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LVS > SEC Filings for LVS > Form 8-K on 17-Nov-2008All Recent SEC Filings

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Form 8-K for LAS VEGAS SANDS CORP


17-Nov-2008

Other Events, Financial Statements and Exhibits


Item 8.01 Other Events.

On November 10, 2008, Las Vegas Sands Corp. (the "Company") announced its revised development plans and capital raising program. On November 14, 2008, the Company completed the sale of 200,000,000 shares of its common stock and 10,446,300 shares of its 10% Series A Cumulative Perpetual Preferred Stock with warrants to purchase up to an aggregate of 174,105,348 shares of common stock, resulting in net proceeds of approximately $2.1 billion. Based upon facts and circumstances that existed as of November 5, 2008, the Company had previously disclosed that there was a substantial doubt about its ability to continue as a going concern. Based upon the actions that management has taken subsequent to November 5, 2008, together with net proceeds obtained from the transactions described above, management has concluded that the substantial doubt about the Company's ability to continue as a going concern has been removed. The Company is herein providing updated audited consolidated financial statements for the three years ended December 31, 2007, to disclose the events described above in "Note 1 - Organization and Business of Company - Development and Financing Strategy, Going Concern and Capital Transactions Update." No other changes or modifications have been made to the financial statements previously filed in the Company's Form 8-K dated on November 6, 2008.


Table of Contents



Item 9.01 Financial Statements and Exhibits.

(a) Not applicable
(b) Not applicable
(c) Exhibits
23.1 Consent of PricewaterhouseCoopers LLP
99.1 Financial Statements of Las Vegas Sands Corp. Report of Independent Registered Public Accounting Firm Consolidated Balance Sheets as of December 31, 2007 and 2006 Consolidated Statements of Operations for each of the three years in the period ended December 31, 2007
Consolidated Statements of Stockholders' Equity and Comprehensive Income for each of the three years in the period ended December 31, 2007 Consolidated Statements of Cash Flows for each of the three years in the period ended December 31, 2007
Notes to Consolidated Financial Statements


Table of Contents

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