Current Report Filing (8-k)
June 05 2018 - 5:01PM
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)
May 30, 2018
Ominto,
Inc.
(Exact
name of registrant as specified in its charter)
|
Nevada
|
|
001-37639
|
|
13-4067623
|
(State
or other jurisdiction
of incorporation)
|
|
(Commission
File Number)
|
|
(IRS
Employer
Identification No.)
|
|
1515
S. Federal Highway, Suite 307, Boca Raton, FL
|
|
33432
|
|
(Address
of principal executive offices)
|
|
(Zip
Code)
|
Registrant’s
telephone number, including area code
(561) 362-2393
(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 1 4a- 12 under the Exchange Act (17 CFR 240.1 4a- 12)
☐ Pre-commencement
communications pursuant to Rule 1 4d-2(b) under the Exchange Act (17 CFR 240.1 4d-2(b))
☐ Pre-commencement
communications pursuant to Rule 1 3e-4(c) under the Exchange Act (17 CFR 240.1 3e-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
May 30, 2018, Lani Pixels A/S, a Danish corporation (“Lani”), was declared bankrupt by the probate court in Denmark
and proceedings for liquidation commenced. Ominto, Inc. (the “Registrant”) owns 40.02% of the outstanding equity in
Lani and controls 50.02% of the voting rights of Lani through a voting rights agreement.
In
addition to its equity interest, the Registrant has appeared as a creditor of Lani in the bankruptcy proceedings and intends to
pursue its rights as a creditor. The Registrant has not yet evaluated the impact of the bankruptcy on the Registrant’s financial
statements and any charges that may result from the bankruptcy.
Cautionary
Note Regarding
Forward-looking Statements
This
Current Report on Form 8-K contains forward-looking statements that involve substantial risks and uncertainties. These include
statements about The Registrant’s expectations, beliefs, intentions or strategies for the future, which are indicated by
words or phrases such as “anticipate,” “expect,” “intend,” “plan,” “will,”
“believe,” “projects,” “could,” “would,” “intend” and similar expressions.
You can also identify them by the fact that they do not relate strictly to historical or current facts. The forward-looking statements
reflect The Registrant’s current view about future events and are subject to risks, uncertainties and assumptions. Because
forward-looking statements relate to the future, by their nature, they are subject to inherent uncertainties, risks, and changes
in circumstances that are difficult to predict. The Registrant may not actually achieve the expectations disclosed in the forward-looking
statements and you should not place undue reliance on such forward-looking statements. These forward-looking statements involve
risks and uncertainties that could cause actual results or events to differ materially from the expectations disclosed in the
forward-looking statements, including, but not limited to: risks related to bankruptcy and other proceedings, and the impact of
such proceedings and any related events; along with other risks and potential factors that could affect the Registrant's business
and financial results identified in the Registrant's filings with the Securities and Exchange Commission, including its Annual
Report on Form 10-K for the fiscal year ended September 30, 2016.
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.
|
|
THE
REGISTRANT, INC.
|
|
Date:
June 5, 2018
|
|
|
|
|
By:
|
/s/
Jim Spielman
|
|
|
|
Name:
Jim Spielman
|
|
|
|
Title:
Chief Financial Officer
|
2