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): December 19, 2007
ITC^DeltaCom, Inc.
(Exact name of registrant as specified in its charter)
Delaware | 0-23253 | 58-2301135 | ||
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
7037 Old Madison Pike Huntsville, Alabama | 35806 | |
(Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: (256) 382-5900
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 (see General Instruction A.2. below):
¨ | 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 December 7, 2007, ITC^DeltaCom, Inc. (the “Company”) announced that its Board of Directors had set December 17, 2007 at the close of business as the record date for its previously announced rights offering. In its announcement, the Company stated that it intended to distribute at no charge to each shareholder 1.167 non-transferable rights (subject to adjustment as of the record date) for each share of common stock owned by such shareholder on the record date.
On December 19, 2007, the Securities and Exchange Commission declared effective under the Securities Act of 1933 the Company’s registration statement covering the rights offering, which will be conducted at the 1.167 subscription ratio announced on December 7. A copy of the Company’s prospectus relating to the rights offering and additional materials will be mailed on or about December 20, 2007 to shareholders of the Company as of the record date. Unless extended, the rights offering period will expire on January 23, 2008.
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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.
ITC^DELTACOM, INC. | ||
Date: December 20, 2007 | /s/ J. Thomas Mullis | |
J. Thomas Mullis | ||
Senior Vice President-Legal and Regulatory | ||
(Duly Authorized Officer) |
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