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EX-99.1 - EX-99.1 - NetSpend Holdings, Inc.a11-4852_1ex99d1.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):  January 31, 2011

 

NetSpend Holdings, Inc.

(Exact name of registrant as specified in its charter)

 

Delaware

 

001-34915

 

20-2306550

(State or other jurisdiction of
incorporation)

 

(Commission File
Number)

 

(IRS Employer
Identification No.)

 

701 Brazos Street, Suite 1300, Austin, Texas

 

78701-2582

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code:

(512) 322-8200

 

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 8.01               Other Events

 

On January 31, 2011, NetSpend Holdings, Inc. (“NetSpend”) issued a press release announcing the signing of a multi-year agreement pursuant to which The Bancorp Bank, a wholly owned subsidiary of The Bancorp, Inc., will serve as a new issuing bank for both new and existing card programs for which NetSpend serves as program manager and processor.  NetSpend also provided an update on the status of its issuing bank diversification strategy.  A copy of the press release has been filed as Exhibit 99.1 to this Current Report and is incorporated by reference herein.

 

Item 9.01               Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit No.

 

Description

 

 

 

99.1

 

Press Release, dated January 31, 2011

 

2



 

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.

 

 

 

NETSPEND HOLDINGS, INC.

 

 

 

 

Date: January 31, 2011

By:

/s/ George W. Gresham

 

 

George W. Gresham

 

 

Chief Financial Officer

 

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EXHIBIT INDEX

 

Exhibit No.

 

Description

99.1

 

Press Release, dated January 31, 2011

 

4