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) November 1722, 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 8~~ITEM 5.~~01.~~07 ~~Other~~Submission ~~Events.~~of matters to a Vote of Security holders

OnOtix ~~September 16~~Global, ~~2010,~~Inc. ~~Albert~~(“Otix”) ~~Goltz~~announced ~~filed~~today athat ~~putative~~its ~~class~~shareholders ~~action~~voted ~~suit~~to ~~challenging the~~approve the Agreement and Plan of Merger ~~(the~~dated ~~“Agreement”)~~as byof ~~and~~September ~~between Otix Global~~13, ~~Inc.~~ ~~(“Otix”),~~2010 by and among William Demant Holding A/S (“WDH”), ~~and~~ OI Merger Sub, Inc. ~~(the “Action”). On~~and ~~November 17~~Otix, ~~2010, the parties to the Action entered~~as ~~into~~amended aon ~~Memorandum~~October of6, ~~Understanding~~2010 ~~that~~and ~~sets~~October ~~forth~~14, ~~the~~2010 ~~principal terms of a~~(the“merger ~~settlement~~agreement”). Pursuant ofto the ~~Action~~merger agreement, ~~which~~WDH ~~would~~will ~~include~~acquire all the ~~dismissal~~outstanding ~~with~~common ~~prejudice~~stock of ~~all~~ ~~claims~~Otix. Of ~~against all of~~ the ~~defendants,~~shares ~~including Otix Global~~voted, approximately ~~Inc~~99.5% ~~(“Otix”) and~~voted ~~its~~in ~~Board~~favor of ~~Directors. The~~the ~~proposed~~proposal ~~settlement~~to isadopt ~~conditional upon, among other things,~~ the ~~execution of an appropriate stipulation of~~merger ~~settlement~~agreement, ~~consummation~~which ofrepresented ~~the~~approximately ~~acquisition~~68.3% of ~~Otix~~the bytotal ~~William~~outstanding ~~Demant Holding~~shares ~~A/S~~as ~~and~~of OIOctober ~~Merger Sub~~18, ~~Inc. (collectively “WDH”) (the “Acquisition”)~~2010, ~~and final approval of~~ the ~~proposed~~record ~~settlement by the Court~~date.

~~On October~~Under ~~22, 2010, Otix filed a definitive proxy statement (~~the ~~“Proxy~~ ~~Statement”)~~terms ~~with~~of the ~~Securities~~merger ~~and~~agreement, ~~Exchange~~Otix ~~Commission~~shareholders ~~describing~~will ~~the~~receive ~~Agreement and~~$11.01 ~~soliciting~~in ~~stockholder~~cash ~~approval of the Agreement and the merger contemplated~~for ~~thereby. The~~each ~~Proxy~~share ~~Statement~~of ~~was mailed to~~ Otix ~~stockholders~~common onstock ~~or about~~they ~~October 25, 2010~~own. As ~~part~~Completion of the ~~proposed~~merger ~~settlement, Otix~~remains ~~hereby~~subject ~~makes~~to ~~additional~~clearance ~~disclosures~~pursuant to ~~its~~the ~~stockholders~~Hart-Scott-Rodino byAntitrust ~~filing~~Improvement ~~the Fairness~~Act ~~Opinion~~of ~~Analysis,~~1976 ~~dated~~and asother ofcustomary ~~October~~closing 6,conditions. ~~2010,~~Subject ~~prepared~~to bythe ~~Valuation~~satisfaction ~~Research~~of ~~Corporation~~these conditions, ~~Otix’s~~the ~~financial~~merger ~~advisor,~~is ~~and~~expected ~~presented~~ to ~~Otix’s~~close ~~Board~~by the end of ~~Directors~~November.

A copy of the Fairness Opinion Analysis is filed as Exhibit 99.1 to this report and incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.		Description of Exhibit
99.1		Fairness Opinion Analysis as of October 6, 2010, prepared by Valuation Research Corporation.

99.1 Otix press release dated November 22, 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: November 1722, 2010.

OTIX GLOBAL, INC. By: /s/ Michael M. Halloran Michael M. Halloran Vice President and Chief Financial Officer

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