Current Report Filing (8-k)

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): August 20, 2015

  

 

 

ITEX Corporation

(Exact Name of Registrant as Specified in its Charter)

  

 

Nevada	0-18275	93-0922994
(State or other jurisdiction of incorporation)	(Commission file number)	(IRS employer identification number)

 

3326 160th Avenue SE, Suite 100, Bellevue, WA	98008
(Address of principal executive offices)	(Zip code)

 

Registrant’s telephone, including area code    [phone]

 

N/A

(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 (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 8.01

Other Events

 

On August 20, 2015, the Board of Directors of ITEX Corporation declared a cash dividend of $0.10 per share payable on December 10, 2015, to stockholders of record as of the close of business on December 1, 2015. The semi-annual dividend will be paid in lieu of $0.05 per share quarterly dividends otherwise payable in September and December. The Board believes a semi-annual dividend is more efficient and cost effective for the Company.

  

 

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.

  

	ITEX Corporation (Registrant)
Date: August 21, 2015	By:	/s/ Steven White
		Steven White
		Chief Executive Officer

  

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