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): January 29, 2014
BONDS.COM GROUP, INC.
(Exact name of registrant as specified in its charter)
| Delaware | 000-51076 | 38-3649127 | ||
| (State or other jurisdiction of incorporation) | (Commission File Number) |
(IRS Employer Identification No.)
|
|
1500 Broadway, 31st Floor New York, New York 10036 |
| (Address of principal executive offices) (Zip Code) |
| (212) 257-4062 |
| (Registrant’s telephone number, including area code) |
| Not Applicable |
| (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 8.01. Other Events.
On January 29, 2014, Bonds.com Group, Inc. issued a press release announcing that it is exploring its strategic alternatives. A copy of this press release is attached as Exhibit 99.1 to this Form 8-K, and is incorporated by reference herein.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
99.1 Press Release dated January 29, 2014
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: January 29, 2014
| BONDS.COM GROUP, INC. | ||
| By: | /s/ John Ryan | |
| John Ryan Chief Financial Officer | ||
Exhibit 99.1
FOR IMMEDIATE RELEASE
BONDS.COM GROUP EXPLORING STRATEGIC ALTERNATIVES
New York, NY – January 29, 2014 -- Bonds.com Group, Inc. (the “Company”) (OTCQB: BDCG) today announced that its Board of Directors is exploring and evaluating strategic alternatives for the Company, including a possible strategic investment, merger or sale of the Company. The Board of Directors has established a Special Committee consisting entirely of independent directors to provide focus, assistance and direct oversight of this process and has retained a financial advisor.
The Company has not set a timetable for completion of the evaluation process or made a decision to pursue any particular transaction, and there can be no assurance that any transaction will be pursued or completed.
George O’Krepkie, President of the Company, said: “As we begin this next phase of development, we are encouraged by prospects offered by potential partners for better serving our clients. We continue to conduct our business daily to meet client expectations and needs.”
About Bonds.com Group, Inc.
The Company, through its subsidiary Bonds.com, Inc., serves institutional fixed income investors by providing a comprehensive, zero subscription fee online trading platform for corporate fixed income securities. The Company provides a global solution for trading small lot inventories electronically. More information about the Company and its trading platform may be found at www.bonds.com.
Forward-Looking Statements
The statements in this press release that are not historical, including statements regarding the Company’s beliefs, expectations, prospects, strategic plans and statements regarding the potential for future transactions, constitute “forward looking statements” within the meaning of the federal securities laws. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Important factors that could cause the differences are discussed in the Company’s reports on Forms 10-Q, 10-K, and 8-K that the Company periodically files with the Securities and Exchange Commission. The Company does not undertake to update any forward-looking statements in this press release to reflect events or circumstances after the date they were made, including any undertaking to disclose developments with respect to the strategic review process until such time as its Board of Directors approves a specific transaction or it otherwise deems further disclosure is appropriate or required by law. Copies of the Company’s SEC filings, including its annual report on Form 10-K and quarterly reports on Form 10-Q, may be obtained at the Investor Relations section of the Company’s website at www.bonds.com.
Contact:
Bonds.com Group, Inc.
John Ryan, Chief Financial Officer
(212) 257-4062