Current Report Filing (8-k)
June 03 2014 - 5:26PM
Edgar (US Regulatory)
UNITED STATES
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 27, 2014
WMI Holdings Corp.
(Exact Name of Registrant as Specified in Its Charter)
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Washington |
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001-14667 |
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91-1653725 |
(State or Other Jurisdiction
of Incorporation) |
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(Commission
File Number) |
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(IRS Employer
Identification No.) |
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1201 THIRD AVENUE, SUITE 3000
SEATTLE, WASHINGTON |
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98101 |
(Address of Principal Executive Offices) |
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(Zip Code) |
(206) 432-8887
(Registrants Telephone Number, Including Area Code)
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:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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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 May 27, 2014, WM Mortgage Reinsurance Company, Inc. (WMMRC), a wholly-owned subsidiary of WMI Holdings Corp. (the Company),
received approval from the State of Hawaii, Insurance Division, to declare a dividend of $16.5 million. The WMMRC Board of Directors had previously authorized the payment of the dividend to the Company. Upon receipt, the Company will deposit such
dividend to the extent constituting Runoff Proceeds (as defined in the Indentures) directly into the Collateral Account (as defined in the Indentures) for distribution to the note holders in accordance with the Indentures. The Indentures
mean: (i) the Senior First Lien Notes Indenture dated as of March 19, 2012 by and between the Company and Wilmington Trust, National Association, as trustee; and (ii) the Senior Second Lien Notes Indenture dated as of March 19,
2012 by and between the Company and Law Debenture Trust Company of New York, as trustee.
Cautionary Statement Regarding Forward-Looking Statements
This Form 8-K includes forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the
Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. All statements other than statements of historical fact included in this report that address activities, events, conditions or developments that we expect, believe
or anticipate will or may occur in the future are forward-looking statements. Forward-looking statements give our current expectations and projections relating to our financial condition, results of operations, plans, objectives, future performance
and business and these statements are not guarantees of future performance. These statements can be identified by the fact that they do not relate strictly to historical or current facts. Forward-looking statements may include the words
anticipate, estimate, expect, project, intend, plan, believe, strategy, future, opportunity, may, should,
will, would, will be, will continue, will likely result, and similar expressions. Such forward-looking statements involve risks and uncertainties that may cause actual events, results or
performance to differ materially from those indicated by such statements. These risks are identified and discussed in the Companys Form 10-K for the year ended December 31, 2013 under Risk Factors in Part I, Item 1A. These risk
factors will be important to consider in determining future results and should be reviewed in their entirety. These forward-looking statements are expressed in good faith and we believe there is a reasonable basis for them. However, there can be no
assurance that the events, results or trends identified in these forward-looking statements will occur or be achieved. Forward-looking statements speak only as of the date they are made, and we do not undertake to update any forward-looking
statement, except as required by law. Readers should carefully review the statements set forth in the reports, which the Company has filed or will file from time to time with the Securities and Exchange Commission.
Item 9.01. Financial Statements and Exhibits
None
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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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WMI HOLDINGS CORP.
(Registrant) |
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Date: June 3, 2014 |
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By: |
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/s/ Charles Edward Smith |
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Name: |
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Charles Edward Smith |
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Title: |
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Interim Chief Executive Officer |
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