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: October 3, 2011
Date of Earliest Event Reported: September 30, 2011
Calpian, Inc.
(Exact name of registrant as specified in its charter)
| Texas | 000-53997 | 20-8592825 | ||
| (State or other jurisdiction of incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification No.) | ||
| 500 North Akard Street, Suite 2850, Dallas, Texas |
75201 | |||
| (Address of principal executive offices) | (Zip Code) | |||
Registrant’s telephone number, including area code: (214) 758-8600
N/A
(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:
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 1.01. Entry into a Material Definitive Agreement.
On September 30, 2011, Calpian, Inc. (the “Company”) closed the acquisition of its purchase of rights to certain merchant residual payments from Sagecrest Holdings Limited, and certain entities affiliated therewith (collectively, the “Sellers”), pursuant to a Purchase Agreement dated August 18, 2011, entered into by and among the Company and the Sellers. As part of the closing, the Company agreed with its secured lender to secure the consent of processors servicing the merchants over a period ranging from 30 to 90 days following the closing. Further details of the acquisition were included in a Current Report on Form 8-K filed by the Company on August 24, 2011.
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.
| CALPIAN, INC. | ||||
| Date: October 3, 2011 | By: | /s/ Harold Montgomery | ||
| Harold Montgomery | ||||
| Chief Executive Officer | ||||