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) May 14, 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
Nicholas Financial, Inc. today announced that it has
priced its previously announced public offering of common
stock at $8.00 per share. The Company is issuing 1,100,000
shares in the 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 sold by a group of selling shareholders. The
offering is expected to close on or about May 18, 2004.
Item 7. Financial Statements and Exhibits
Exhibit # Description
99 Press release dated May 14, 2004, announcing the
pricing of the Company's previously announced public
offering of common stock at $8.00 per share. The Company is
issuing 1,100,000 shares in the offering
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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: May 14, 2004 /s/ Peter L. Vosotas
Peter L. Vosotas
Chairman, President,
Chief Executive Officer
(Principal Executive Officer)
Date: May 14, 2004 /s/ Ralph T. Finkenbrink
Ralph T. Finkenbrink
(Principal Financial Officer
and Accounting Officer)
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Exhibit Index
Exhibit Description
99 Press release dated May 14, 2004, announcing the
pricing of the Company's previously announced public
offering of common stock at $8.00 per share. The Company is
issuing 1,100,000 shares in the offering
Exhibit 99
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 Prices Public Offering of Common Stock at
$8.00 Per Share
Clearwater, Florida - May 14, 2004: Nicholas Financial,
Inc. (Nasdaq, NICK) today announced that it has priced its
previously announced public offering of common stock at
$8.00 per share. The Company is issuing 1,100,000 shares in
the 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 sold by a group of selling shareholders. The offering is
expected to close on or about May 18, 2004.
Ferris, Baker Watts, Incorporated is serving as the managing
underwriter for the offering. The Company has also granted
the underwriter an option to purchase up to 300,000
additional shares of common stock to cover over-allotments,
if any.
The registration statement relating to these securities has
been filed with the Securities and Exchange Commission and
has been declared effective.
This press release shall not constitute an offer to sell or
the solicitation of an offer to buy the common stock, which
is being made only pursuant to the prospectus relating to
the offering, 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.
Copies of the prospectus relating to this offering may be
obtained from the offices of Ferris Baker Watts Inc., 100
Light Street, 8th Floor, Baltimore, Maryland 21202.
Founded in 1985, Nicholas Financial provides specialty
consumer finance products through its 32 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.