0001144204-13-051625.txt : 20130919 0001144204-13-051625.hdr.sgml : 20130919 20130919170634 ACCESSION NUMBER: 0001144204-13-051625 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20130918 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20130919 DATE AS OF CHANGE: 20130919 FILER: COMPANY DATA: COMPANY CONFORMED NAME: JetPay Corp CENTRAL INDEX KEY: 0001507986 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 900632274 STATE OF INCORPORATION: NY FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-35170 FILM NUMBER: 131106071 BUSINESS ADDRESS: STREET 1: 150 NORTH RADNOR-CHESTER ROAD STREET 2: SUITE F-200 CITY: RADNOR STATE: PA ZIP: 19087 BUSINESS PHONE: 6109772482 MAIL ADDRESS: STREET 1: 150 NORTH RADNOR-CHESTER ROAD STREET 2: SUITE F-200 CITY: RADNOR STATE: PA ZIP: 19087 FORMER COMPANY: FORMER CONFORMED NAME: Universal Business Payment Solutions Acquisition Corp DATE OF NAME CHANGE: 20101215 8-K 1 v355483_8-k.htm FORM 8-K

 

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): September 18, 2013

 

JETPAY CORPORATION

(Exact Name of Registrant as Specified in Charter)

 

Delaware 001-35170 90-0632274
(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)

 

1175 Lancaster Avenue, Suite 100

Berwyn, PA 19312

(Address of Principal Executive Offices) (Zip Code)

 

(484) 324-7980

(Registrant’s Telephone Number, Including Area Code)

 

(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 September 18, 2013, JetPay Corporation (“JetPay” or the “Company”) received notice from the Securities and Exchange Commission of the effectiveness of a Registration Statement on Form S-3 covering approximately 11 million shares of the Company’s common stock. Approximately 10 million of such shares, including those resulting from the conversion of warrants on December 28, 2012 previously issued by the Company, are now eligible for public trading, subject to any other trading restrictions. The Company issued a press release dated September 19, 2013, which is attached to this Current Report on Form 8-K as Exhibit 99.1, to announce the registration of such shares and to provide details to stockholders seeking to trade their shares.

 

Item 9.01.Financial Statements and Exhibits.

 

(d)Exhibits.

 

Exhibit Number Description
   
99.1 Press Release of the Company, dated September 19, 2013, announcing the Company’s registration of shares.

 

 
 

 

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 hereunto duly authorized.

 

Dated: September 19, 2013      
  JETPAY CORPORATION  
       
  By: /s/ Gregory M. Krzemien  
    Name: Gregory M. Krzemien  
    Title:Chief Financial Officer  

  

 

EX-99.1 2 v355483_ex99-1.htm EXHIBIT 99.1

Description: JETPAY_LOGO_300dpi

Exhibit 99.1

 

JetPay Announces Registration of Shares

 

Registration of Approximately 11 Million Shares Effective Today

 

Berwyn, PA –September 19, 2013 – JetPay Corporation (“JetPay” or the “Company”) (NASDAQ: Common Stock: "JTPY"), announced today the effectiveness of a Registration Statement on Form S-3 covering approximately 11 million shares of its common stock. Beginning today, approximately 10 million of such shares, including those resulting from the conversion of warrants on December 28, 2012 previously issued by the Company, are now eligible for public trading, subject to any other trading restrictions.

 

Bipin C. Shah, Chairman and Chief Executive Officer of JetPay, commented: “This is a very exciting time for JetPay. We have achieved our first goal of acquiring secure, scalable debit and credit card processing and payroll platforms, both with solid customer bases that vertically integrate our financial services to small businesses.” Shah added, “Now with this registration of shares, we anticipate a more active trading of our stock in the public marketplace.”

 

Stockholders seeking to trade their shares should contact Michael Mullings at Continental Stock Transfer & Trust Company (“Continental”), JetPay’s stock transfer agent, in order to remove the restricted legend from any shares held by such stockholder. In order for any restricted legend to be removed, the shares will need to be listed alongside such stockholder’s name in the ”Selling Stockholders” table in the recently filed Prospectus that is part of the Registration Statement. The removal of the restrictive legends will allow the stockholders to trade their shares on the open market. Any stockholders with restricted shares who were not listed in the Prospectus should contact the Company to be included in a future filing. The Prospectus, containing this stockholder table, can be found at www.sec.gov, or can be accessed via the JetPay web site at www.jetpaycorp.com under “News.”

  

Contact Information:    
At the Company -OR- Media Inquiries
JetPay Corporation   Joan Wurzel
Peter Davidson   Director of Corporate Communications
Vice Chairman   JetPay Corporation
(484) 324 7982   610-747-0256
 peter.davidson@jetpaycorp.com                                    Joan.Wurzel@jetpaycorp,com

 

 
 

JetPay Announces Registration of Shares

 

About JetPay Corporation

 

JetPay is a leading provider of vertically integrated solutions for businesses including card acceptance, processing, payroll, payroll tax filing and other financial transactions. JetPay provides a one vendor solution for payment services, debit and credit card processing, ACH services, and payroll and tax processing needs of businesses throughout the U.S. The company also offers low-cost payment choices for the employees of these businesses to replace costly alternatives. Its vertically aligned services provide customers with convenience and increased revenues by lowering payments-related costs and by designing innovative, customized solutions for internet, mobile, and cloud-based recurring payments. Please visit www.jetpaycorp.com, www.jetpay.com, and www.jetpaypayroll.com for more information.

 

Forward-Looking Statements

 

This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. JetPay’s actual results may differ from its expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside JetPay’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to, those described under the heading “Risk Factors” in JetPay’ latest amended 10-Q for the quarter ended June 30, 2013.

 

JetPay cautions that the foregoing list of factors is not exclusive. Additional information concerning these and other risk factors is contained in JetPay’s most recent filings with the Securities and Exchange Commission. All subsequent written and oral forward-looking statements concerning JetPay or other matters and attributable to JetPay or any person acting on its behalf, are expressly qualified in their entirety by the cautionary statements above. JetPay cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. JetPay does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.

###

 

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