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): November 16, 2016
FANTEX, INC.
(Exact name of registrant as specified in its charter)
Delaware |
|
000-55204 |
|
80-0884134 |
(State or other jurisdiction |
|
(Commission |
|
(IRS Employer |
330 Townsend Street, Suite 234
San Francisco, CA 94107
(Address of principal executive offices, including Zip Code)
Registrants telephone number, including area code: (415) 592-5950
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:
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 5.07 Submission of Matters to a Vote of Security Holders.
On November 16, 2016, Fantex, Inc. (the Company) obtained the written consent of Fantex Holdings, Inc. (the Majority Stockholder), the holder of a majority of the voting power of the Companys capital stock, approving amendments to the Companys Amended and Restated Certificate of Incorporation to effect a reverse stock split of the Companys Common Stock, at an exchange ratio of 1-for-200 shares of outstanding Common Stock (the Reverse Split), immediately followed by a forward stock split of the Companys Common Stock, at an exchange ratio of 200-for-1 shares of outstanding Common Stock (the Forward Split and together with the Reverse Split, the Reverse/Forward Split). The Majority Stockholder voted all 100,939,556.474 shares of Common Stock beneficially owned by it as of November 16, 2016 in favor of the Reverse/Forward Split. Because the action was approved by written consent of stockholders without a meeting, there were no votes cast again or withheld, nor were there any abstentions or broker non-votes in connection with the approval of the Reverse/Forward Split by the Majority Stockholder.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: November 22, 2016 |
FANTEX, INC. | |
|
| |
|
By: |
/s/ William Garvey |
|
|
William Garvey |
|
|
Chief Legal Officer, Secretary |