- Current report filing (8-K)
November 06 2008 - 4:12PM
Edgar (US Regulatory)
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): November 6, 2008
ARBINET-THEXCHANGE,
INC.
(Exact
Name of Registrant as Specified in Charter)
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Delaware
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0-51063
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13-3930916
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(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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|
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120
Albany Street, Tower II, Suite 450
New
Brunswick, New Jersey
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08901
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(Address
of Principal Executive Offices)
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(Zip
Code)
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(732)
509-9100
(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 is intended to simultaneously satisfy
the filing obligation 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 240.14a-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 2.02.
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Results
of Operations and Financial Condition.
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On
November 6, 2008, Arbinet-thexchange, Inc. (the “Company”) issued a press
release to report the Company’s financial results for the quarter ended
September 30, 2008. The full text of the press release is attached to this
Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by
reference.
Pursuant
to General Instructions B.2 of Form 8-K, this information shall not be deemed
“filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as
amended (the “Exchange Act”), or incorporated by reference in any filing under
the Securities Act of 1933, as amended, or the Exchange Act, except as shall
be
expressly set forth by specific reference in such a filing.
On
November 4, 2008, the Board of Directors of the Company authorized the
repurchase of up to $5 million of the Company’s common stock (the “Repurchase
Plan”).
Stock
repurchases will be made from time to time through the open market. The timing
and actual number of shares repurchased will depend on a variety of factors
including price, corporate and regulatory requirements, market conditions,
and
other corporate liquidity requirements and priorities. The Repurchase Plan
may
be suspended or terminated at any time without prior notice, and has no
expiration date.
Also
on
November 6, 2008, the Company issued a press release announcing the
Repurchase Plan, a copy of which is attached hereto as Exhibit 99.1 and is
incorporated herein by reference.
Item 9.01.
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Financial
Statements and Exhibits.
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Exhibit No.
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Description
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99.1
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Press
Release of Arbinet-thexchange, Inc. dated November 6,
2008.*
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________________________
*
Filed
herewith
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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ARBINET-THEXCHANGE,
INC.
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By:
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/s/
W. Terrell Wingfield, Jr.
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Date:
November 6, 2008
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Name:
W. Terrell Wingfield, Jr.
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Title:
General Counsel and Secretary
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Exhibit
Index
Exhibit No.
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Description
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99.1
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Press
Release of Arbinet-thexchange, Inc. dated November 6,
2008.*
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___________________
*
Filed
herewith.
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