0001318568 false 0001318568 2020-01-05 2020-01-06 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

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): January 6, 2020

 

Everi Holdings Inc.

(Exact name of registrant as specified in its charter)

 

Delaware   001-32622   20-0723270

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

7250 S. Tenaya Way, Suite 100

Las Vegas, Nevada

  89113
(Address of principal executive offices)   (Zip Code)

 

 

Registrant’s telephone number, including area code: (800) 833-7110

 

N/A

 

 

(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 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))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class Trading Symbol(s) Name of each exchange on which
registered
Common Stock, $0.001 par value EVRI The New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company   ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   ¨

 

 

 

 

 

 

Item 8.01 Other Events

 

As previously disclosed, on December 5, 2019, Everi Payments Inc. (“Everi Payments”) issued a conditional notice of redemption with respect to $84.5 million in aggregate principal amount of its outstanding 7.50% Senior Unsecured Notes (the “2025 Notes). The redemption was conditioned upon (x) the issuance by Everi Holdings of common stock in a registered equity offering which closed on December 10, 2019 and (y) the execution of a supplemental indenture amending previously described terms of Everi Holdings’ credit facility which was executed on December 13, 2019.

 

On January 6, 2020, Everi Payments completed the partial redemption with respect to $84.5 million in aggregate principal amount of the 2025 Notes. The total outstanding balance of the 2025 Notes is now approximately $290.5 million.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit No.  
   
99.1 Press Release dated January 6, 2020.
   
104 The cover page of this Current Report on Form 8-K, formatted in Inline XBRL.

 

  2  

 

 

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.

 

  EVERI HOLDINGS INC.

 

Date: January 6, 2020   By: /s/ Todd A. Valli
    Todd A. Valli,
Senior Vice President, Corporate Finance and
Chief Accounting Officer

 

  3  

 

Everi (NYSE:EVRI)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Everi Charts.
Everi (NYSE:EVRI)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Everi Charts.