Form 8-K
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): May 26, 2010
TeamStaff, Inc.
(Exact name of registrant as specified in its charter)
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New Jersey |
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0-18492 |
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22-1899798 |
(State or other Jurisdiction of Incorporation) |
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(Commission File Number) |
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(IRS Employer Identification No.) |
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1 Executive
Drive
Somerset, NJ
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08873 |
(Address of Principal Executive Offices) |
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(Zip Code) |
Registrant’s telephone number,
including area code: (866) 352-5304
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(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:
o Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule
13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 8.01 OTHER EVENTS
On May 26, 2010,
TeamStaff, Inc. (the “Company”) issued a press release announcing
that it currently plans to hold its 2010 Annual Meeting of Stockholders (the
“Annual Meeting”) at 10:00 a.m., New York time, on Thursday,
August 19, 2010. In its press release, the Company also announced the
revised advanced notice deadline for proposals by shareholders for such Annual
Meeting. A copy of the Company’s press release, dated May 26, 2010,
is filed herewith as Exhibit 99.1 and is incorporated herein by
reference.
Item 9.01 FINANCIAL STATEMENTS AND EXHIBITS
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Exhibit Number |
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Exhibit Title or Description |
99.1 |
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Press Release dated May 26, 2010. |
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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.
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TeamStaff, Inc. |
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By: |
/s/ Cheryl Presuto |
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Name: Cheryl Presuto
Title: Chief Financial Officer |
Date: May 26, 2010
EXHIBIT INDEX
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Exhibit |
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Number |
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Description |
99.1 |
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Press Release |
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Exhibit 99.1
Exhibit 99.1
FOR IMMEDIATE RELEASE
CONTACTS:
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Cheryl Presuto
Chief Financial Officer
TeamStaff, Inc.
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Donald C. Weinberger/Diana Bittner (media)
Wolfe Axelrod Weinberger Associates, LLC
212-370-4500 |
1 Executive Drive
Somerset, NJ 08873
866-352-5304
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don@wolfeaxelrod.com
diana@wolfeaxelrod.com
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TeamStaff Announces Date of its
Annual Meeting of Shareholders
Somerset, New Jersey May 26, 2010 TeamStaff, Inc., (NASDAQ: TSTF) a leading healthcare and
logistics services provider to the Federal Government and Department of Defense, today announced
that it currently plans to hold its Annual Meeting of Stockholders (the Annual Meeting) at 10:00
a.m. local time, on Thursday, August 19, 2010, at a location in Somerset, New Jersey to be
disclosed in the Companys proxy materials for the Annual Meeting.
Stockholder Proposal Deadline
The Annual Meeting date represents a change of more than 30 days from the anniversary of the
Companys Annual Meeting of Stockholders held on April 22, 2009. As a result, pursuant to Rule
14a-8 under the Securities Exchange Act of 1934, as amended, the Company has set a new deadline for
the receipt of any stockholder proposals submitted pursuant to Rule 14a-8 for inclusion in the
Companys proxy materials for the Annual Meeting. The new deadline for the submission of the
stockholder proposals is the close of business on June 23, 2010. Such proposals should be addressed
to TeamStaffs Corporate Secretary, TeamStaff, Inc., 1 Executive Drive, Suite 130, Somerset, New
Jersey 08873.
The Company believes that receiving stockholder proposals by this date will provide the Company a
reasonable period of time to allow for the review, consideration and, if appropriate, incorporation
of any such proposals before it begins to print and send its proxy materials to stockholders. Such
proposals will also need to comply with the rules of the Securities and Exchange Commission
regarding the inclusion of stockholder proposals in the Companys proxy materials, and may be
omitted from the Companys proxy statement if not in compliance with applicable requirements.
About TeamStaff, Inc.
Headquartered in Somerset, New Jersey, TeamStaff through its subsidiary, TeamStaff Government
Solutions, specializes in providing medical, logistics, supply chain management and information
technology services to federal agencies including the United States Department of Veterans Affairs
and the Department of Defense. For more information, visit the TeamStaff web site at
www.teamstaff.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
This press release contains forward-looking statements as defined by the Federal Securities Laws.
Statements in this press release regarding TeamStaff, Inc.s business, which are not historical
facts are forward-looking statements that involve risks and uncertainties. TeamStaffs actual
results could differ materially from those described in such forward-looking statements as a result
of certain risk factors and uncertainties, including but not limited to: our ability to continue
to recruit and retain qualified temporary and permanent healthcare professionals and administrative
staff on acceptable terms; our ability to enter into contracts with hospitals, healthcare facility
clients, affiliated healthcare networks, physician practice groups, government agencies and other
customers on terms attractive to us and to secure orders related to those contracts; changes in
the timing of customer orders for placement of temporary and permanent healthcare professionals and
administrative staff; the overall level of demand for our services; our ability to successfully
implement our strategic growth, acquisition and integration strategies; the effect of existing or
future government legislation and regulation; the loss of key officers and management personnel
that could adversely affect our ability to remain competitive; other regulatory and tax
developments; and the effect of other events and important factors disclosed previously and from
time-to-time in TeamStaffs filings with the U.S. Securities Exchange Commission. For a discussion
of such risks and uncertainties which could cause actual results to differ from those contained in
the forward-looking statements, see Risk Factors in the Companys periodic reports filed with the
SEC. The information in this release should be considered accurate only as of the date of the
release. TeamStaff expressly disclaims any current intention to update any forecasts, estimates or
other forward-looking statements contained in this press release.