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) October 1419, 2010

OTIX GLOBAL, INC.

(Exact name of registrant as specified in its charter)

DELAWARE	000-30335	87-0494518
(State or other jurisdiction of incorporation or organization)	(Commission file number)	(I.R.S. Employer Identification No.)

4246 South Riverboat Road, Suite 300

Salt Lake City, UT 84123

(Address of principal executive offices)

(801) 312-1700

(Registrant’s telephone number, including area code)

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:

o Written Communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 1 8.01. ~~Amendment~~Other ~~to a Material Definitive Agreement~~Events.

On October 1419, 2010, GN ReSound A/S notified Otix Global, Inc. (“Otix”) ~~entered~~that ~~into the Second Amendment~~it towould ~~the~~not ~~Agreement~~be ~~and~~submitting ~~Plan~~any offurther ~~Merger~~proposals ~~(the “amendment”)~~ to ~~the~~acquire ~~Agreement and Plan of Merger dated as of September 13, 2010, and subsequently amended by~~ the ~~First~~ ~~Amendment~~company. Otix totherefore ~~the~~anticipates ~~Agreement~~consummating ~~and~~its ~~Plan of Merger dated October 6, 2010 (collectively, the “~~merger ~~agreement”)~~ with William Demant Holding A/S ~~(“WDH”). The~~at ~~amendment increases~~ the ~~price~~previously ~~which~~announced ~~WDH~~acquisition ~~will~~price ~~pay for each outstanding share~~ of ~~Otix common stock from~~ $~~10.00 to $~~11.01 per share, ~~which~~and ~~matches~~Otix ~~the~~will ~~most recent~~be ~~offer~~filing bya GNdefinitive ~~ReSound~~proxy ~~A/S~~statement ~~(“GN”)~~to ~~announced on October 12,~~obtain ~~2010. In~~approval ~~addition,~~of ~~WDH matched GN’s proposed changes to~~ the merger ~~agreement~~ by ~~increasing the termination fee payable from $5 million to $8 million. WDH also modified Section 6.03(c) to eliminate~~ its ~~right to not close the merger if a governing regulatory authority imposed conditions on its consent to the merger~~shareholders. ~~Now, only consents of governing regulatory authorities, with or without conditions, must be obtained as a condition to closing. All other terms are substantially the same.~~

A copy of the amendment and press release issued by WDH are filed as Exhibits 2.1 and 99.1, respectively, to this report and incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

	2.1	Second Amendment to Agreement and Plan of Merger dated as of October 14, 2010 by and among William Demant Holding A/S, OI Merger Sub, Inc. and Otix Global, Inc.
	99.1	WDH press release, dated October 14, 2010.

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 duly authorized.

Dated: October 15 19, 2010.


		OTIX GLOBAL, INC.


		/s/ Michael M. Halloran
		Michael M. Halloran
		Vice President and Chief Financial Officer

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