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: August 28, 2003
EMERGENT GROUP INC.
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Nevada 0-21475 93-1215401
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
932 Grand Central Avenue, Glendale, CA 91201
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (818) 240-8250
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Not Applicable
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(Former name or former address, if changed since last report.)
Item 5. Other Events and Regulation FD Disclosure
On August 29, 2003, Emergent Group Inc.'s reverse stock will become
effective. All stockholders of record at the close of business on August 28,
2003 will be requested to exchange every 40 shares of Common Stock, $.001 par
value, for one new share of Common Stock, $.04 par value.
Emergent's Common Stock has from time-to-time been quoted in the OTC pink
sheets under the symbol "EMGR." Any market for Emergent's Common Stock has been
extremely limited and sporadic. As a result of the reverse stock split,
Emergent's Common Stock has been assigned a new symbol of "EMGP" effective
August 29, 2003.
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.
EMERGENT GROUP INC.
By:/s/ Bruce J. Haber
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Bruce J. Haber, Chief Executive Officer
Date: August 28, 2003