-----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, MQ/YH7hYXtvXY5Mddb83p00ikQ6ILk/9M8ECiSbR6CrzHx/LfAwz6uARnQvjbzuL 0K55/Y/NCLo45Sy+9HKINA== 0001193125-10-210570.txt : 20100915 0001193125-10-210570.hdr.sgml : 20100915 20100915144334 ACCESSION NUMBER: 0001193125-10-210570 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20100915 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20100915 DATE AS OF CHANGE: 20100915 FILER: COMPANY DATA: COMPANY CONFORMED NAME: RADIANT SYSTEMS INC CENTRAL INDEX KEY: 0000845818 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] IRS NUMBER: 112749765 STATE OF INCORPORATION: GA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-22065 FILM NUMBER: 101073689 BUSINESS ADDRESS: STREET 1: 3925 BROOKSIDE PARKWAY CITY: ALPHARETTA STATE: GA ZIP: 30022 BUSINESS PHONE: 877-794-7237 MAIL ADDRESS: STREET 1: 3925 BROOKSIDE PARKWAY CITY: ALPHARETTA STATE: GA ZIP: 30022 8-K 1 d8k.htm FORM 8-K 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 15, 2010

 

 

RADIANT SYSTEMS, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Georgia   0-22065   11-2749765

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

3925 Brookside Parkway, Alpharetta, Georgia   30022
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code (770) 576-6000

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 (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 15, 2010, Radiant Systems, Inc., or the Company, issued a press release reporting the closing of its previously announced public offering of common stock. On September 14, 2010, the underwriters exercised their overallotment option in full, and the full amount of the offering of 3,502,062 shares by us and 1,895,863 shares by the selling shareholders closed on September 15, 2010. The net proceeds to the Company from the offering are expected to be approximately $56.4 million, after deducting underwriting discounts and commissions and estimated offering expenses.

The press release is attached herewith as Exhibit 99.1 and incorporated herein by reference.

 

Item 9.01 Financial Statements and Exhibits.

 

  (d) Exhibits.

 

  99.1 Press Release, dated September 15, 2010, issued by Radiant Systems, Inc.


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.

 

RADIANT SYSTEMS, INC.
By:  

/s/ John H. Heyman

Name:   John H. Heyman
Title:   Chief Executive Officer

Dated: September 15, 2010

EX-99.1 2 dex991.htm PRESS RELEASE Press Release

Exhibit 99.1

RADIANT SYSTEMS, INC. ANNOUNCES COMPLETION OF PUBLIC OFFERING OF 5,397,925 SHARES OF COMMON STOCK

ATLANTA—(BUSINESS WIRE)—September 15, 2010—Radiant Systems, Inc. (Nasdaq: RADS), today announced the closing of its previously announced underwritten public offering of 5,397,925 shares of common stock at a price to the public of $17.00 per share, consisting of 3,500,000 shares sold by the Company and 1,193,848 shares sold by certain selling stockholders in the base offering, and 2,062 shares sold by the Company and 702,015 shares sold by certain selling stockholders pursuant to an over-allotment option granted to the underwriters. The underwriters exercised their full over-allotment option on September 14, 2010, and the full amount of the offering closed on September 15, 2010. The net proceeds to the Company, after underwriting discounts and commissions and estimated offering expenses, are expected to be approximately $56.4 million. The Company will not receive any proceeds from the sale of the shares by the selling stockholders.

Jefferies & Company, Inc. and SunTrust Robinson Humphrey, Inc. acted as joint book-running managers in the offering, Raymond James & Associates, Inc. acted as co-lead manager, and Needham & Company, LLC, Northland Securities, Inc. and Wedbush Securities Inc. acted as co-managers for the offering.

Radiant intends to use the net proceeds of the offering to pay down the outstanding balance under the revolving portion of its credit facility, to fund working capital requirements and for general corporate purposes, including potential acquisitions.

The securities described above were offered by Radiant pursuant to a shelf registration statement previously filed with the Securities and Exchange Commission (the “SEC”) which was declared effective by the SEC on November 4, 2009. A final prospectus supplement related to the offering was filed with the SEC on September 10, 2010 and is available on the SEC’s web site at http://www.sec.gov. Copies of the final prospectus supplement relating to these securities may be obtained from Jefferies & Company, Inc., Attention: Syndicate Prospectus Department, 520 Madison Avenue, New York, NY, 10022 and at (888) 449-2342, or SunTrust Robinson Humphrey, Inc., Attention: Prospectus Department, 3333 Peachtree Road, NE, Atlanta, Georgia 30326 and at (404) 926-5744 or prospectus@rhco.com.

About Radiant Systems, Inc.

Headquartered in Atlanta, Radiant Systems, Inc. (Nasdaq: RADS) is a global provider of innovative technology to the hospitality and retail industries. With more than 100,000 installations worldwide, our customers include leading brands and venues in the restaurant and food service, sports and entertainment, petroleum and convenience, and specialty retail markets. Radiant has offices in North America, Europe, Asia and Australia.


This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to expectations regarding the use of proceeds from the public offering, and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the factors that could cause actual results to differ materially from those indicated in the forward-looking statements are risks and uncertainties associated with Radiant’s business and finances in general and other factors discussed in detail in Radiant’s periodic filings with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements.

CONTACT:

Radiant Systems, Inc.

Karen Leytze, 770-576-6811

Karen.leytze@radiantsystems.com

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