Worldspace, Inc - Current report filing (8-K)
June 04 2008 - 8:18AM
Edgar (US Regulatory)
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): June 3, 2008
WORLDSPACE, INC.
(Exact Name of Registrant as Specified in Charter)
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STATE OF DELAWARE
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000-51466
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52-1732881
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(State or Other Jurisdiction
of Incorporation)
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(Commission File Number)
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(I.R.S. Employer
Identification No.)
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8515 Georgia Avenue, Silver Spring, MD
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20910
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(Address of Principal Executive Offices)
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(Zip Code)
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(301) 960-1200
(Registrants 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:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b))
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 5.02
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Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
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(a) Not Applicable.
(b) On June 3,
2008, WorldSpace, Inc. (the Company) received a letter from Dr. Michael Nobel whereby Dr. Nobel resigned from the Board of Directors of the Company effective immediately. No reason for the resignation was provided in
Dr. Nobels resignation letter, and the executive officers of the Company do not know of any disagreements between the Companys management and Dr. Nobel regarding the Companys operations, policies or practices that
precipitated the resignation. Dr. Nobel was a member of the nominating and corporate governance committee of the Board of Directors.
On June 3, 2008, the Company received a letter from Dr. Frank-Jürgen Richter whereby Dr. Richter resigned from the Board of Directors of the Company effective immediately. No reason for the resignation was provided in
Dr. Richters resignation letter, and the executive officers of the Company do not know of any disagreements between the Companys management and Dr. Richter regarding the Companys operations, policies or practices that
precipitated the resignation. Dr. Richter was a member of the compensation committee of the Board of Directors.
(c) Not Applicable.
(d) Not Applicable.
(e) Not
Applicable.
(f) Not Applicable.
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.
Date: June 3, 2008
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WORLDSPACE, INC.
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(Registrant)
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By:
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/s/ Donald J. Frickel
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Name:
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Donald J. Frickel
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Title:
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Executive Vice President
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