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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934
Date of Report (Date of earliest event reported) May 30, 1997
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Radiant Systems, Inc.
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(Exact name of registrant as specified in its charter)
Georgia 0-22065 11-2749765
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(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
1000 Alderman Drive, Alpharetta, Georgia 30202
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (770) 772-3000
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Not applicable
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(Former name or former address, if changed since last report)
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ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS.
On May 30, 1997, Radiant Systems, Inc., a Georgia corporation (the
"Company"), consummated the acquisition of RSI Merger Corporation, a Georgia
corporation ("RSI"). Pursuant to the Agreement and Plan of Merger (the "Merger
Agreement"), dated as of May 16, 1997, by and among the Company, RSI, RSI
Acquisition Corporation., a Georgia corporation and wholly-owned subsidiary of
the Company (the "Merger Sub"), and the shareholders of RSI, all individuals
residing in the State of Texas (individually "Shareholder" and collectively the
"Shareholders"), RSI was merged with and into Merger Sub, whereby RSI became a
wholly-owned subsidiary of the Company (the "Subsidiary"). Pursuant to the
Merger Agreement, the Shareholders received an aggregate of 199,074 shares of
Common Stock of the Company. In addition, the Company repaid approximately $1.3
million of RSI indebtedness in connection with the acquisition.
RSI is a provider of computer software applications directed toward the
full service segment of the food service industry.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(a) Financial Statements of Business Acquired:
At the present time, it is impractical to provide the required
financial statements for RSI as required by this Item 7 of Form 8-K. The Company
will file such required financial statements under cover of Form 8-K/A as soon
as practicable, but not later than August 15, 1997 (60 days after this Report is
required to be filed).
(b) Pro Forma Financial Information:
At the present time, it is impractical to provide the pro forma
financial information relative to the RSI acquisition as required by Article 11
of Regulation S-X and this Item 7 of Form 8-K. The Company will file such pro
forma financial information under cover of Form 8-K/A as soon as practicable,
but not later than August 15, 1997 (60 days after this Report is required to be
filed).
(c) Exhibits:
2.1 - Agreement and Plan of Merger, dated as of May 16, 1997, by
and among Radiant Systems, Inc., RSI Acquisition
Corporation, RSI Merger Corporation, and each of the
Shareholders of RSI Merger Corporation.
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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 hereunto duly authorized.
RADIANT SYSTEMS, INC.
By: /s/ John H. Heyman
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John H. Heyman
Executive Vice President and
Chief Financial Officer
Dated: June 10, 1997
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EXHIBIT INDEX
EXHIBIT NO. Description of Exhibit
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2.1 Agreement and Plan of Merger, dated as of May 16, 1997, by and
among Radiant Systems, Inc., RSI Acquisition Corporation, RSI
Merger Corporation, and each of the Shareholders of RSI Merger
Corporation.