-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, GpcgwD8mJT5BLSCLRjVL/Xuo3Ci4AUdBgQBnMcIy+r5xIooxzb5w3IdL/yQwXaR+ RgGuslrIuqz88E3V+0030g== 0001140361-08-016712.txt : 20080709 0001140361-08-016712.hdr.sgml : 20080709 20080709091744 ACCESSION NUMBER: 0001140361-08-016712 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20080708 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20080709 DATE AS OF CHANGE: 20080709 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CONCURRENT COMPUTER CORP/DE CENTRAL INDEX KEY: 0000749038 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPUTERS [3571] IRS NUMBER: 042735766 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-13150 FILM NUMBER: 08944030 BUSINESS ADDRESS: STREET 1: 4375 RIVER GREEN PARKWAY STREET 2: SUITE 100 CITY: DULUTH STATE: GA ZIP: 30097 BUSINESS PHONE: 6782584000 MAIL ADDRESS: STREET 1: 4375 RIVER GREEN PARKWAY STREET 2: SUITE 100 CITY: DULUTH STATE: GA ZIP: 30097 FORMER COMPANY: FORMER CONFORMED NAME: MASSACHUSETTS COMPUTER CORP DATE OF NAME CHANGE: 19881018 8-K 1 form8k.htm CONCURRENT COMPUTER CORP 8K 7-8-2008 form8k.htm
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):
July 8, 2008
 

Concurrent Computer Corporation
(Exact Name of Registrant as Specified in its Charter)
 

Delaware
  
0-13150
  
04-2735766
(State or Other Jurisdiction of Incorporation)
  
(Commission File Number)
  
(IRS Employer Identification Number)

4375 River Green Parkway, Suite 100, Duluth, Georgia
  
30096
(Address of Principal Executive Offices)
  
(Zip Code)

Registrant’s telephone number, including area code:  (678) 258-4000

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:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o 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 July 8, 2008, stockholders of Concurrent Computer Corporation (“Concurrent”) approved a one-for-ten reverse stock split (the “Reverse Stock Split”) that became effective on July 9, 2008 upon the filing of a Certificate of Amendment to Concurrent’s Restated Certificate of Incorporation with the Secretary of State of the State of Delaware.
 
No fractional shares of Concurrent’s common stock will be issued as a result of the Reverse Stock Split.  Instead, stockholders who otherwise would be entitled to receive a fractional share of common stock as a consequence of the Reverse Stock Split, upon surrender to the exchange agent of the certificates representing such fractional shares, will instead be entitled to receive cash in an amount equal to the product obtained by multiplying (a) the closing sale price of Concurrent’s common stock on the business day immediately preceding the effective date of the Reverse Stock Split as reported on the Nasdaq Global Market by (b) the number of shares of Concurrent’s common stock held by the stockholder that would otherwise have been exchanged for the fractional share interest.
 
A copy of the press release issued by Concurrent announcing the approval of the Reverse Stock Split is attached hereto as Exhibit 99.1.


Item 9.01.
Financial Statements and Exhibits.

(d) Exhibits

Press Release dated July 9, 2008.

 
 
 

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.


   
CONCURRENT COMPUTER CORPORATION
       
       
Date:  July 9, 2008
  
By:
/s/ Emory O. Berry
     
Name: Emory O. Berry
     
Title: Chief Financial Officer
 
 
EX-99.1 2 ex99_1.htm EXHIBIT 99.1 ex99_1.htm
Exhibit 99.1

Concurrent Stockholders Approve Reverse Stock Split
 
ATLANTA, GA – July 9, 2008 - Concurrent (Nasdaq: CCUR), a worldwide leader in real-time Linux-based computing technologies, announced today that on July 8, 2008, its stockholders approved a reverse split of its common stock at a ratio of 10-for-1, such that each ten shares of issued and outstanding common stock and equivalents will be converted automatically into one share of common stock. The reverse stock split became effective today after Concurrent filed a Certificate of Amendment to its Restated Certificate of Incorporation with the Secretary of State of the State of Delaware.
 
 
“We are pleased with the strong support of our stockholders in approving the reverse split and the confidence it represents in Concurrent’s business going forward,” stated Dan Mondor, Concurrent’s president and CEO.
 
 
Stockholders will receive instructions from their broker or Concurrent’s transfer agent, American Stock Transfer & Trust Company, containing the appropriate procedures for turning in their old shares for new, post-split shares.  Fractional stockholdings will be paid out in cash based on Concurrent’s closing stock price on July 8, 2008.  Further information on the logistics regarding the reverse split can be obtained by contacting Concurrent.
 

About Concurrent
Concurrent (Nasdaq: CCUR) is a leading provider of real-time Linux-based computing technologies for commercial and government markets.  Industries served include cable and telecommunications providers, defense and aerospace contractors, automotive manufacturers and financial institutions.  For over 40 years, Concurrent's best-of-breed products have enabled a range of time-critical solutions including: modeling and simulation, high speed data acquisition, visual imaging, low latency transaction processing and on-demand television.  Concurrent's on-demand television applications are utilized by major service providers in the cable and IPTV industries to deliver video-on-demand (VOD).  Concurrent’s Everstream line of advanced reporting and monitoring tools measures the effectiveness of interactive television for 26 million digital cable subscribers in over 250 markets worldwide.  Concurrent is a global company with regional offices in North America, Europe, Asia and Australia, and has products actively deployed in more than 26 countries.  Concurrent's products and services are recognized for being uniquely flexible, comprehensive, robust and reliable.  For more information, please visit www.ccur.com

#     #     #

 
 
 

For more information, contact:

Concurrent Media Relations
Rebecca Biggs
GCI Group
404.242.8763
rbiggs@gcigroup.com

Concurrent Investor Relations
Kirk Somers
678.258.4000
investor.relations@ccur.com

Certain statements made or incorporated by reference in this release may constitute “forward-looking statements” within the meaning of the federal securities laws.  Statements regarding future events and development, our future performance, our compliance with Nasdaq Marketplace Rules as well as our expectations, beliefs, plans, estimates, or projections relating to the future, are forward-looking statements within the meaning of these laws. All forward-looking statements are subject to certain risks and uncertainties that could cause actual events to differ materially from those projected.  Such risks and uncertainties include our ability to meet stockholder expectations and future performance.

Important risk factors are discussed in our Form 10-K filed with the Securities and Exchange Commission on 31 August 2007, and may be discussed in subsequent filings with the SEC. The risk factors discussed in such Form 10-K under the heading “Risk Factors” are specifically incorporated by reference in this press release.  Our forward-looking statements are based on current expectations and speak only as of the date of such statements. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of future events, new information, or otherwise.

# # #

Concurrent Computer Corporation, its logo and Everstream and its logo are registered trademarks of Concurrent Computer Corporation. All other Concurrent product names are trademarks of Concurrent while all other product names are trademarks or registered trademarks of their respective owners.  Linux® is used pursuant to a sublicense from the Linux Mark Institute.
 
 
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