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AFSI > SEC Filings for AFSI > Form 8-K on 10-May-2013All Recent SEC Filings

Show all filings for AMTRUST FINANCIAL SERVICES, INC. | Request a Trial to NEW EDGAR Online Pro

Form 8-K for AMTRUST FINANCIAL SERVICES, INC.


10-May-2013

Other Events


Item 8.01 OTHER EVENTS.

On May 10, 2013, AmTrust Financial Services, Inc. (the "Company") announced the results of the special meeting of members of Mutual Insurers Holding Company ("MIHC") held that morning where the members approved, among other matters, the conversion of MIHC from a mutual holding company to stock form. In addition, the Company completed its offering of shares of its common stock for cash on a subscription basis to certain of the MIHC members and to directors, officers and employees of MIHC and its subsidiaries. The Company received subscriptions for $472,421. The Company sold the shares at a purchase price of $26.17 per share, which represented a 20% discount to the volume-weighted average trading price of a share of its common stock, as reported on the NASDAQ Global Select Market, for the 10-day period ending Thursday, May 9, 2013, which was $32.7094. The Company will issue 18,052 shares of its common stock to subscribers in the offering upon the effectiveness of MIHC's amended and restated certificate of incorporation, which is to be filed with the Delaware Secretary of State on May 13, 2013.


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