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SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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 4, 1998
First Cash, Inc.
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(Exact name of registrant as specified in charter)
Delaware
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(State or other jurisdiction of incorporation)
0-19133 75-2237318
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(Commission File Number) (IRS Employer
Identification Number)
690 East Lamar, Suite 400, Arlington, Texas 76011
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(Address of principal executive offices, including zip code)
(817) 460-3947
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(Registrant's telephone number, including area code)
Item 1 Changes in Control of Registrant
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Inapplicable
Item 2 Acquisition or Disposition of Assets
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On June 4, 1998, First Cash, Inc. acquired 100% of the capital stock of
Miraglia, Inc., located in Concord, California. Closing documents are currently
being held in escrow, pending receipt of landlord lease assignments, transfer of
certain business licenses, and successful resolution of certain outstanding tax
matters. Miraglia, Inc. owns eleven check cashing stores, which do business
under the name Cash & Go, in California and Washington. Miraglia, Inc. also
provides proprietary software and operating systems for check cashing stores,
under the name Answers, etc. Miraglia, Inc. is a non-affiliate of First Cash,
Inc. The consideration for the capital stock of Miraglia, Inc. consisted of
850,000 shares of First Cash, Inc. common stock, $6.3 million cash, and a five
year, $6.0 million note bearing interest at 7% with quarterly principal and
interest payments. The cash used in this acquisition represented proceeds from
an existing line of credit.
Item 3 Bankruptcy or Receivership
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Inapplicable
Item 4 Changes in Registrant's Certifying Accountant
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Inapplicable
Item 5 Other Events
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Inapplicable
Item 6 Resignation of Registrant's Directors
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Inapplicable
Item 7 Financial Statements and Exhibits
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At the time of this Form 8-K filing it is impractical to provide the
required financial statements of Miraglia, Inc. and the related pro forma
financial information. The required financial statements and related pro forma
financial information will be filed as soon as practicable, but not later than
60 days after this report on Form 8-K.
Item 8 Change in Fiscal Year
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Inapplicable
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, thereunto duly authorized.
Dated: June 24, 1998 FIRST CASH, INC.
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(Registrant)
Rick L. Wessel
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Rick L. Wessel
Chief Accounting Officer