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EX-99.1 - OTIX GLOBAL, INC.v204189_ex99-1.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) November 30, 2010
 

 
OTIX GLOBAL, INC.
(Exact name of registrant as specified in its charter)
 

 
DELAWARE
000-30335
87-0494518
(State or other jurisdiction of
incorporation or organization)
(Commission file number)
(I.R.S. Employer
Identification No.)
 
4246 South Riverboat Road, Suite 300
Salt Lake City, UT 84123
(Address of principal executive offices)
 
(801) 312-1700
(Registrant’s telephone number, including area code)
 
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 2.01 Completion of Acquisition or Disposition of Assets

Otix Global, Inc. (Otix) announced that it has completed its merger with William Demant Holding A/S (WDH). The merger closed today after Otix shareholders overwhelmingly approved the acquisition of the company at a special meeting on November 22, 2010, received U.S. regulatory approval on November 26, 2010, and filed a Certificate of Merger with the State of Delaware on November 30, 2010.  Otix will no longer be traded on the Nasdaq Global Market as of the close of trading on November 30, 2010.  In the merger, WDH acquired all the outstanding common stock of Otix at a price of $11.01 per share.

Item 9.01. Financial Statements and Exhibits.
 
(d) Exhibits.
 
99.1 Otix press release dated November 30, 2010
 

 
SIGNATURE
 
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 duly authorized.
 
Dated:  November 30, 2010.
 
 
OTIX GLOBAL, INC.
 
     
 
/s/ Michael M. Halloran
 
     
 
Michael M. Halloran
 
 
Vice President and Chief Financial Officer