-----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, AXwLLAjl7+Sz259fGpGbwqxE32CUKPhOUqqLSHtF55iZ/u856ihf1nZ8jORFPsEH cAoj/TsT9ypFjk/hFDqL+Q== 0000950152-02-002856.txt : 20020416 0000950152-02-002856.hdr.sgml : 20020416 ACCESSION NUMBER: 0000950152-02-002856 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20020405 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20020411 FILER: COMPANY DATA: COMPANY CONFORMED NAME: REGENT COMMUNICATIONS INC CENTRAL INDEX KEY: 0000913015 STANDARD INDUSTRIAL CLASSIFICATION: RADIO BROADCASTING STATIONS [4832] IRS NUMBER: 311492857 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-74704 FILM NUMBER: 02607786 BUSINESS ADDRESS: STREET 1: 100 EAST RIVERCENTER BOULEVARD STREET 2: 9TH FLOOR CITY: COVINGTON STATE: KY ZIP: 41011 BUSINESS PHONE: 6062920030 MAIL ADDRESS: STREET 1: 100 EAST RIVERCENTER BLVD STREET 2: 9TH FLOOR CITY: COVINGTON STATE: KY ZIP: 41011 8-K 1 l93766ae8-k.txt REGENT COMMUNICATIONS, INC. 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): April 5, 2002 ------------- REGENT COMMUNICATIONS, INC. --------------------------- (Exact name of registrant as specified in its charter) Delaware 0-15392 31-1492857 - --------------------------- --------- ----------------- (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification Number) 100 East RiverCenter Boulevard, 9th Floor, Covington, Kentucky 41011 - -------------------------------------------------------------- ---------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (859) 292-0030 -------------- Not Applicable ------------------------------------------- (Former name or former address, if changed since last report) ITEM 5. OTHER EVENTS AND REGULATION FD DISCLOSURE On April 5, 2002, Regent Communications, Inc. announced its intention to offer approximately 8,000,000 shares of its common stock. A copy of this press release is attached hereto as Exhibit 99.1. On April 8, 2002, Regent Communications, Inc. filed an amendment to its registration statement on Form S-3 (File No. 333-84548) in connection with this offering and to register 215,828 shares of its common stock which may be sold in the offering by the selling stockholders named in the registration statement. This registration statement has not yet become effective. Subsequently, on April 10, 2002, those selling stockholders notified Regent Communications, Inc. that they no longer intended to sell such shares in this offering. On April 10, 2002, Regent Communications, Inc. announced its preliminary results for the first quarter ended March 31, 2002. Regent expects reported first quarter 2002 revenue in the $12.9 - $13.0 million range and broadcast cash flow in the $2.9 - $3.0 million range. The Company had previously expected to report first quarter 2002 revenue in the $12.8 - $13.1 million range and broadcast cash flow in the $2.5 - $2.7 million range. On a same station basis, Regent expects first quarter 2002 revenue to be down approximately 2%. This compares to previous guidance of same station revenue to be flat to down 5% in the first quarter of 2002. Regent expects reported earnings per share to be approximately $0.00 per share. Excluding the gain on sale of WGNA-AM in Albany, Regent expects a loss per share of $0.01, compared to previous guidance of a loss of $0.02 per share. This report includes certain forward-looking statements with respect to Regent Communications, Inc. for which we claim the protections of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve certain risks and uncertainties and include statements preceded by, followed by or that include words such as "anticipate," "believe," "plan," "estimate," "expect," "intend," "project" and other similar expressions. Although we believe our expectations reflected in these forward-looking statements are based on reasonable assumptions, such statements are influenced by our financial position, business strategy, budgets, projected costs, and plans and objectives of management for future operations. Actual results and developments may differ materially from those conveyed in the forward-looking statements based on various factors including, but not limited to: changes in economic, business and market conditions affecting the radio broadcast industry, the markets in which we operate, and nationally; increased competition for attractive radio properties and advertising dollars; fluctuations in the cost of operating radio properties; our ability to manage our growth; our ability to integrate these and other acquisitions; and changes in the regulatory climate affecting radio broadcast companies. Further information on other factors that could affect the financial results of Regent Communications, Inc. is included in Regent's filings with the Securities and Exchange Commission. These documents are available free of charge at the Commission's website at http://www.sec.gov and/or from Regent Communications, Inc. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS (a) Financial statements of businesses acquired. Not Applicable. (b) Pro forma financial information. Not Applicable. (c) Exhibits. 99.1 Press Release dated April 5, 2002 2 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. REGENT COMMUNICATIONS, INC. (Registrant) Date: April 10, 2002 By: ANTHONY A. VASCONCELLOS ------------------------------------ Anthony A. Vasconcellos Senior Vice President and Chief Financial Officer 3 EX-99.1 3 l93766aex99-1.txt EXHIBIT 99.1 EXHIBIT 99.1 Regent Communications, Inc. Announces Equity Offering COVINGTON, Ky.--(BUSINESS WIRE)--April 5, 2002--Regent Communications, Inc. (Nasdaq:RGCI) announced today that it intends to offer approximately 8,000,000 common shares. The Company will also grant the underwriters an option to purchase up to approximately 1,200,000 additional shares to cover over-allotments. All shares are being offered by the Company. The offering represents a new financing by the Company. Robertson Stephens will act as the lead underwriter on the offering and the underwriters will include Morgan Stanley, UBS Warburg, CIBC World Markets, and Sanders Morris Harris. Regent Communications is a radio broadcasting company focused on acquiring, developing, and operating radio stations in mid-sized and small markets. Regent Communications common stock is traded on the Nasdaq under the symbol "RGCI." A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time that the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. When available, a written prospectus may be obtained from Robertson Stephens at 555 California St., 26th Floor, San Francisco, CA 94104 or by phone by calling (415) 676-2526; Morgan Stanley at 1585 Broadway, Level B, New York, NY 10036 or by phone by calling (212) 761-6775; UBS Warburg at 1285 Avenue of the Americas, New York, NY 10019 or by phone by calling (212) 713-8802; CIBC World Markets by fax request at (212) 667-6136; and Sanders Morris Harris at 3100 Chase Tower, Houston, TX 77002 or by phone by calling (713) 224-3100. CONTACT: Regent Communications, Inc. Terry Jacobs, 859/292-0030 or Tony Vasconcellos, 859/292-0030 or Brainerd Communicators, Inc. John Buckley, 212/986-6667 buckley@braincomm.com -----END PRIVACY-ENHANCED MESSAGE-----