M/I HOMES, INC. (NYSE:MHO) Files An 8-K Material Modification to Rights of Security HoldersItem 3.03Material Modification to Rights to Security Holders.
On January 15, 2009, the Board of Directors of the Company (the “Board”) approved, subject to adoption by our shareholders, an amendment (the “NOL Amendment”) to our Amended and Restated Regulations (the “Regulations”) to impose certain restrictions on the transfer of our common shares, $.01 par value per share, in order to preserve the tax treatment of our net operating losses and built in losses (collectively, our “NOL’s”). Our shareholders adopted the NOL Amendment on March 13, 2009 and the NOL Amendment became effective on such date. The NOL Amendment is contained in Article II(f)(2) of our Regulations. In accordance with the terms of the NOL Amendment, the Board has (2) fixed February 15, 2018 as the Expiration Date (as defined in Article II(f)(2)) of the NOL Amendment.As of the Expiration Date, the NOL Amendment shall be deemed expired.
The foregoing summary of Article II(f)(2) does not purport to be complete and is subject and qualified in its entirety by reference to Article II(f)(2), which is included as Exhibit 3.1 to this Current Report on Form 8-K.
Item 9.01Financial Statements and Exhibits.
(d)Exhibits.
|
Exhibit No. |
Description of Exhibit |
|
3.1 |
Amendment to Article II(f)(2) of the Amended and Restated Regulations of M/I Homes, Inc.(incorporated herein by reference to Exhibit 3.1 to the Company’s Current Report on Form 8-K filed on March 13, 2009 (File No. 1-12434)) |
About M/I HOMES, INC. (NYSE:MHO)
M/I Homes, Inc. is a builder of single-family homes. The Company consists of two distinct operations: homebuilding and financial services. The Company’s homebuilding operations are aggregated for reporting purposes into three reporting segments: the Midwest, Mid-Atlantic and Southern regions. The Company’s financial services operations support its homebuilding operations by providing mortgage loans and title services to the customers of its homebuilding operations and is reported as its own segment. The Company conducts mortgage financing activities through its subsidiary, M/I Financial, LLC (M/I Financial), which originates mortgage loans primarily for purchasers of the Company’s homes. The Company and M/I Financial also operate majority-owned subsidiaries that provide title services to purchasers of the Company’s homes. The Company markets and sells homes primarily under the M/I Homes and Showcase Collection (exclusively by M/I Homes) brands.