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):
June 17, 1996
MAVERICK RESTAURANT CORPORATION
(Exact Name of Registrant as
Specified in its Charter)
0-12145
(Commission File Number)
Kansas 48-0936946
(State or Other Jurisdiction (I.R.S. Employer
of Incorporation or Organization) Identification Number)
Suite 200
302 North Rock Road
Wichita, Kansas 67206
(316) 685-8281
(Registrant's Telephone Number
Including Area Code)
Item 2. ACQUISITION OR DISPOSITION OF ASSETS
On June 17, 1996, the Company acquired from Homestead West, Inc. and Amagril,
Inc. all assets used in the operation of the Amarillo Grill restaurant chain.
The Amarillo Grill restaurant chain consists of four restaurants, two of which
are located in Wichita, Kansas, one in Hutchinson, Kansas and one in Overland
Park, Kansas. The Company intends to continue operating the restaurants under
the "Amarillo Grill" name. Amarillo Grill restaurants are a casual-dining
concept that specializes in aged prime rib and steaks along with chicken and
seafood grilled over an open flame of mesquite wood.
The purchase price for the assets consisted of one million (1,000,000) shares of
the Company's restricted common stock and cash in the amount of One Million Five
Hundred Thousand Dollars ($1,500,000). The cash portion of the purchase price
was received by the Company pursuant to a loan with Intrust Bank, Wichita,
Kansas. The purchase price for the assets was determined by arms-length
negotiations.
Item 7. FINANCIAL STATEMENTS AND EXHIBITS
A) FINANCIAL STATEMENTS OF HOMESTEAD WEST, INC.
Due to the recent completion of the above-described transaction, it is not
practical to file the required historical financial information at this
time. The Company will file the required pro forma financial statements
with the Commission as soon as they are available.
B) PRO FORMA FINANCIAL INFORMATION
Due to the recent completion of the above-described transaction, it is not
practical to file the required pro forma financial information at this
time. The Company will file the required pro forma financial statements
with the Commission as soon as they are available.
C) EXHIBITS
EXHIBIT NO. DESCRIPTION
10.1 Asset Purchase Agreement dated June 14, 1996
between Homestead West, Inc., Amagril, Inc.
and the Company.
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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 thereunto duly authorized.
MAVERICK RESTAURANT CORPORATION
Date: July 1, 1996 By: /S/ Linn F. Hohl
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Linn F. Hohl, Vice President of
Finance
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