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 10, 2012

 

Net Element International, Inc.
(Exact name of registrant as specified in its charter)

 

Delaware   001-34887   96-0668024

(State or other jurisdiction

of incorporation)

  

(Commission

(File Number)

  

(I.R.S. Employer

Identification No.)

 

1450 S. Miami Avenue, Miami, FL   33130
(Address of principal executive offices)   (Zip Code)

 

Registrant's telephone number, including area code: (305) 507-8808

 

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:

 

¨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))
 
 
Item 8.01Other Events.

 

On December 10, 2012, Net Element International, Inc. (the “Company”) issued a press release announcing that its Board of Directors had authorized a plan to permit the repurchase by the Company of up to $2.5 million of issued and outstanding shares of the Company’s common stock in open market or in privately negotiated transactions during the 24-month period ending December 10, 2014. The press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.

 

 

Item 9.01Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit No.   Description
99.1   Press release of Net Element International, Inc., dated December 10, 2012

 

 

 

 

 

 
 

SIGNATURES

 

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.

 

  NET ELEMENT INTERNATIONAL, INC.
         
  By: /s/ Alberto Hernandez  
    Name: Alberto Hernandez  
    Title: Chief Operating Officer  

 

 

Date: December 10, 2012