Current Report Filing (8-k)
December 01 2014 - 8:31AM
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): November 25, 2014
ENTERTAINMENT GAMING ASIA INC.
(Exact Name of Registrant as Specified in
Its Charter)
Nevada |
|
001-32161 |
|
91-1696010 |
(State or Other Jurisdiction of Incorporation) |
|
(Commission File Number) |
|
(I.R.S. Employer Identification Number) |
Unit C1, G/F., Koon Wah Building
No. 2 Yuen Shun Circuit
Yeun Chau Kok, Shatin
New Territories, Hong Kong |
(Address of principal executive offices) |
+ 852-3147 6600 |
(Registrant’s telephone number, including area code) |
Not applicable |
(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 obligations of the registrant under any of the following provisions.
| ¨ | 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 240.14d-2(b) |
| ¨ | 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 5.01 Changes in Control of Registrant.
On November 25, 2014,
EGT Entertainment Holding Limited (“EGT Entertainment”), a Hong Kong corporation indirectly wholly-owned by Melco International
Development Limited (“Melco International”), a Hong Kong corporation listed on the main board of Hong Kong Stock Exchange,
purchased 26,062,294 shares of the common stock of Entertainment Gaming Asia Inc. (“Company”) at a price of $0.54 per
share, for the total cash purchase price of $14,073,639. EGT Entertainment conducted the purchase through its exercise of subscription
rights issued by the Company on October 31, 2014, including 10,565,831 shares purchased by EGT Entertainment pursuant to its basic
subscription privilege and 15,496,463 shares purchased by EGT Entertainment pursuant to its oversubscription privilege. All of
the aforementioned share subscriptions were funded by EGT Entertainment from its own cash on hand.
After giving effect
to the close of the rights offering and the share purchases by EGT Entertainment, the Company has 57,879,835 shares of common stock
issued and outstanding, of which EGT Entertainment owns 37,512,294 shares, or 64.8%.
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.
|
ENTERTAINMENT GAMING ASIA INC. |
|
|
|
|
Dated: December 1, 2014 |
/s/ Clarence Chung |
|
Clarence (Yuk Man) Chung |
|
Chief Executive Officer |
Entertainment Gaming Asia Incorporated (NASDAQ:EGT)
Historical Stock Chart
From Mar 2024 to Apr 2024
Entertainment Gaming Asia Incorporated (NASDAQ:EGT)
Historical Stock Chart
From Apr 2023 to Apr 2024