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EX-99.1 - EXHIBIT 99.1 - ASTA FUNDING INCex99-1.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): January 19, 2017

 


ASTA FUNDING, INC.

(Exact name of registrant as specified in its charter)


 

Delaware

001-35637

22-3388607

(State or other jurisdiction
of incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

210 Sylvan Avenue

Englewood Cliffs, New Jersey 07632

(Address of principal executive offices)

     

Registrant’s telephone number, including area code: (201) 567-5648

     

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 January 19, 2017, Asta Funding, Inc. issued a press release announcing the commencement of a self- tender offer to repurchase up to 5,314,009 shares of its common stock at a price of $10.35 per share. A copy of the press release is filed as Exhibit 99.1 hereto and is incorporated herein by reference.

 

Item 9.01

Financial Statements and Exhibits

 

(d) Exhibits. The following exhibit is filed with this Current Report on Form 8-K:

 

No.

 

Description

     

99.1

 

Press Release of Asta Funding, Inc. dated January 19, 2017, announcing the commencement of a self-tender offer to repurchase its common stock.

 

 
 

 

 

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, thereunto duly authorized.

 

 

 

ASTA FUNDING, INC.

     

Date: January 19, 2017

 

By:

 

/s/ Bruce R. Foster

 

 

 

 

Bruce R. Foster

 

 

 

 

Chief Financial Officer

 

 
 

 

 

EXHIBIT INDEX

 

No.

 

Description

     

99.1

 

Press Release of Asta Funding, Inc. dated January 19, 2017, announcing the commencement of a self-tender offer to repurchase its common stock.