Current Report Filing (8-k)
04 Setembro 2015 - 5:09PM
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): September 4, 2015
Xoom Corporation
(Exact name of registrant as specified in its charter)
Delaware |
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001-35801 |
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94-3401054 |
(State or other jurisdiction of incorporation) |
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(Commission File Number) |
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(I.R.S. Employer Identification No.) |
425 Market Street, 12th Floor San Francisco, CA 94105 |
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(Address of principal executive offices, including zip code) |
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(415) 777-4800
(Registrants 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 filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.07 Submission of Matters to a Vote of Security Holders.
On September 4, 2015, Xoom Corporation (the Company) held its Special Meeting of Stockholders (the Special Meeting). At the Special Meeting, stockholders voted on the following proposal, which is described in detail in the Companys definitive proxy statement filed with the U.S. Securities and Exchange Commission on August 7, 2015. The number of votes cast for, against, as well as the number of abstentions and broker non-votes with respect to the proposal voted upon at the Special Meeting are set forth below.
Proposal 1 The Merger Agreement. The stockholders voted on the adoption of the Agreement and Plan of Merger among the Company, PayPal, Inc., Timer Acquisition Corp., and PayPal Holdings, Inc. (solely for the limited purposes of Sections 1.9 and 3 therein) (the Merger Agreement). Stockholders voted as follows:
For |
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Against |
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Abstain |
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Broker Non-Votes |
32,241,262 |
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35,393 |
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1,598,549 |
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Accordingly, the adoption of the Merger Agreement was approved. Stockholder action on a second proposal, to approve one or more adjournments or postponements of the Special Meeting if necessary and to the extent permitted by the Merger Agreement to solicit additional proxies in favor of proposal 1 was not required and no vote was taken on that proposal.
Item 8.01 Other Events.
On September 4, 2015, the Company issued a press release announcing the final voting results of the Special Meeting. A copy of the press release is filed herewith as Exhibit 99.1 and is incorporated into this Item 8.01 by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit Number |
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Document |
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99.1 |
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Press release issued by Xoom Corporation on September 4, 2015. |
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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.
Date: September 4, 2015
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XOOM CORPORATION |
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By: |
/s/ John Kunze |
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John Kunze |
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Chief Executive Officer |
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EXHIBIT INDEX
Exhibit Number |
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Document |
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99.1 |
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Press release issued by Xoom Corporation on September 4, 2015. |
4
Exhibit 99.1
Xoom Stockholders Approve Planned Acquisition
SAN FRANCISCO, Calif., September 4, 2015 Xoom Corporation (NASDAQ: XOOM), a leading digital money transfer provider, today announced that Xoom stockholders voted to approve the previously announced definitive agreement, dated as of July 1, 2015, pursuant to which PayPal, Inc. will acquire Xoom. At a special meeting held earlier today, approximately 95.17% of Xoom shares represented at the meeting were voted in favor of the agreement.
Pursuant to the agreement, PayPal will acquire Xoom for $25 per share in cash, without interest and less any applicable withholding taxes. The transaction remains subject to the satisfaction or waiver of customary closing conditions and the receipt of certain regulatory consents relating to Xooms money transmitter licenses.
About Xoom
Xoom is a leading digital money transfer provider that enables consumers to send money, pay bills and send prepaid mobile phone reloads for family and friends around the world in a secure, fast and cost-effective way, using their mobile phone, tablet or computer. During the 12 months ended June 30, 2015, Xooms more than 1.4 million active customers sent approximately $6.9 billion with Xoom. The company is headquartered in San Francisco and can be found online at www.xoom.com.
Cautionary Statement Regarding Forward-Looking Statements
This document contains certain forward-looking statements about Xoom, including statements that involve risks and uncertainties concerning PayPals proposed acquisition of Xoom. When used in this document, the words anticipates, can, will, look forward to, expected and similar expressions and any other statements that are not historical facts are intended to identify those assertions as forward-looking statements. Any such statement may be influenced by a variety of factors, many of which are beyond the control of Xoom, that could cause actual outcomes and results to be materially different from those projected, described, expressed or implied in this document due to a number of risks and uncertainties. Potential risks and uncertainties include, among others, the possibility that the transaction will not close or that the closing may be delayed, the potential effects of disruption to Xooms business from the pending Merger, and the possibility that Xoom may be adversely affected by other economic, business, and/or competitive factors. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what impact they will have on the results of operations or financial condition of Xoom. In addition, please refer to the documents that Xoom files with the SEC which identify and address other important factors that could cause results to differ materially from those contained in the forward-looking statements set forth in this document. You are cautioned to not place undue reliance on forward-looking statements, which speak only as of the date of this document. Except as required by applicable law, Xoom does not undertake any duty to update any of the information in this document.
(Xoom-f)
Contacts:
Sharrifah Al-Salem, CFA
Director of Investor Relations
415-660-1256
IR@xoom.com
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