UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K/A
(Amendment No. 1)
Current
Report
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 29, 2012
HEARTWARE
INTERNATIONAL, INC.
(Exact name of registrant as specified in its charter)
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Delaware
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001-34256
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26-3636023
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(State or Other Jurisdiction
of Incorporation)
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(Commission
File Number)
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(I.R.S. Employer
Identification Number)
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205 Newbury Street, Suite 101
Framingham, MA 01701
(Address of principal executive offices including zip code)
(Registrants telephone number, including area code) (508) 739-0950
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:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)
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On March 30, 2012, HeartWare International, Inc., a Delaware corporation
(
HeartWare
) filed a Current Report on Form 8-K (the
Original Report
) with the Securities and Exchange Commission to report the announcement of its entry into an acquisition agreement with World
Heart Corporation, a Delaware corporation (
World Heart
). This Current Report on Form 8-K/A is being filed to amend and restate the Original Report to check the appropriate box on the cover page hereof to satisfy the filing
obligation of the registrant in connection with written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425). In all other respects, the Original Report is restated below in its entirety.
Item 1.01 Entry into a Material Definitive Agreement
On March 29, 2012, HeartWare, its indirect wholly owned subsidiary, Ocean Acquisition Holding Inc., a Delaware corporation, (Merger Sub), and World Heart, entered into an Agreement and
Plan of Merger and Reorganization (the Merger Agreement), pursuant to which HeartWare will acquire World Heart for consideration of US$8 million, which will be paid in shares of HeartWare common stock or cash, at HeartWares
election (the Transaction). In order to effect the Transaction, Merger Sub will be merged with and into World Heart with World Heart being the surviving corporation.
Under the Merger Agreement, each share of World Heart common stock will either be converted into the right to receive the number of shares of HeartWare common stock equal to the quotient determined by
dividing the per share merger consideration by the average of the per share closing prices of HeartWare common stock on NASDAQ during the ten consecutive trading days ending on (and including) the trading day that is one calendar day prior to the
date of the closing of the Transaction or cash equal to the per share merger consideration, at HeartWares election. The per share merger consideration will be determined by dividing $8 million by the number of shares of World Heart common
stock outstanding on a fully diluted basis (excluding out of the money options, warrants and, warrants subject to a put right). The boards of directors of both companies have approved the Transaction. The Transaction is subject to the approval of
World Hearts stockholders and satisfaction of other customary closing conditions. HeartWare stockholder approval is not required.
In
the Merger Agreement, the parties have agreed to customary representations, warranties and covenants. World Heart has agreed, among other things and subject to certain exceptions, to conduct its business in the ordinary course of business,
consistent with past practice, between the date of the execution of the Merger Agreement and the consummation of the Transaction. The Merger Agreement also contains certain termination rights for both HeartWare and World Heart and further provides
that, upon termination of the Merger Agreement, under certain circumstances, an agreed-upon license agreement between HeartWare and World Heart will become effective whereby World Heart licenses certain patents and patent applications to HeartWare.
In connection with the Transaction, certain stockholders of World Heart have entered into voting agreements with HeartWare pursuant to which
they have agreed to vote a certain number of their shares of World Heart common stock in favor of the Transaction at the World Heart stockholders meeting.
Upon the closing of the Transaction, which is expected within approximately 90 days, World Hearts
operations will be integrated into those of HeartWare.
Additional Information about the Transaction and Where to Find It
HeartWare will file a Registration Statement on Form S-4 containing a proxy statement/prospectus and other documents concerning the
Transaction and World Heart will file a proxy statement and other documents concerning the Transaction, in each case with the Securities and Exchange Commission (the SEC). Investors are urged to read the proxy statement/prospectus when
it becomes available and other relevant documents filed with the SEC because they will contain important information. Security holders may obtain a free copy of the proxy statement/prospectus (when it is available) and other documents filed by
HeartWare and World Heart with the SEC at the SECs web site at http://www.sec.gov. The proxy statement/prospectus and other documents may also be obtained for free by contacting HeartWare Investor Relations by e-mail at
enquiries@heartware.com.au or by telephone at 781.739.0864 or by contacting World Heart Investor Relations by e-mail at investors@worldheart.com or by telephone at 801.355.6255.
HeartWare, World Heart and their respective directors, executive officers, certain members of management and certain employees may be deemed to be participants in the solicitation of proxies in connection
with the proposed merger. A description of the interests in HeartWare of its directors and executive officers is set forth in HeartWares statement for its 2011 Annual Meeting of Stockholders, which was filed with the SEC on April 8, 2011.
This document is available free of charge at the SECs web site at www.sec.gov or by going to HeartWares Investors page on its corporate web site at www.heartware.com. Information concerning World Hearts directors and executive
officers is set forth in World Hearts proxy statement for its 2011 Annual Meeting of Stockholders, which was filed with the SEC on May 2, 2011. This document is available free of charge at the SECs web site at www.sec.gov or by
going to World Hearts Investors page on its corporate web site at www.worldheart.com. Additional information regarding the persons who may, under the rules of the SEC, be deemed participants in the solicitation of proxies in connection with
the proposed merger, and a description of their direct and indirect interests in the proposed merger, which may differ from the interests of HeartWare stockholders or World Heart stockholders, generally will be set forth in the proxy
statement/prospectus when it is filed with the SEC.
Forward-Looking Statements
Statements contained in this Report, including statements regarding the benefits of the Transaction and statements about the expected timing of the Transaction may constitute forward-looking
statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are generally identifiable by the use of the words
believes, views, expects, projects, hopes, could, will, intends, should, estimate, would, may,
anticipates, plans, target, goal or the negative of these words or other variations on these words or comparable terminology. These forward-looking statements are subject to a number of risks and
uncertainties that may cause actual results to differ materially from those contained in the forward-looking information, and are based on the current expectations, estimates, forecasts and projections of HeartWare and World Heart. The following
factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: economic, business, competitive, and/or regulatory factors affecting the businesses of HeartWare and World Heart
generally, including those set forth in the filings of HeartWare and World Heart with the Securities and Exchange Commission, especially in the Risk Factors and Managements Discussion and Analysis of Financial Condition and
Results of Operations sections of their respective annual reports on Form 10-K and quarterly reports on Form 10-Q, their current reports on Form 8-K and other SEC filings. These forward-looking statements speak only as of the date hereof.
HeartWare and World Heart undertake no obligation to publicly release the results of any revisions or updates to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence
of unanticipated events.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
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Exhibit No.
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Description
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99.1
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Press Release announcing the transaction with World Heart Corporation, dated March 29, 2012
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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 as of April 3, 2012
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HEARTWARE INTERNATIONAL, INC.
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By:
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/s/ Lawrence J. Knopf
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Name: Lawrence J. Knopf
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Title: Senior Vice President and General Counsel
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EXHIBIT INDEX
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Exhibit No.
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Description
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99.1
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Press Release announcing the transaction with World Heart Corporation, dated March 29, 2012.
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World Heart (NASDAQ:WHRT)
過去 株価チャート
から 10 2024 まで 11 2024
World Heart (NASDAQ:WHRT)
過去 株価チャート
から 11 2023 まで 11 2024