SECURITIES AND EXCHANGE COMMISSION
UNITED STATES
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 24, 2009
HENNESSY ADVISORS, INC.
(Exact name of registrant as specified in its charter)
| California | 000-49872 | 68-0176227 |
| (State or other jurisdiction | (Commission | (IRS Employer |
| of incorporation) | File Number) | Identification No.) |
| 7250 Redwood Blvd., Suite 200 | 94945 |
| Novato, California | |
| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number including area code: (415) 899-1555
Not Applicable
(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)) |
| Item 8.01. | Other Events |
On June 24, 2009, Hennessy Advisors, Inc. (the “Company”) reached a definitive agreement with SPARX Investment & Research, USA, Inc. to acquire its assets related to the management of the SPARX Japan Fund and SPARX Japan Smaller Companies Fund (the “SPARX Funds”), each a series of SPARX Asia Funds. Pursuant to the proposed transaction, Hennessy Advisors will become the investment manager to the SPARX Funds, and the Hennessy Funds trustees will become the trustees of the SPARX Asia Funds. The SPARX Funds have approximately $65 million in assets.
The Company will pay for all costs associated with gaining approval of the shareholders of the SPARX Funds. The proposed transaction is also subject to the approval of the Board of Trustees of SPARX Asia Funds. The transaction is expected to close by the end of September 2009.
A copy of the press release announcing the proposed transaction is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
| Item 9.01. | Financial Statements and Exhibits |
| Exhibit | Description |
| 99.1 | Press Release |
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Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| HENNESSY ADVISORS, INC. | |
| (registrant) | |
June 24, 2009 |
By: /s/ Daniel B. Steadman |
| Daniel B. Steadman | |
| Executive Vice President |
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HENNESSY ADVISORS, INC.
Exhibit Index to Current Report on Form 8-K dated June 24, 2009
| Exhibit | Description |
| 99.1 | Press Release |