UNITED STATES
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
November 21, 2007 (November 20, 2007)
Date of Report (Date of earliest event reported)
EPIQ SYSTEMS, INC.
(Exact name of registrant as specified in its charter)
Missouri 0-22081 48-1056429
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification Number)
501 Kansas Avenue
Kansas City, Kansas 66105
(Address of principal executive offices)
(913) 621-9500
(Registrant's telephone number, including area code)
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 (see General Instruction A.2. below):
[ ] 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)).
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Item 1.01 Entry Into a Material Definitive Agreement.
On November 21, 2007, Epiq Systems, Inc. announced that it had closed on
the sale of 5,000,000 shares of the Company's common stock at a price of $16.60
per share to certain purchasers pursuant to a Placement Agency Agreement with
Wachovia Capital Markets, LLC, as placement agent, and various Subscription
Agreements with the purchasers named therein. The sale of the shares of common
stock was made pursuant to the Company's effective registration statement on
Form S-3 (File No. 333-145206).
The Company will use the net proceeds of the offering of approximately
$78.5 million to pay down its senior revolving credit facility in full.
The press release announcing the pricing of the offering of common stock is
filed as an exhibit to this report.
Item 9.01. Financial Statements and Exhibits.
(c) Exhibits.
The following exhibits are filed as part of this report:
Exhibit No. Description
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99.1 Press release dated November 21, 2007, announcing the closing
of the offering of common stock.
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.
EPIQ SYSTEMS, INC.
Date: November 21, 2007
By: /s/ Tom W. Olofson
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Name: Tom W. Olofson
Title: Chairman of the Board, Chief
Executive Officer and Director