Annual Reports

 
Quarterly Reports

 
8-K

  • 8-K (Feb 22, 2018)
  • 8-K (Jan 26, 2018)
  • 8-K (Dec 29, 2017)
  • 8-K (Nov 8, 2017)
  • 8-K (Oct 26, 2017)
  • 8-K (Jul 25, 2017)

 
Other

JAKKS Pacific 8-K 2013

Documents found in this filing:

  1. 8-K
  2. Ex-4.1
  3. Ex-4.2
  4. Ex-10.1
  5. Ex-10.1



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):
July 18, 2013 


JAKKS PACIFIC, INC.
(Exact Name of registrant as specified in its charter)

 

Delaware 0-28104 95-4527222

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(I.R.S. Employer

Identification No.)

 

22619 Pacific Coast Highway

Malibu, California

  90265

(Address of principal

executive offices)

  (Zip Code)


 

Registrant’s telephone number, including area code: (310) 456-7799

 

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))

 



 

 

1
 

 

 

JAKKS PACIFIC, INC.
INDEX TO FORM 8-K
FILED WITH THE SECURITIES AND EXCHANGE COMMISSION
July 24, 2013

 

ITEMS IN FORM 8-K

 

        Page
         
Facing Page       1
         
Item 1.01   Entry into a Material Definitive Agreement   3
Item 2.03   Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant   3
Item 3.02   Unregistered Sales of Equity Securities   3
Item 9.01   Financial Statements and Exhibits   4
         
Signatures       5
         
Exhibit Index       6

 

 

2
 

 

 

Item 1.01 Entry into a Material Definitive Agreement.

 

On July 18, 2013, we entered into a Purchase Agreement with Merrill Lynch, Pierce, Fenner & Smith Incorporated (the “Initial Purchaser”) to sell $100 million in aggregate principal amount of 4.25% Senior Convertible Notes due 2018 (the “Notes”), which amount does not include the Initial Purchaser’s 30-day right to purchase up to an additional $15 million principal amount of the Notes. On July 24, 2013, we entered into an Indenture (the “Indenture”) with Wells Fargo Bank, National Association, as the Trustee for the Notes. The foregoing descriptions of the Purchase Agreement and the Indenture are qualified in their entirety by reference to the Purchase Agreement and the Indenture, copies of which are filed as exhibits to this Form 8-K and are incorporated by reference in this Item 1.01.

 

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

 

On July 24, 2013, we issued $100 million in aggregate principal amount of the Notes, pursuant to the Indenture. The Notes are our senior unsecured obligations, are entitled to semi-annual interest payments at a rate of 4.25% per annum and mature on August 1, 2018. The Notes are convertible into shares of our common stock at an initial conversion rate of 114.3674 shares of our common stock per $1,000 principal amount of Notes (equivalent to approximately $8.74 per share of common stock), subject to adjustment in certain circumstances. Upon conversion, the Notes will be settled in shares of our common stock. The foregoing description of the Notes is qualified in its entirety by reference to the Indenture and Form of Note, copies of which are filed as exhibits to this Form 8-K and are incorporated by reference in this Item 2.03.

 

Item 3.02 Unregistered Sales of Equity Securities

 

As discussed above, the Company issued $100 million aggregate principal amount of the Notes on July 24, 2013. The Initial Purchaser of the Notes received an aggregate discount of approximately $4.0 million. The offer and sale of the Notes to the Initial Purchaser was not registered under the Securities Act of 1933, as amended (the “Securities Act”), in reliance upon the exemption from registration under Section 4(2) of the Securities Act as such transaction did not involve a public offering of securities. The Initial Purchaser then offered for resale the Notes to qualified institutional buyers pursuant to the exemption from registration provided by Rule 144A under the Securities Act. The Company relied on these exemptions from registration based in part on representations made by the Initial Purchaser.

 

Additional information is provided in Item 2.03 above and is incorporated herein by reference to this Item 3.02.

 

3
 

 

 

Item 9.01     Financial Statements and Exhibits.

 

(c)   Exhibits

 

Exhibit    
Number   Description
     
4.1*   Indenture dated as of July 24, 2013 between JAKKS Pacific, Inc. and Wells Fargo Bank, National Association
4.2*   Form of 4.25% Senior Convertible Note Due 2018
10.1*   Purchase Agreement dated July 18, 2013 between JAKKS Pacific, Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated
-----------------------------
*   Filed herewith

 

4
 

 


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.

 

Dated: July 24, 2013 JAKKS PACIFIC, INC.
     
     
    By: /s/ Joel M. Bennett
      Joel M. Bennett
      Executive Vice President and Chief Financial Officer

 

 

5
 

 

Exhibit Index

 

Exhibit    
Number   Description
     
4.1*   Indenture dated as of July 24, 2013 between JAKKS Pacific, Inc. and Wells Fargo Bank, NA
4.2*   Form of 4.25% Senior Convertible Note Due 2018
10.1*   Purchase Agreement dated July 18, 2013 between JAKKS Pacific, Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated
-----------------------------
*   Filed herewith

 

 

 

6

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki