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): February 22, 2005
Asset Acceptance Capital Corp.
(Exact name of Registrant as specified in its charter)
| | | | | |
| Delaware | | 000-50552 | | 80-0076779 |
| (State or other jurisdiction | | (Commission | | (IRS Employer |
| of incorporation) | | File Number) | | Identification No.) |
28405 Van Dyke Avenue
Warren, Michigan 48093
(Address of principal executive offices)
Registrant’s telephone number, including area code: (586) 939-9600
6985 Miller Road
Warren, Michigan 48092
(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:
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 140.14a-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))
TABLE OF CONTENTS
Item 2.02.Results of Operations and Financial Condition
On February 22, 2005, Asset Acceptance Capital Corp. issued a press release announcing its financial results for the fourth quarter and the fiscal year ended December 31, 2004. The press release, dated February 22, 2005, is being furnished pursuant to Item 2.02 of Form 8-K. The full text of the press release is furnished as Exhibit 99 to this form 8-K and is incorporated in this report by reference.
The Registrant’s press release contains the non-GAAP financial measures “adjusted net income” and “operating expenses to cash collections” which take into account one-time charges and adjustments relating to the Registrant’s initial public offering. Management believes these non-GAAP financial measures more accurately compare the Registrant’s financial condition and results of operations to prior periods.
Item 9.01.Financial Statements and Exhibits.
Exhibits.
| | | |
| Exhibit | | |
| Number | | |
| 99 | | Press Release dated February 22, 2005. |
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.
| | | | | | | |
| February 22, 2005 | | ASSET ACCEPTANCE CAPITAL CORP. |
| | | | | | | |
| | | /s/ Nathaniel F. Bradley IV |
| | | | | |
| | By: | | Nathaniel F. Bradley IV | | |
| | | | President and Chief Executive Officer | | |
EXHIBIT INDEX
| | | |
| Exhibit No. | | Description |
| 99 | | Press Release, dated February 22, 2005 |
