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IAAC International Assets Holding Corp. (MM)

23.86
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
International Assets Holding Corp. (MM) NASDAQ:IAAC NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 23.86 0 01:00:00

- Current report filing (8-K)

31/12/2009 10:14pm

Edgar (US Regulatory)



 
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 (Date of earliest event reported):  12/17/2009
 
International Assets Holding Corporation
(Exact name of registrant as specified in its charter)
 
Commission File Number:  000-23554
 
Delaware
  
59-2921318
(State or other jurisdiction of
  
(IRS Employer
incorporation)
  
Identification No.)
 
220 E. Central Parkway, Suite 2060, Altamonte Springs, FL 32701
(Address of principal executive offices, including zip code)
 
407-741-5300
(Registrant’s telephone number, including area code)
 
(Former name or former address, if changed since last report)
 
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:

[  ]   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))
 

 
Item 1.01.    Entry into a Material Definitive Agreement
 
On December 17, 2009, the Company's subsidiary INTL Global Currencies Limited entered into a Third and Amended Credit Agreement with Bank of America, N.A., pursuant to which it renewed its $25,000,000 revolving credit facility. The facility permits the Company to borrow up to $25,000,000, subject to certain conditions. Advances under the facility are secured by a guaranty of the Company. The interest rate on this facility was 3.00% over daily LIBOR. The facility expires on December 17, 2010.
 
 
Item 9.01.    Financial Statements and Exhibits
 
(d)        Exhibits.
The following exhibits are filed herewith:

10.1    Third Amendment to Credit and Security Agreement dated as of December 17, 2009 by and between INTL Global Currencies Limited and Bank of America, N.A.

 

 

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.
 
           
International Assets Holding Corporation
 
 
Date: December 31, 2009
     
By:
 
/s/    Brian T. Sephton

               
Brian T. Sephton
               
Chief Legal and Governance Officer
 
 


 

EXHIBIT INDEX
 
Exhibit No.

  
Description

EX-10.1
  
Third Amendment to Credit and Security Agreement by and between INTL Global Currencies Limited and Bank of America, N.A.

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