SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
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Date of Report (Date of earliest event reported): July 18, 1997
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JACKSON HEWITT INC.
(Exact name of Registrant as specified in its charter)
Virginia
(State or other jurisdiction of incorporation or organization)
0-22324 54-1349705
(Commission File Number) (I.R.S. Employer Identification No.)
4575 Bonney Road
Virginia Beach, Virginia 23462
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (757) 473-3300
N.A.
(Former name or former address, if changed since last report)
Item 5. Other Events
Jackson Hewitt Inc. (the "Corporation") entered into an Agreement and
Plan of Recapitalization (the "Plan of Recapitalization"), dated as of June 18,
1997, by and among the Corporation, Geocapital II, L.P. ("Geocapital II"),
Geocapital III, L.P. ("Geocapital III"), JMI Equity Fund, L.P. ("JMI"), Charles
Federman and Stephen J. Bachman (Geocapital II, Geocapital III, JMI and Messrs.
Federman and Bachman, each an "Investor" and collectively the "Investors")
whereby the Investors, the holders of all of the Corporation's issued and
outstanding Series A Convertible Preferred Stock (the "Preferred Stock"), have
exchanged their 504,950 shares of Preferred Stock for 699,707 shares of the
Corporation's Common Stock. The transaction closed July 3, 1997.
Item 7. Financial Statements and Exhibits.
(a) Financial Statements of Business Acquired.
Not Applicable.
(b) Pro Forma Financial Information.
Not Applicable.
(c) Exhibits.
Not Applicable
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.
JACKSON HEWITT INC.
By: /s/ Christopher Drake
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Christopher Drake
Controller and Chief Financial Officer
Date: July 18, 1997