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 2, 2011
GLOBAL PARI-MUTUEL SERVICES, INC. |
| (Exact name of registrant as specified in its charter) |
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(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
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500 Fifth Avenue, Suite 810, New York, New York | |
| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: (917) 338-7301
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| (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):
o 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 5.02. | Departure of Directors or Certain Officers; Election of Directors;Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On April 2, 2011, James A. Egide, a member of the Board of Directors (the “Board”) of Global Pari-Mutuel Services, Inc. (the “Company”), resigned as a member of the Board effective immediately. Mr. Egide is the Company’s founder and former chief executive officer. The Company is currently in the process of identifying additional candidates to serve on the Board. As previously disclosed, the Company entered into a non-binding letter of intent with respect to the proposed sale by the Company of its wholly-owned subsidiaries, Royal Turf Club, Inc. and Royal Turf Club Limited, to a group led by Mr. Egide.
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.
| Date: April 4, 2011 | GLOBAL PARI-MUTUEL SERVICES, INC. |
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| | By: | |
| | | Name: | R. Jarrett Lilien |
| | | Title: | Chief Executive Officer |
