UNITED STATES
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): April 11, 2014
Parametric Sound Corporation
(Exact name of registrant as specified in its charter)
| Nevada | 001-35465 | 27-2767540 | ||
| (State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification Number) |
| 13771 Danielson Street, Suite L Poway, CA 92064 | ||
| (Address of principal executive offices) | ||
888-477-2150
(Registrant’s telephone number, including area code)
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:
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 8.01. Other Events
On April 11, 2014, Parametric Sound Corporation announced that its ticker symbol on the NASDAQ Global Market will change from “PAMT” to “HEAR.” The new symbol will become effective as of the opening of trading on Monday, April 14, 2014. A copy of the press release announcing this change is attached hereto as Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
99.1 Press Release, dated April 11, 2014.
SIGNATURE
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.
| Dated: April 11, 2014 | PARAMETRIC SOUND CORPORATION | |||||
| By: | /s/ Juergen Stark | |||||
| Juergen Stark Chief Executive Officer and President | ||||||
Exhibit Index
| Exhibit |
Description | |
| 99.1 | Press Release, dated April 11, 2014. | |
Exhibit 99.1
Parametric Sound Corporation Announces Change in NASDAQ Ticker Symbol to HEAR
New trading symbol reflects broader scope of the company’s audio business
SAN DIEGO, CA, April 11, 2014 – Parametric Sound Corporation (NASDAQ: PAMT) today announced it will change its NASDAQ ticker symbol to HEAR. The new symbol will become effective as of the opening of trading on Monday, April 14.
“Our new ticker symbol, HEAR, reflects the broader scope of our audio business as the result of our recent merger, and reflects our aspiration to become a global leader in commercial, healthcare and consumer audio,” said Juergen Stark, Chief Executive Officer of Parametric Sound Corporation. “Shareholders, partners and customers will recognize HEAR as a natural fit with our company, and we believe that the new ticker will help raise awareness for our growing business and contribute to the creation of long-term shareholder value.”
Parametric Sound Corporation intends to change the company’s name to Turtle Beach Corporation in May, with a corresponding change to the company’s CUSIP number.
Details of the ticker change are included in a corresponding 8-K filing.
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About Parametric Sound
Parametric Sound Corporation is an audio technology company that markets innovative products under the Turtle Beach and HyperSound brands.
The company designs and markets premium audio peripherals for video game consoles, personal computers and mobile devices under the brand Turtle Beach (TurtleBeach.com), including officially-licensed headsets for the next-generation Xbox One and PlayStation 4 consoles. Turtle Beach is the leading brand in video game audio and the official audio provider for Major League Gaming, the world’s largest eSports league, and Twitch, the world’s leading video platform and community for gamers.
Under the brand HyperSound (HyperSound.com), the company markets pioneering directed audio solutions that beam sound to a specific listening area without the ambient noise of traditional speakers. HyperSound has applications in digital signage and kiosks, consumer electronics and health care.
For more information:
Anne Rakunas
Investor Relations
Anne.Rakunas@icrinc.com
+1-310-954-1113
David Lowey
Corporate Communications
david.lowey@turtlebeach.com
+1-914-844-2759