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):
October 30, 2002 (October 25, 2002)
JAKKS PACIFIC, INC.
(Exact name of registrant as specified in its charter)
Delaware (State or other jurisdiction of incorporation or organization |
0-28104 (Commission File Number) |
95-4527222 (I.R.S. Employer Identification No.) |
22619 Pacific Coast Highway, Malibu, California (Address of principal executive offices) |
90265 (Zip Code) |
|
Registrants telephone number, including area code: | (310) 456-7799 |
ITEM 5. OTHER EVENTS | ||||||||
ITEM 7. Financial Statements and Exhibits | ||||||||
SIGNATURES | ||||||||
Exhibit Index | ||||||||
EXHIBIT 99.1 |
JAKKS PACIFIC, INC.
INDEX TO FORM 8-K
FILED WITH THE SECURITIES AND EXCHANGE COMMISSION
JULY 18, 2002
ITEMS IN FORM 8-K
Page | ||||
Item 5. Other Events |
2 | |||
Item 7. Financial Statements and Exhibits |
2 | |||
Signatures |
3 | |||
Exhibit Index |
4 |
1
ITEM 5. OTHER EVENTS
On October 25, 2002, JAKKS Pacific, Inc. completed its acquisition and merger of Toymax International, Inc. (Toymax). This Current Report on Form 8-K incorporates by reference our press release dated October 28, 2002 relating to the completion of the Toymax merger. A copy of the press release is included as Exhibit 99.1 to this Current Report on Form 8-K.
ITEM 7. Financial Statements and Exhibits
(a) | Exhibits |
Exhibit | ||
Number | Description | |
99.1 | Press Release of JAKKS Pacific, Inc. dated October 28, 2002 relating to the completion of the Toymax merger(1) |
(1) | Filed herewith. |
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.
Dated: October 30, 2002
JAKKS PACIFIC, INC | ||
| ||
By: | /s/ JOEL M. BENNETT | |
Joel M. Bennett Executive Vice President |
3
Exhibit Index
Exhibit | ||
Number | Description | |
99.1 | Press Release of JAKKS Pacific, Inc. dated October 28, 2002 relating to the completion of the Toymax merger(1) |
(1) | Filed herewith. |
CONTACTS: | ||
Genna Goldberg JAKKS Pacific, Inc. (310) 455-6235 |
Darren E. Barker Integrated Corporate Relations (562) 698-6771 |
JAKKS Pacific Announces
Completion of Toymax Acquisition
MALIBU, California October 28, 2002 JAKKS Pacific, Inc. (Nasdaq NM: JAKK) today announced that the Company has completed its acquisition of Toymax International, Inc. (Nasdaq: TMAX). ). As a result of the merger, Toymax is now a 100%, wholly-owned subsidiary of the Company, and the Company is now reporting 100% of Toymaxs net income on a consolidated basis.
At a special Toymax stockholders meeting held Friday, October 25, 2002, an overwhelming majority of Toymaxs stockholders approved the merger originally announced February 9, 2002.
JAKKS Pacific, Inc. is a multi-brand company that designs and markets a broad range of toys and leisure products. The product categories include: Action Figures, Arts & Crafts Activity Kits, Stationery, Writing Instruments, Performance Kites, Water Toys, Sports Activity Toys, Vehicles, Infant/Pre-School, Plush and Dolls. The products are sold under various brand names including Flying Colors®, Road Champs®, Remco®, Child Guidance®, Pentech®, Toymax®, Funnoodle®, Laser Challenge and Go Fly a Kite. The Company also participates in a joint venture with THQ Inc. that has exclusive worldwide rights to publish and market World Wrestling Entertainment video games. For further information, visit www.jakkspacific.com.
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Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks, uncertainties and assumptions. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual future results or events may vary materially from those described herein.