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):
January 9, 2014
Rosetta Stone Inc.
(Exact name of registrant as specified in its charter)
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Delaware |
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001-34283 |
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043837082 |
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(State or Other Jurisdiction of Incorporation) |
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(Commission File Number) |
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(IRS Employer Identification Number) |
1919 North Lynn St., 7th Fl., Arlington, Virginia 22209
(Address of principal executive offices, including zip code)
800-788-0822
(Registrant’s telephone number, including area code)
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 (see General Instruction A.2. below):
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 8.01 Other Events.
On January 9, 2014, the parties closed the acquisition agreed to pursuant to a Stock Purchase Agreement dated as of December 11, 2013 (the “Agreement”) between Rosetta Stone Ltd., a wholly-owned subsidiary of the Company, and Nagi Sioufi and other shareholders of Tell Me More S.A. (“Tell Me More”), a company organized under the laws of France. Pursuant to the Agreement, Rosetta Stone Ltd. agreed to purchase all of the outstanding shares of Tell Me More from its shareholders for approximately €20.75 million (US$28 million), including assumed net debt. Pursuant to the Agreement, Rosetta Stone Ltd. assigned its rights and obligations under the Agreement to Rosetta Stone France SAS prior to the closing.