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): September 11, 2015
FXCM Inc.
(Exact Name of Registrant as Specified in its Charter)
| Delaware | | 001-34986 | | 27-3268672 |
| (State or Other Jurisdiction of | | (Commission File Number) | | (IRS Employer |
| Incorporation) | | | | Identification No.) |
55 Water Street, FL 50, New York, NY, 10041
(Address of Principal Executive Offices) (Zip Code)
(646) 432-2986
(Registrant’s Telephone Number, Including Area Code)
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:
| ¨ | | 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 2.01 Completion of Acquisition or Disposition of Assets.
As previously reported on May 28, 2015, subsidiaries of FXCM Inc. (the “Company”), entered into a share purchase agreement, pursuant to which they agreed to sell all of the issued and outstanding equity interests of FXCM Asia Limited (“FXCM Hong Kong”) to Rakuten Securities, Inc. On September 11, 2015, the Company completed the disposition of FXCM Hong Kong for a purchase price of approximately $38 million. The consideration received at closing consisted of approximately $26.4 million in cash. The remaining consideration is subject to final adjustment based on the finalization of FXCM Hong Kong’s balance sheet as of September 11, 2015.
Item 9.01. Financial Statements and Exhibits.
| Exhibit No. | Exhibit Description |
| 99.1 | Press Release dated September 14, 2015, issued by FXCM Inc. |
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.
| | FXCM INC. |
| | By: | /s/ David. S. Sassoon |
| | | Name: | David S. Sassoon |
| | | Title: | General Counsel |
Date: September 14, 2015
