SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): May 3, 2016
READING INTERNATIONAL, INC.
(Exact Name of Registrant as Specified in its Charter)
Nevada |
1-8625 |
95-3885184 |
(State or Other Jurisdiction |
(Commission |
(IRS Employer |
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6100 Center Drive, Suite 900, Los Angeles, California |
90045 |
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(Address of Principal Executive Offices) |
(Zip Code) |
Registrant's telephone number, including area code: (213) 235-2240
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:
[ ] 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.
On May 2, 2016, T2 Partners Management, LP, T2 Accredited Fund, LP, T2 Qualified Fund, LP, Tilson Offshore Fund, Ltd., T2 Partners Management I, LLC, T2 Partners Management Group, LLC, JMG Capital Management, LLC and Pacific Capital Management, LLC (collectively referred to as “T2 Plaintiffs”) filed a petition on order shortening time seeking a preliminary injunction (1) enjoining the Inspector of Elections from counting any proxies purporting to vote either the 327,808 Class B shares represented by stock certificate B0005 (held of record by the Estate of James J. Cotter, Sr.) or the 696,080 Class B shares represented by stock certificate RDIB 0028 (held of record by the James J. Cotter, Sr. Living Trust) at the upcoming June 2, 2016 Annual Meeting of Stockholders, and (2) enjoining Ellen Cotter, Margaret Cotter and James J. Cotter, Jr. from voting the above referenced shares at the 2016 Annual Meeting of Stockholders. We believe that the above referenced shares are currently held of record by the Cotter Estate and the Cotter Trust, and such shares can be voted by the Co-Executors of the Cotter Estate and the Trustees of the Cotter Trust, as applicable. Also, we believe that the claims asserted by T2 Plaintiffs are without merit and seek equitable remedies for which no relief can be given. No hearing date has been set at the time of filing this Form 8-K.
Item 8.01 Other Events.
Reading International, Inc. (“Reading” or the “Company”), through it press release dated May 4, 2016, announced today that it received notice from the NASDAQ Listing Qualifications Department stating that it regained compliance with NASDAQ Listing Rule 5250(c)(1) by filing with the Securities and Exchange Commission its Annual Report on Form 10-K for the year ended December 31, 2015.
Item 9.01 Financial Statements and Exhibits.
99.1Press release issued by Reading International, Inc. on May 4, 2016, entitled “Reading International Regains Compliance with NASDAQ Listing Rules”.
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.
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READING INTERNATIONAL, INC. |
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Date: May 4, 2016 |
By: |
/s/ Devasis Ghose |
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Name: |
Devasis Ghose |
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Title: |
Chief Financial Officer |
Reading International Regains Compliance with NASDAQ Listing Rules
Los Angeles, California, May 4, 2016 – Reading International, Inc. (NASDAQ: RDI) (“Reading” or the “Company”) announced today that it received a notice from the NASDAQ Listing Qualifications Department on May 3, 2016 stating that it has regained compliance with the NASDAQ Listing Rule 5250(c)(1) by filing with the Securities and Exchange Commission its Annual Report on Form 10-K for the year ended December 31, 2015 (“2015 Form 10-K).
On March 31, 2016, the Company received notice from NASDAQ that it was not in compliance with the listing rule due to the delay in filing its 2015 Form 10-K beyond the extended filing due date of March 30, 2016. The Company filed its 2015 Form 10-K on April 29, 2016.
About Reading International, Inc.
Reading International (http://www.readingrdi.com) is in the business of owning and operating cinemas and developing, owning and operating real estate assets. Our business consists primarily of:
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the development, ownership and operation of multiplex cinemas in the United States, Australia and New Zealand; and |
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the development, ownership, and operation of retail and commercial real estate in Australia, New Zealand, and the United States, including Entertainment Themed Retail Centers in Australia and New Zealand and live theater assets in Manhattan and Chicago in the United States. |
Reading manages its worldwide business under various different brands:
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in the United States, under the |
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Reading Cinema brand (http://www.readingcinemasus.com); |
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Angelika Film Center brand (http://www.angelikafilmcenter.com); |
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Consolidated Theatres brand (http://www.consolidatedtheatres.com); |
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City Cinemas brand (http://www.citycinemas.com); |
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Beekman Theatre brand (http://www.beekmantheatre.com); |
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The Paris Theatre brand (http://www.theparistheatre.com); |
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Liberty Theatres brand (http://libertytheatresusa.com); and |
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Village East Cinema brand (http://www.villageeastcinema.com). |
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in Australia, under the |
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Reading Cinema brand (http://www.readingcinemas.com.au); |
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Newmarket brand (http://readingnewmarket.com.au); and |
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Red Yard Entertainment Centre (http://www.redyard.com.au). |
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in New Zealand, under the |
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Reading Cinema brand (http://www.readingcinemas.co.nz); |
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Rialto brand (http://www.rialto.co.nz); |
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Reading Properties brand (http://readingproperties.co.nz); and |
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Courtenay Central brand (http://www.readingcourtenay.co.nz). |
Cautionary Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 (the “Exchange Act”).
For a detailed discussion of these and other risk factors, please refer to Reading International’s Annual Report on Form 10-K for the year ended December 31, 2015 and other filings Reading International makes from time to time with the Securities and Exchange Commission (the “SEC”), which are available on the SEC’s Web site (http://www.sec.gov).
Investors are cautioned not to place undue reliance on our forward-looking statements, which speak only as of the date such statements are made. Reading International does not undertake any obligation to publicly update any forward-looking statements to reflect events, circumstances or new information after the date of this press release, or to reflect the occurrence of unanticipated events.
Contacts
Reading International, Inc.
Dev Ghose, Chief Financial Officer
(213) 235-2240
or
Reading International, Inc.
Andrzej Matyczynski, EVP – Global Operations
(213) 235 2240
or
Joele Frank, Wilkinson Brimmer Katcher
Kelly Sullivan or Matthew Gross
(212) 355-4449