-----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, B6j2gG6yM/FCrk80BF1I5rnPLfN9Asdn5f7T/sm7zEJ9LYUpJxktY7Or1wIKy3RF K5JcJBmJp4EEmm05wHE4GQ== 0000938492-97-000273.txt : 19971031 0000938492-97-000273.hdr.sgml : 19971031 ACCESSION NUMBER: 0000938492-97-000273 CONFORMED SUBMISSION TYPE: SC 13E4/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19971030 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MAXCOR FINANCIAL GROUP INC CENTRAL INDEX KEY: 0000931707 STANDARD INDUSTRIAL CLASSIFICATION: LOAN BROKERS [6163] IRS NUMBER: 593262958 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13E4/A SEC ACT: SEC FILE NUMBER: 005-46439 FILM NUMBER: 97703240 BUSINESS ADDRESS: STREET 1: TWO WORLD TRADE CTR STREET 2: 84TH FL CITY: NEW YORK STATE: NY ZIP: 10048 BUSINESS PHONE: 2127487000 MAIL ADDRESS: STREET 1: TWO WORLD TRADE CENTER STREET 2: 84TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10048 FORMER COMPANY: FORMER CONFORMED NAME: FINANCIAL SERVICES ACQUISITION CORP /DE/ DATE OF NAME CHANGE: 19941020 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MAXCOR FINANCIAL GROUP INC CENTRAL INDEX KEY: 0000931707 STANDARD INDUSTRIAL CLASSIFICATION: LOAN BROKERS [6163] IRS NUMBER: 593262958 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13E4/A BUSINESS ADDRESS: STREET 1: TWO WORLD TRADE CTR STREET 2: 84TH FL CITY: NEW YORK STATE: NY ZIP: 10048 BUSINESS PHONE: 2127487000 MAIL ADDRESS: STREET 1: TWO WORLD TRADE CENTER STREET 2: 84TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10048 FORMER COMPANY: FORMER CONFORMED NAME: FINANCIAL SERVICES ACQUISITION CORP /DE/ DATE OF NAME CHANGE: 19941020 SC 13E4/A 1 AMENDMENT NO.1 TO SCHEDULE 13E4 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ------------------------------------ SCHEDULE 13E-4/A (Amendment No. 1) Issuer Tender Offer Statement (Pursuant to Section 13(e)(1) of the Securities Exchange Act of 1934) MAXCOR FINANCIAL GROUP INC. - -------------------------------------------------------------------------------- (Name of Issuer) MAXCOR FINANCIAL GROUP INC. - -------------------------------------------------------------------------------- (Name of Person(s) Filing Statement) (1) Redeemable Common Stock Purchase Warrants (2) Series B Redeemable Common Stock Purchase Warrants - -------------------------------------------------------------------------------- (Title of Class of Securities) (1) 57772G 118 (2) 57772G 126 - -------------------------------------------------------------------------------- (CUSIP Number of Class of Securities) Roger E. Schwed, Esq., General Counsel Maxcor Financial Group Inc. Two World Trade Center, 84th Floor New York, New York 10048 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications on Behalf of the Person(s) Filing Statement) October 16, 1997 - -------------------------------------------------------------------------------- (Date Tender Offer First Published, Sent or Given to Security Holders) Page 1 of 5 pages The Exhibit Index is on Page 4 1 This Amendment No. 1 amends and supplements the Issuer Tender Offer Statement on Schedule 13E-4 (the "Statement") filed electronically on October 16, 1997 with the Securities and Exchange Commission by Maxcor Financial Group Inc. ("Company") in connection with its offer to issue shares of its Common Stock in exchange for all of the outstanding Redeemable Common Stock Purchase Warrants and Series B Redeemable Common Stock Purchase Warrants of the Company upon the terms and subject to the conditions set forth in the Company's prospectus dated October 16, 1997 and related Exchange Offer materials. This Amendment is being filed to report the Company's issuance today of a Press Release, the text of which is attached hereto as an Exhibit and which is incorporated herein by reference. Only those items of the Statement that are amended and supplemented hereby are included herein. Unless otherwise defined herein, all capitalized terms shall have the same meanings ascribed to them in the Statement. Item 9. MATERIAL TO BE FILED AS EXHIBITS. Item 9 of the Statement is hereby amended and supplemented by adding the following information: (a)(ix) Text of Press Release dated October 29, 1997. 2 SIGNATURE After due inquiry and to the best of the undersigned's knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. MAXCOR FINANCIAL GROUP INC. By: /s/ Gilbert Scharf ------------------------------ Gilbert Scharf Chairman of the Board, Chief Executive Officer and President Date: October 29, 1997 3 EXHIBIT INDEX Exhibit No. Description Page 99.9(a)(ix) Text of Press Release dated October 29, 1997 5 4 EX-99.9(A)(IX) 2 PRESS RELEASE EXHIBIT 99.9(a)(ix) FOR IMMEDIATE RELEASE Maxcor Financial ---------------------------- Contact: Maxcor Financial Group Inc. Two World Trade Center, 84th Floor New York, NY 10048 (212) 748-7000, Gilbert Scharf EURO BROKERS MAXCOR INC. CLOSES EMERGING MARKET DESKS EARLY TO CATCH UP WITH UNPRECEDENTED TRADE VOLUME New York, October 29, 1997 - Euro Brokers Maxcor Inc., a registered broker-dealer and wholly-owned subsidiary of Maxcor Financial Group Inc. (NASDAQ: MAXF), announced to its customers this morning that it would close its emerging market desks earlier than usual today, at 1:00 p.m. (EST), to enable its brokers and back-office personnel to catch-up with the record volume of orders that began last week. Euro Brokers said that its trading volume in emerging market debt had increased more than five-fold over normal trading volume and that the price volatility associated with that increase has also been unprecedented. The early closing will not effect any of the other desks maintained by Euro Brokers or its affiliates in other areas, such as money market instruments, derivative products, energy products, other fixed income securities or repurchase agreements, all of which will remain open for business as usual. Gilbert Scharf, Chief Executive Officer of Maxcor Financial Group, emphasized that "The early close of trading at our emerging market desks today is simply prudent management. The extraordinarily high volumes of trading have necessarily introduced delays in the trade instruction and confirmation process that are unacceptable. Rather than continue to add to the volume and potentially exacerbate the delays, we have asked our customers to trade away from us for the balance of the day so we can focus all our resources on completing the matching and confirmation process on existing trades. We expect to complete this process overnight. In the meantime, we have asked for and received the support and understanding of our customers, who, in struggling with record trade volumes of their own, have indicated their appreciation of the need for the temporary shutdown and catch-up period." Maxcor Financial Group Inc. is a financial services holding company. Through its Euro Brokers subsidiaries, it is a leading domestic and international inter-dealer brokerage firm operating from principal offices in New York, London, Tokyo, Toronto, Sydney and Mexico City. The Company employs approximately 700 professionals and services a wide range of multinational banks, securities dealers and other financial institutions. 5 -----END PRIVACY-ENHANCED MESSAGE-----