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): December 2, 2004
TRANSACT TECHNOLOGIES INCORPORATED
(Exact name of registrant as specified in its charter)
Delaware 0-21121 06-1456680
(State or other jurisdiction (Commission file number) (I.R.S. employer
of incorporation) identification no.)
7 Laser Lane, Wallingford, CT 06492
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (203) 269-1198
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 (see General Instruction A.2. below):
[ ] 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))
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Item 1.01 Entry into a Material Definitive Agreement.
On December 2, 2004, TransAct Technologies Incorporated entered into a lease
agreement with Las Vegas Airport Properties LLC for a new, approximately 13,700
square foot facility located in the Hughes Airport Facility at 6700 Paradise
Road, Suite D, Las Vegas, Nevada 89119. The new facility will serve as
TransAct's global gaming and lottery headquarters and western region service
center, as well as house TransAct's west coast point of sale and banking sales
unit. The lease extends for a five-year term commencing on the earlier of (i)
January 1, 2005, or (ii) the completion of certain specified tenant improvements
to the premises. The lease also provides for an abatement of rent for the first
six months of the lease term, as well as an option to renew and extend the lease
for one term of five years at the expiration of the initial term of the lease.
Assuming a January 1, 2005 commencement date, minimum rental payments required
under this non-cancelable lease are as follows: $64,000 in 2005, $132,000 in
2006, $136,000 in 2007; $140,000 in 2008; and $144,000 in 2009.
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.
TRANSACT TECHNOLOGIES INCORPORATED
By: /s/ Steven A. DeMartino
-----------------------------------
Steven A. DeMartino
Executive Vice President and
Chief Financial Officer
Date: December 7, 2004
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