UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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) April 9, 2004
NICHOLAS FINANCIAL, INC.
(Exact name of registrant as specified in its Charter)
British Columbia, Canada 0-26680 8736-3354
(State or Other Jurisdiction of (Commission (I.R.S. Employer
Incorporation or Organization) File Number) Identification No.)
2454 McMullen Booth Road, Building C
Clearwater, Florida 33759
(Address of Principal Executive Offices) (Zip Code)
(727) 726-0763
(Registrant's telephone number, Including area code)
Not applicable
(Former name, former address and former fiscal year, if
changed since last report)
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Item 5. Other Events
The company announced today that it plans to offer
approximately 1,500,000 shares of common stock in a public
offering. The proceeds of the issuance are expected to be
used to pay down the Company's line of credit. In addition,
approximately 900,000 shares of common stock will be offered
by a group of selling shareholders.
The Company also announced that its common stock began
trading today on the NASDAQ National Market under the symbol
"NICK." The Company's common stock was quoted and traded on
the Nasdaq SmallCap System under the symbol "NICK" through
April 6, 2004.
A copy of the Company's press release announcing the
foregoing actions is attached as Exhibit 26 to this Report
on Form 8-K and incorporated herein by reference.
Item 7. Financial Statements and Exhibits
(c) Exhibits Description of Document
Exhibit No.
26 Press release announcing issuance of
common stock in a secondary offering and also
commencement of trading on the National Market
System on NASDAQ dated April 8, 2004
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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.
NICHOLAS FINANCIAL, INC.
(Registrant)
Date: April 9, 2004 /s/ Peter L. Vosotas
Peter L. Vosotas
Chairman, President,
Chief Executive Officer
(Principal Executive Officer)
Date: April 9, 2004 /s/ Ralph T. Finkenbrink
Ralph T. Finkenbrink
(Principal Financial Officer
and Accounting Officer)
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Exhibit Index
Exhibit No.
26 Press Release Dated April 8, 2004
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EXHIBIT 26 TO FORM 8-K
FOR IMMEDIATE RELEASE
Nicholas
Nicholas Financial, Inc.
Corporate Headquarters
2454 McMullen-Booth Rd.
Building C, Suite 501
Clearwater, FL 33759
Contact: Ralph Finkenbrink
Sr. Vice President, Finance
NASDAQ: NICK
Web site: www.nicholasfinancial.com
Ph # - 727-726-0763
Fax # - 727-726-2140
Nicholas Financial Announces Public Offering of Common Stock
and Commencement of Trading on the NASDAQ National Market
System
Clearwater, Florida, - April 8, 2004: Nicholas Financial,
Inc. (Nasdaq, NICK) today announced that it plans to offer
approximately 1,500,000 shares of common stock in a public
offering. The proceeds of the issuance are expected to be
used to pay down the Company's line of credit. In addition,
approximately 900,000 shares of common stock will be offered
by a group of selling shareholders.
Ferris, Baker Watts, Incorporated will serve as the managing
underwriter for the offering. The Company has also granted
the underwriter an option to purchase up to 360,000
additional shares of common stock to cover over-allotments,
if any.
A registration statement relating to these securities has
been filed with the Securities and Exchange Commission but
has not yet become effective. These securities may not be
sold nor may offers to buy be accepted prior to the time the
registration statement becomes effective. This press release
shall not constitute an offer to sell or the solicitation of
an offer to buy nor shall there be any sale of these
securities in any state in which such offer, solicitation or
sale would be unlawful prior to registration or
qualification under the securities laws of any such state.
Once available, preliminary prospectuses may be obtained
from Ferris, Baker Watts, Incorporated by contacting the
office at the following address:
Ferris, Baker Watts, Inc. -100 Light Street, 8th Floor
Baltimore, MD 21202 (Fax) 410-659-4632
The Company also announced that its common stock began
trading today on the NASDAQ National Market under the symbol
"NICK." The Company's common stock was quoted and traded on
the Nasdaq SmallCap System under the symbol "NICK" through
April 6, 2004.
Founded in 1985, Nicholas Financial provides specialty
consumer finance products through its 31 branch offices
located throughout the eastern United States.
Except for the historical information contained herein, the
matters discussed in this news release include forward-
looking statements that involve risks and uncertainties
detailed from time to time in the Company's filings and
reports with the Securities and Exchange Commission. Such
statements are based on the beliefs of the Company's
management as well as assumptions made by and information
currently available to Company management. Actual events or
results may differ materially.
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