e8vk
 

 
 
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): April 12, 2007
EZCORP, INC.
(Exact name of registrant as specified in its charter)
         
DELAWARE   0-19424   74-2540145
(State or other jurisdiction of
incorporation)
  (Commission File
Number)
  (I.R.S. Employer
Identification No.)
     
1901 CAPITAL PARKWAY
AUSTIN, TEXAS

(Address of principal executive offices)
  78746
(Zip Code)
Registrant’s telephone number, including area code:
(512) 314-3400
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 April 12, 2007, EZCORP, Inc. issued a press release announcing its agreement to acquire the pawn operating assets of Pawn One, Inc. A copy of the press release is attached hereto as Exhibit 99.1.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
     
99.1
  Press release dated April 12, 2007, issued by EZCORP, Inc.

 


 

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 hereunto duly authorized.
         
  EZCORP, INC.
  (Registrant)
 
 
Date: April 12, 2007  By:   /s/ Daniel N. Tonissen    
    (Signature)   
    Senior Vice President, Chief Financial Officer, and Director   
 

 


 

EXHIBIT INDEX
     
99.1
  Press release dated April 12, 2007, issued by EZCORP, Inc.

 

exv99w1
 

EXHIBIT 99.1
EZCORP ACQUIRES 15 STORE PAWNSHOP CHAIN
AUSTIN, Texas (April 12, 2007) — EZCORP, Inc. (Nasdaq: EZPW) announced today that it has entered into an agreement to acquire the assets of the 15 Colorado pawnshops operated by Pawn One, Inc. under the trade name Jumping Jack Cash.
The purchase price will be approximately $23 million cash and the closing is expected in early June 2007.
EZCORP’s President and Chief Executive Officer, Joe Rotunda, stated, “We are very excited about this opportunity. Jumping Jack Cash is the second largest pawn operator in Colorado, second only to EZPAWN’s 24 locations. This acquisition will give us a dominant position in the market and the opportunity to enhance the combined results of both groups of stores.”
EZCORP is primarily a lender or provider of credit services to individuals who do not have cash resources or access to credit to meet their short-term cash needs. The Company offers non-recourse loans collateralized by tangible personal property, commonly known as pawn loans, in 280 U.S. and two Mexico EZPAWN locations open at March 31, 2007. At these locations, the Company also sells merchandise, primarily collateral forfeited from its pawn lending operations, to consumers looking for good value. In 369 EZMONEY locations and 80 EZPAWN locations open at March 31, 2007, the Company offers short-term non-collateralized loans, often referred to as payday loans, or fee based credit services to customers seeking loans.
For additional information, contact Dan Tonissen at (512) 314-2289.