CIBER, Inc. (NYSE:CBR) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement.
Ciber International LLC and Ciber Consulting, Inc. (together with
the Company, the Debtors) filed in the United States Bankruptcy
Court for the District of Delaware (the Bankruptcy Court) a
Notice of Successful Bidder, stating that HTC Global Ventures,
LLC (the Purchaser) is the winning bidder to the bidding
procedures approved by the Bankruptcy Court on May 2, 2017. The
Company and the Purchaser also filed with the Bankruptcy Court an
Asset Purchase Agreement dated as of May 17, 2017 (the Purchase
Agreement), which Purchase Agreement remains subject to approval
of the Bankruptcy Court. to the Purchase Agreement, if approved
by the Bankruptcy Court, the Purchaser and the Company have
agreed that the Purchaser will acquire all or substantially all
of the Debtors assets relating to the Debtors North American
business, along with 50% of the capital stock in wholly-owned
non-Debtor subsidiary CIBERsites India Private Limited, on the
terms set forth in the Purchase Agreement through a sale under 11
U.S.C. 363.
purport to be complete and is qualified in its entirety by
reference to the Purchase Agreement, a copy of which is filed as
Exhibit 2.1 to this Current Report on Form 8-K and incorporated
in this Item 1.01 by reference.
available to the public at the offices of the Clerk of the
Bankruptcy Court or the Bankruptcy Courts web site
(http://www.deb.uscourts.gov) or may be obtained through private
document retrieval services. The Company undertakes no obligation
to make any further public announcement or issue any update with
respect to the documents filed with the Bankruptcy Court or any
matters referred to therein.
and shall not be deemed filed for purposes of Section 18 of the
Securities Exchange Act of 1934, as amended (the Exchange Act),
or otherwise subject to the liabilities of such section. The
information in Item 7.01 of this Form 8-K shall not be
incorporated by reference into any filing under the Securities
Act of 1933, as amended, or the Exchange Act, regardless of any
incorporation by reference language in any such filing.
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Exhibit
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Description
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2.1
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Asset Purchase Agreement, dated May 17, 2017, among
Ciber, Inc., HTC Global Ventures, LLC, Ciber International LLC and Ciber Consulting, Inc. * |
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*
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Schedules and exhibits have been omitted to Item
601(b)(2) of Regulation S-K. A copy of any omitted schedule or exhibit will be furnished supplementally to the Securities and Exchange Commission upon request. |
registrant has duly caused this report to be signed on its behalf
by the undersigned thereunto duly authorized.
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Ciber, Inc.
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Date: May 18, 2017
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By:
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/s/ Christian Mezger
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Christian Mezger
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Chief Financial Officer
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Exhibit
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Description
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2.1
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Asset Purchase Agreement, dated May 17, 2017, among
Ciber, Inc., HTC Global Ventures, LLC, Ciber International LLC and Ciber Consulting, Inc. * |
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*
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Schedules and exhibits have been omitted
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About CIBER, Inc. (NYSE:CBR)
Ciber, Inc. (Ciber) is a global information technology (IT) services company. The Company operates in two segments: North America and International. Its Ciber International segment primarily consists of countries in Western Europe and the Nordic region. Its North America segment is organized into service offerings, which include Independent Software Vendor Relationships (ISV)/Channel Partner Platforms, Managed Services, Business Consulting, Application Development and Management (ADM)/Staffing, and Software-as-a-Service (SaaS). It provides project management, application and technical consulting, and database administration for both implementation projects and managed-services engagements. It also provides a solution, Ciber Compliance Suite, which helps SAP customers monitor the usage of their SAP systems. Its business consulting offering helps clients manage their business by offering expertise in IT strategy, enterprise architecture and vertical business processes. CIBER, Inc. (NYSE:CBR) Recent Trading Information
CIBER, Inc. (NYSE:CBR) closed its last trading session 00.0000 at 0.0950 with 3,145,435 shares trading hands.