Attached files

file filename
EX-5 - EXHIBIT 5.1 - Meet Group, Inc.ex5-1.htm
EX-99 - EXHIBIT 99.2 - Meet Group, Inc.ex99-2.htm
EX-99 - EXHIBIT 99.1 - Meet Group, Inc.ex99-1.htm
EX-1 - EXHIBIT 1.1 - Meet Group, Inc.ex1-1.htm


 

 

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): July 23, 2014

 

MeetMe, Inc.

(Exact name of registrant as specified in its charter)

  

 

Delaware

 

001-33105

 

86-0879433

(State or other Jurisdiction of Incorporation)

 

(Commission File Number)

 

(IRS Employer Identification No.)

 

 

 

 

100 Union Square Drive

New Hope, Pennsylvania

 

 

18938

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code: (215) 862-1162

 

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:

 

☐ 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 8.01. Other Events.

 

On July 23, 2014, MeetMe, Inc. (the “Company”) entered into an Underwriting Agreement (the “Underwriting Agreement”) with JMP Securities LLC, acting as Representative of the several Underwriters named therein (collectively, the “Underwriters”), in connection with the underwritten public offering and sale (the “Offering”) of 5,000,000 shares (the “Shares”) of the Company’s common stock, par value $0.001 per share (the “Common Stock”). All of the Shares are being sold by the Company. The price to the public is $2.00 per Share, and the Underwriters have agreed to purchase the Shares from the Company pursuant to the Underwriting Agreement at a price of $1.88 per Share. Pursuant to the Underwriting Agreement, the Company granted the Underwriters a 30-day option to purchase up to an additional 750,000 shares of the Common Stock on the same terms to cover overallotments, if any. The net proceeds from the sale of the Shares, after deducting the Underwriters’ discount and other offering expenses, are expected to be approximately $9.1 million.

 

The Offering is being conducted pursuant to the Company’s shelf registration statement on Form S-3 (File No. 333-190535) filed with the Securities and Exchange Commission under the Securities Act of 1933, as amended (the “Securities Act”) and declared effective on April 18, 2014. A prospectus supplement relating to the Offering has been filed with the Securities and Exchange Commission. The closing of the Offering is expected to occur on July 28, 2014, subject to the satisfaction of customary closing conditions.

 

The Underwriting Agreement contains customary representations, warranties and covenants by the Company, as well as customary indemnification obligations of the Company and the Underwriters, including for liabilities under the Securities Act, other obligations of the parties and termination provisions.

 

The Underwriting Agreement has been attached hereto as an exhibit to provide investors and security holders with information regarding its terms. It is not intended to provide any other factual information about the Company. The representations, warranties and covenants contained in the Underwriting Agreement were made only for purposes of the Underwriting Agreement and as of specific dates, were solely for the benefit of the parties to the Underwriting Agreement, and may be subject to limitations agreed upon by the contracting parties, including being qualified by confidential disclosures exchanged between the parties in connection with the execution of the Underwriting Agreement.

 

The foregoing description of the Underwriting Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Underwriting Agreement, which is filed as Exhibit 1.1 to this report and is incorporated herein by reference.

 

A copy of the legal opinion and consent of Morgan, Lewis & Bockius LLP, counsel to the Company, with respect to the legality of the shares of Common Stock to be issued and sold in the Offering is filed as Exhibit 5.1 to this report.

 

On July 22, 2014 and July 23, 2014, the Company issued press releases announcing the commencement and pricing of the Offering, respectively. The press releases are filed as Exhibits 99.1 and 99.2 to this report and incorporated herein by reference.

 

 
 

 

 

Item 9.01. Financial Statements and Exhibits.

 

(d)      Exhibits

 

Exhibit No.

 

Description

     

1.1

 

Underwriting Agreement, dated July 23, 2014, by and among MeetMe, Inc. and JMP Securities LLC, acting as Representative of the several Underwriters named therein.

5.1

 

Opinion of Morgan, Lewis & Bockius LLP.

23.1

 

Consent of Morgan, Lewis & Bockius LLP (contained in Exhibit 5.1).

99.1

 

MeetMe, Inc. press release, dated July 22, 2014.

99.2

 

MeetMe, Inc. press release, dated July 23, 2014.

 

 
 

 

 

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.

 

 

MEETME, INC.

 

 

 

 

 

 

 

 

 

Date: July 23, 2014 By: /s/ David Clark  
  Name: David Clark  

 

Title: Chief Financial Officer

 

 

 

 
 

 

 

EXHIBIT INDEX

 

Exhibit No.

 

Description

     

1.1

 

Underwriting Agreement, dated July 23, 2014, by and among MeetMe, Inc. and JMP Securities LLC, acting as Representative of the several Underwriters named therein.

5.1

 

Opinion of Morgan, Lewis & Bockius LLP.

23.1

 

Consent of Morgan, Lewis & Bockius LLP (contained in Exhibit 5.1).

99.1

 

MeetMe, Inc. press release, dated July 22, 2014.

99.2

 

MeetMe, Inc. press release, dated July 23, 2014.