Pursuant to Section 13 or 15(d) of the
Securities Exchange Act Of 1934
Date of Report (Date of earliest event reported): September 14, 2011 (September 14, 2011)
SouthPeak Interactive Corporation
(Exact Name of Registrant as Specified in its Charter)
2900 Polo Parkway
Midlothian, Virginia 23113
(Address of principal executive offices) (Zip Code)
Registrant’s Telephone Number, Including Area Code: (804) 378-5100
(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 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.
The Company has determined that given its current financial condition and the current state of the economic environment within the industry in which it operates, the benefits of having publicly registered shares and filing periodic reports under the federal securities laws are outweighed by the associated costs. For this reason, the Company intends to file a Form 15 to delist its registered securities under Section 12(g) of the Securities and Exchange Act of 1934 and to suspend its reporting obligations for the foreseeable future under Section 15(d) of that act. Should economic conditions and circumstances change in the future, the Company may re-evaluate this position.
Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: September 14, 2011