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): May 26, 2005
NET 1 UEPS TECHNOLOGIES, INC.
------------------------------------------------------
(Exact name of Registrant as Specified in its Charter)
Florida 000-31203 65-0903895
---------------------------- ------------ -------------------
(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
President Place, 4th Floor, Cnr. Jan Smuts and Bolton Avenue
Rosebank, Johannesburg, South Africa
------------------------------------------------------------
(Address of Principal Executive Offices)
Registrant's telephone number, including area code (2711) 343-2001
N/A
-------------------------------------------------------------
(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 May 26, 2005, Net 1 UEPS Technologies, Inc. (the "Company") issued a press
release announcing that it had filed a registration statement on Form S-1 with
the Securities and Exchange Commission for a proposed public offering of its
common stock. A copy of the release is furnished as Exhibit 99.1 to this Current
Report on Form 8-K and incorporated herein by reference.
On May 26, 2005, the Company issued a separate press release announcing that its
board of directors had authorized a reverse stock split in connection with an
application by the Company to list its common stock on the Nasdaq National
Market. A copy of the release is furnished as Exhibit 99.2 to this Current
Report on Form 8-K and incorporated herein by reference.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits.
---------
99.1 Press Release, dated May 26, 2005, announcing the filing of the
registration statement on Form S-1.
99.2 Press Release, dated May 26, 2005, announcing the authorization
of a reverse stock split and an application for listing on the
Nasdaq National Market.
[signature on following page]
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.
NET 1 UEPS TECHNOLOGIES, INC.
Date: May 26, 2005 By: /s/ Serge C.P. Belamant
--------------------------------------------
Serge C.P. Belamant, Chief Executive Officer
INDEX TO EXHIBITS
EXHIBIT NO. DESCRIPTION
----------- -----------
Exhibit 99.1 Press Release, dated May 26, 2005, announcing the filing of
the registration statement on Form S-1.
Exhibit 99.2 Press Release, dated May 26, 2005, announcing the
authorization of a reverse stock split and an application for
listing on the Nasdaq National Market.