Current Report Filing (8-k)
February 08 2018 - 4:18PM
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):
February 8, 2018
Nathan’s Famous, Inc.
|
(Exact name of registrant as specified in its charter)
|
|
|
|
Delaware
|
001-35962
|
11-3166443
|
(State or Other Jurisdiction
of Incorporation)
|
(Commission
File Number)
|
(IRS Employer
Identification No.)
|
|
|
|
One Jericho Plaza, Jericho, New York
|
11753
|
(Address of Principal Executive Offices)
|
(Zip Code)
|
Registrant’s Telephone Number, Including
Area Code:
(516) 338-8500
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 (
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))
Indicate by check mark whether the registrant is an emerging
growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities
Exchange Act of 1934 (§240.12b-2 of this chapter).
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. ☐
On November 1, 2017,
the Board of Directors of Nathan’s Famous, Inc., (“Nathan’s”) declared a special cash dividend of $5.00
per share payable on January 4, 2018 to its shareholders of record as of December 22, 2017. Nathan’s expects that a portion
of the special dividend will be treated as a non-taxable return of capital. Of the $5.00 per share distribution, Nathan’s
currently expects between $2.50 to $3.00 per share to be characterized as a taxable dividend, and the remaining amount of the distribution
to be characterized as a return of capital. The final tax characterization of the distribution will be reported to stockholders
on Form 1099-DIV shortly after the end of the calendar year. Nathan’s will be posting on its Investor Relations website (www.nathansfamous.com)
a preliminary IRS FORM 8937 “Report of Organizational Actions Affecting Basis of Securities” which provides a more
detailed explanation of the tax consequences to shareholders. Stockholders are also urged to periodically check the Company’s
website for any changes in the Company’s expectations. Stockholders should consult their tax advisors regarding the tax effects
of the special cash dividend to them.
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.
February 8, 2018
|
NATHAN’S FAMOUS, INC.
|
|
|
|
By:
|
/s/ Ronald
DeVos
|
|
|
Name:
|
Ronald DeVos
|
|
|
Title:
|
Vice President Finance and Chief Financial Officer (Principal Financial Officer and Accounting Officer)
|
Nathans Famous (NASDAQ:NATH)
Historical Stock Chart
From Aug 2024 to Sep 2024
Nathans Famous (NASDAQ:NATH)
Historical Stock Chart
From Sep 2023 to Sep 2024