(3)
Printing and
advertising: $0.
(4)
Other: $0.
(e)
Total
costs and expenses ((b), (c) and
(d)): $0.
(f)
Proceeds
to issuer after above deductions ((a) minus
(e)): $0.
7.
State
briefly the nature and extent of each type of the issuer’s principal
activities to date:
Blackhawk
to date has filed a Form N-54A Notification with the SEC electing to become a
business development company under Section 54 of the Investment Company Act of
1940, is actively reviewing eligible portfolio companies for prospective
investment and has retained Barak Asset Management LLC as investment
adviser. To date, Blackhawk has made one investment in MacroMarkets
LLC.
8.
State
whether the offering has been discontinued, and if so, state the date and
describe briefly the reasons for such discontinuance: The
offering was terminated on January 21, 2010. No shares were
sold in the offering. The offering was terminated due to
adverse market conditions for raising capital in a Regulation E offering
faced by Blackhawk and the placement
agents.
9.
The
offering had no minimum and had a maximum of
$5,000,000.
10.
List
the names and addresses of all brokers and dealers who have, to the
knowledge of the issuer or underwriters, participated in the distribution
of the securities offered during the period covered by this
report:
The following were the placement agents
for the offering: