8-KThe WireRoutine
Reg FD Disclosure · Company Update
Filed Feb 27, 2015 · 11y ago · Accession 0001193125-15-067495
Plain English
Material event — a significant development the company must disclose promptly.
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Filing text
View original ↗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) February 27, 2015
Nathans Famous, Inc.
(Exact name of registrant as specified in its charter)
Delaware
1-3189
11-3166443
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
One Jericho Plaza, Jericho, New York
11753
(Address of principal executive offices)
(Zip Code)
Registrants telephone number, including area code: (516) 338-8500
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 230.425)
¨
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.
On February 27, 2015, Nathans Famous, Inc. (the
Company) announced that the Company intends to offer, subject to market and other conditions, $125.0 million aggregate principal amount of Senior Secured Notes due 2020 (the Notes) in a private offering. The Notes are being
offered only to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the Securities Act) and outside the United States in reliance on Regulation S under the Securities Act. The Company
intends to use the net proceeds of the Notes offering to pay a special dividend of up to approximately $116.0 million to Company stockholders of record and the remaining net proceeds for general corporate purposes, including working capital. If the
Notes offering is consummated, the Companys board of directors will set the record date and the payment date of the dividend following closing.
In connection with the private offering of the Notes, the Company is disclosing certain information to prospective investors in an offering
memorandum dated February 27, 2015 (the Preliminary Offering Memorandum). Pursuant to Regulation FD, the Company is furnishing as Exhibit 99.1 certain information excerpted from the Preliminary Offering Memorandum consisting of
(i) certain subsections of the section captioned Summary, (ii) the section captioned Summary Historical Consolidated Financial and Other Data, (iii) the section captioned Capitalization and
(iv) the section captioned Selected Historical Consolidated Financial Data, which information is incorporated herein by reference.
The information in this Item 7.01 and Exhibit 99.1 attached hereto is being furnished and shall not be deemed 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 and shall not be deemed incorporated by reference into any filing by the Company
under the Securities Act or the Exchange Act, unless specifically identified therein as being incorporated by reference therein.
This
Current Report on Form 8-K shall not constitute an offer to sell, or the solicitation of an offer to buy, any of these securities, nor shall there be any sale of these securities in any state in which such offer, solicitation, or sale would be
unlawful prior to registration or qualification under the securities laws of such states.
Portions of this Current Report on Form 8-K
contain forward-looking statements and involve risks and uncertainties that could materially affect the Companys expectations. Actual results may differ from anticipated results sometimes materially. Factors that could cause results to differ
include, but are not limited to, approval of the final terms by our board of directors. Words such as estimate, project, predict, will, would, should, could,
may, might, anticipate, plan, intend, believe, expect, aim, goal, target, objective, likely or similar
expressions that convey the prospective nature of events or outcomes generally indicate forward-looking statements. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this report. Unless
legally required, the Company does not undertake any obligation to update any forward-looking statements, as a result of new information, future events or otherwise. Material risks that may affect the Companys expectations appear in Risk
Factors of the Companys filings with the U.S. Securities and Exchange Commission.
Item 8.01
Other Events.
Press Release
On February 27, 2015, the Company issued a press release announcing the private offering of the Notes. A copy of the press release is
attached hereto as Exhibit 99.2 and is incorporated herein by reference.
Item 9.01
Financial Statements and Exhibits.
(d) Exhibits
Exhibit
No.
Description
99.1
Information excerpted from the Preliminary Offering Memorandum
99.2
Press Release, dated February 27, 2015
SIGNATURES
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.
February 27, 2015
NATHANS FAMOUS, INC.
By:
/s/ Ronald DeVos
Name:
Ronald DeVos
Title:
Vice President Finance and Chief Financial Officer (Principal Financial Officer and Accounting Officer)
EXHIBIT INDEX
Exhibit
No.
Description
99.1
Information excerpted from the Preliminary Offering Memorandum
99.2
Press Release, dated February 27, 2015
Filing details
- Company
- NATHANS FAMOUS, INC.
- Ticker
- NATH
- CIK
- 69733
- Form type
- 8-K
- Filing date
- Feb 27, 2015
- Report date
- Feb 27, 2015
- Document
- d879933d8k.htm
- Size
- 252 KB