COOL Corner Growth Acquisition Corporation

 

 

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): June 11, 2014

 

 

MAJESCO ENTERTAINMENT COMPANY

(Exact name of registrant as specified in its charter)

 

Delaware (State or other jurisdiction of incorporation)

000-51128 (Commission File Number)

06-1529524 (IRS Employer Identification No.)

 

160 Raritan Center Parkway
Edison, New Jersey 08837
(Address of principal executive offices and zip code)

 

Registrant’s telephone number, including area code: (732) 225-8910

 

 

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 June 11, 2014, Majesco Entertainment Company announced that a 1-for-7 reverse split of its common stock will be effective at 9:30 a.m., New York city time, on Friday, June 13, 2014. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit Number		Description
99.1		Press Release, dated June 11, 2014

 

 

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.

 

	MAJESCO ENTERTAINMENT COMPANY
Dated: June 11, 2014	/s/ Jesse Sutton
	Jesse Sutton
	Chief Executive Officer

 

 

EXHIBIT INDEX

 

Exhibit Number		Description
99.1		Press Release, dated June 11, 2014

 

 

 

Exhibit 99.1

 

 

MAJESCO ENTERTAINMENT ANNOUNCES REVERSE STOCK SPLIT

 

 

EDISON, NJ – June 11, 2014 -- Majesco Entertainment Company (NASDAQ: COOL), an innovative provider of video games for the mass market, announced today that a 1-for-7 reverse split of its common stock will be effective at the open of trading on Friday, June 13, 2014. The reverse stock split was previously approved by Majesco’s stockholders at its annual meeting held on April 25, 2014.

 

At the effective time of the reverse stock split, every seven shares of Majesco’s issued and outstanding common stock will be automatically converted into one newly issued and outstanding share of common stock, without any change in the par value per share. No fractional shares will be issued in connection with the reverse stock split. Stockholders who would otherwise hold a fractional share of Majesco common stock will receive a cash payment in lieu of such fractional share.

 

Majesco’s common stock will continue to trade on the NASDAQ Capital Market under the symbol “COOL”. A new CUSIP number will be issued to Majesco’s common stock after the reverse stock split becomes effective.

 

Once the reverse stock split becomes effective, stockholders holding shares through a brokerage account will have their shares automatically adjusted to reflect the 1-for-7 reverse stock split. Existing stockholders holding common stock certificates will receive a letter of transmittal from Majesco’s transfer agent, American Stock Transfer & Trust Company, LLC, with specific instructions regarding the exchange of shares.

 

About Majesco Entertainment Company

 

Majesco Entertainment Company is an innovative developer, marketer, publisher and distributor of interactive entertainment for consumers around the world. Building on more than 25 years of operating history, the company develops and publishes a wide range of video games on console, handheld and mobile platforms, as well as digital networks through its Midnight City label. Majesco also owns 50% of GMS Entertainment, the parent company of online gaming company Pariplay, which specializes in iGaming, iLottery and social gaming. Majesco is headquartered in Edison, NJ and the company's shares are traded on the Nasdaq Stock Market under the symbol: COOL. More info can be found online at majescoent.com or on Twitter at twitter.com/majesco.

 

Investor Relations Contact:

Stephanie Prince/Jody Burfening

LHA

212.838.3777

sprince@lhai.com