Current Report Filing (8-k)
March 19 2014 - 9:34AM
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): March 19, 2014
KCG HOLDINGS, INC.
(Exact name of registrant as specified in its charter)
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DELAWARE |
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000-54991 |
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38-3898306 |
(State or other jurisdiction
of incorporation) |
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(Commission
File Number) |
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(IRS Employer
Identification No. |
545 Washington Boulevard, Jersey City, NJ 07310
(Address of principal executive offices) (Zip Code)
(201) 222-9400
(Registrants telephone number, including area code)
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):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 7.01 |
Regulation FD Disclosure |
Exhibit 99.1 is a copy of a slide presentation to be used by
executives of KCG Holdings, Inc. (the Company) in meetings at the Wells Fargo Asset Managers, Brokers & Exchanges Conference to be held on March 19, 2014. A copy of the presentation is also available at
http://investors.kcg.com. Exhibit 99.1 is incorporated by reference under this Item 7.01. In accordance with general instruction B.2. of Form 8-K, Exhibit 99.1 is being furnished pursuant to Item 7.01 and the information contained therein
shall not be deemed filed for purposes of Section 18 of the Securities and Exchange Act of 1934.
On March 19, 2014, the Company issued a press release announcing that
it had made a prepayment of an additional $85 million on the first lien term loan under its first lien secured credit facility. A copy of the press release related to the prepayment is attached as Exhibit 99.2 and is incorporated by reference
herein.
Item 9.01 |
Financial Statements and Exhibits |
(d)
Exhibit 99.1 Slide Presentation for Wells Fargo Asset Managers, Brokers & Exchanges Conference held on March 19, 2014.
Exhibit 99.2 Press Release of KCG Holdings, Inc., dated March 19, 2014.
Certain statements contained herein may constitute forward-looking statements within the meaning of the safe harbor provisions of
the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by words such as believe, expect, anticipate, intend, target,
estimate, continue, positions, prospects or potential, by future conditional verbs such as will, would, should, could or may, or
by variations of such words or by similar expressions. These forward-looking statements are not historical facts and are based on current expectations, estimates and projections about the Companys industry, managements
beliefs and certain assumptions made by management, many of which, by their nature, are inherently uncertain and beyond our control. Any forward-looking statement contained herein speaks only as of the date on which it is made. Accordingly, readers
are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict including, without limitation, risks associated with:
(i) the strategic business combination (the Mergers) of Knight Capital Group, Inc. (Knight) and GETCO Holding Company, LLC (GETCO), including, among other things, (a) difficulties and delays in
integrating the Knight and GETCO businesses or fully realizing cost savings and other benefits, (b) the inability to sustain revenue and earnings growth, and (c) customer and client reactions to the Mergers; (ii) the August 1,
2012 technology issue that resulted in Knights broker-dealer subsidiary sending numerous erroneous orders in NYSE-listed and NYSE Arca securities into the market and the impact to Knights capital structure and business as well as actions
taken in response thereto and consequences thereof; (iii) the costs and risks associated with the sale of Knights institutional fixed income sales and trading business, the sale of the Companys reverse mortgage origination and
securitization business and the departure of the managers of the Companys listed derivatives group; (iv) changes in market structure, legislative, regulatory or financial reporting rules; (v) past or future changes to organizational
structure and management; (vi) the Companys ability to develop competitive new products and services in a timely manner and the acceptance of such products and services by the Companys customers and potential customers;
(vii) the Companys ability to keep up with technological changes; (viii) the Companys ability to effectively identify and manage market risk, operational and technology risk, legal risk, liquidity risk, reputational risk,
counterparty and credit risk, international risk, regulatory risk, and compliance risk; (ix) the cost and other effects of material contingencies, including litigation contingencies, and any adverse judicial, administrative or arbitral rulings
or proceedings; and (x) the effects of increased competition and the Companys ability to maintain and expand market share. The list above is not exhaustive. Readers should carefully review the risks and uncertainties disclosed in the
Companys reports with the SEC, including, without limitation, those detailed under Risk Factors in the Companys Annual Report on Form 10-K for the year-ended December 31, 2013, and in other reports or documents the
Company files with, or furnishes to, the SEC from time to time.
SIGNATURE
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
undersigneds duly authorized signatory.
Dated: March 19, 2014
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KCG HOLDINGS, INC. |
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By: |
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/s/ John McCarthy |
Name: |
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John McCarthy |
Title: |
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General Counsel and Corporate Secretary |
EXHIBIT INDEX
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Exhibit No. |
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Description |
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99.1 |
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Slide Presentation for Wells Fargo Asset Managers, Brokers & Exchanges Conference held on March 19, 2014. |
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99.2 |
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Press Release of KCG Holdings, Inc., dated March 19, 2014. |
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