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): August 1, 2019
Marlin Business Services Corp.
(Exact Name of Registrant as Specified in Charter)
| Pennsylvania | 000-50448 | 38-3686388 |
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (I.R.S. Employer Identification Number) |
| 300 Fellowship Road, Mount Laurel, NJ | 08054 |
| (Address of Principal Executive Offices) | (Zip Code) |
(888) 479-9111
(Registrant's telephone number, including area code)
(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:
|
| | [ ] | 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)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company [ ]
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| | | |
| Common Stock, $.01 par value | MRLN | The NASDAQ Stock Market LLC |
Item 2.02. Results of Operations and Financial Condition.
The Registrant issued a press release on August 1, 2019, announcing its results of operations for the second quarter ended June 30, 2019. A copy of the press release is being furnished as Exhibit 99.1 to this report.
The information in Item 2.02 of this Current Report, including the Exhibit hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that Section. The information in Item 2.02 of this Current Report shall not be incorporated by reference into any registration statement or other document filed with the Securities and Exchange Commission.
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) Edward R. Dietz, Senior Vice President and General Counsel, will leave Marlin Business Services Corp. (the “Company”) at the end of 2019. The Company expects to enter into a separation and release agreement with Mr. Dietz, whereby he will continue to serve as Senior Vice President and General Counsel until December 31, 2019
Item 8.01. Other Events.
The Registrant’s Board of Directors has approved an increase to its stock repurchase program wherein the Registrant is authorized to repurchase up to an additional $10 million of its outstanding shares of common stock.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
99.1 Press Release issued by Marlin Business Services Corp. on August 1, 2019.
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.
| | | Marlin Business Services Corp.
(Registrant) |
| | | |
| | | |
| Date: August 1, 2019 | | /s/ Michael R. Bogansky |
| | | Michael R. Bogansky |
| | | Senior Vice President & Chief Financial Officer |
| | | |
