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): July 12, 2011
(Exact Name of Registrant as Specified in Charter)
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Delaware
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0-15235
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87-0418827
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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 Number)
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8911 Balboa Ave., Suite B, San Diego, California 92123
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (858) 503-7810
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:
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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 under the Exchange Act (17 CFR 240.14a-12)
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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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On July 12, 2011, Mitek Systems, Inc. (the “Company”) issued a press release announcing that it received approval to have its common stock listed on the NASDAQ Capital Market. The Company expects to commence trading on the NASDAQ Capital Market on July 14, 2011 under the ticker symbol “MITK.” In connection with the approval to list its shares of common stock on the NASDAQ Capital Market, the Company will hire a chief financial officer within 90 days of such listing.
A copy of the press release is attached hereto as Exhibit 99.1, and the information contained therein is incorporated herein by reference. The information contained in Item 8.01 to this Current Report on Form 8-K, including the exhibit, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and the information shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
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99.1
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Press Release issued on July 12, 2011.
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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.
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Mitek Systems, Inc.
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By:
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/s/ James B. DeBello
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James B. DeBello
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President, Chief Executive Officer and
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Chief Financial Officer
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Date: July 13, 2011
EXHIBIT INDEX
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Exhibit No.
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Exhibit Title
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99.1
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Press Release issued on July 12, 2011.
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Exhibit 99.1
Mitek Systems Shares Approved for NASDAQ Capital Market Listing
Trading scheduled to commence on Thursday, July 14, 2011, under symbol ‘MITK’
SAN DIEGO – July 12, 2011 – Mitek Systems, Inc. (OTC: MITK.OB; www.miteksystems.com), the leader in mobile-imaging applications using smartphone cameras for check deposits, bill payments and ACH enrollments, today announced that that it has been approved for the listing of its shares on the NASDAQ Capital Market.
The company expects to commence trading on the NASDAQ Capital Market on Thursday, July 14, 2011, under the ticker symbol “MITK.” Prior to the listing change to NASDAQ, the company's common stock will continue to trade on the OTC Bulletin Board under the current ticker symbol “MITK.OB.”
The company’s patented flagship mobile-banking product, Mobile Deposit®, enables users to deposit checks securely and accurately simply by snapping photos of the paper documents with their camera-equipped smartphones, eliminating visits to bank branches or ATMs. Mobile Deposit has been or is in the process of being deployed by six of the top 10 retail banks in the United States, and by dozens of other banks, credit unions, brokerage firms and payment facilitators.
“We are pleased to announce Mitek’s listing on the NASDAQ Capital Market,” said James B. DeBello, President and CEO of Mitek Systems. “We believe the move to NASDAQ greatly increases the visibility of our shares in the market and reflects the company’s strong growth in mobile payments.”
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About Mitek Systems
For more than 20 years, Mitek Systems (NASDAQ:MITK) has provided financial institutions with advanced imaging and analytics software to authenticate and extract data from imaged checks and other financial documents. Mitek's patented technology has created the Gold Standard for Mobile Check Deposit and is currently used by leading financial organizations in the United States to process more than 10 billion items per year.
Today, Mitek is applying its patented technology and extensive expertise in image correction, optical character recognition and intelligent data extraction to mobile devices. Using Mitek Mobile Apps, smartphone users can now deposit checks, pay bills, save receipts and fax documents while on the road or sitting at a desk -- eliminating trips to the bank, Post Office and file cabinet. Simply take a picture of the document and Mitek does the rest -- correcting image distortion, extracting relevant data, routing images to their desired location, and processing transactions through users' financial institutions.
For more information about Mitek Systems, contact the company at 858-503-7810 or visit www.miteksystems.com.
Contact:
Bud Leedom
Finance Director
858.503.7810 x309