SCHEDULE 14A
(Rule 14a-101)
INFORMATION REQUIRED IN PROXY STATEMENT
SCHEDULE 14A INFORMATION
Proxy Statement Pursuant to Section 14(a) of the
Securities Exchange Act of 1934
Filed by the Registrant [X]
Filed by a party other than the Registrant [ ]
Check the appropriate box:
[ ] Preliminary proxy statement [ ] Confidential, for Use of the
Commission Only (as
permitted by Rule 14a-6(e)(2))
[ ] Definitive proxy statement
[X] Definitive additional materials
[ ] Soliciting material pursuant to Rule 14a-11(c)
or Rule 14a-12
IMC MORTGAGE COMPANY
(Name of Registrant as Specified in Its Charter)
-------------------------------------------------------
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of filing fee (Check the appropriate box):
[X] No fee required.
[ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(1)
and 0-11.
(1) Title of each class of securities to which transaction
applies:
(2) Aggregate number of securities to which transaction applies:
(3) Per unit price or other underlying value of transaction
computed pursuant to Exchange Act Rule 0-11:
(4) Proposed maximum aggregate value of transaction:
(5) Total fee paid:
[ ] Fee paid previously with preliminary materials.
[ ] Check box if any part of the fee is offset as provided by
Exchange Act Rule 0-11(a)(2) and identify the filing for which
the offsetting fee was paid previously. Identify the previous
filing by registration statement number, or the form or schedule
and the date of its filing.
(1) Amount Previously Paid:
(2) Form, Schedule or Registration Statement No.:
(3) Filing Party:
(4) Date Filed:
<PAGE>
(IMC Mortgage Company Letterhead)
November 3, 1999
Dear Fellow Shareholder:
The Special Meeting and the deadline for voting your shares
has been adjourned to November 12, 1999.
Your Board of Directors has unanimously recommended that shareholders vote in
favor of the proposed Asset Purchase Agreement (the "Agreement") between the
Company and CitiFinancial Mortgage Company. At the meeting held on October 29th,
more than 75% of the shares present voted to approve the Agreement, but the
favorable vote of a majority of shares outstanding and entitled to vote, as
required under Florida law, was not obtained and the meeting was adjourned to
November 12, 1999. Due to the complexity of the transaction, the relatively
short time allotted to solicitation, and the favorable response of holders able
to vote thus far, the IMC board has decided to allow additional time for holders
to vote their shares. The board of directors urges you to review the Company's
Proxy Statement dated September 29, 1999 carefully and to vote in favor of the
Agreement.
YOUR VOTE IS IMPORTANT TO THE FUTURE OF YOUR INVESTMENT.
IMC believes that if you do not approve this transaction it will be
forced to seek protection immediately by filing for bankruptcy.
A BANKRUPTCY WOULD NOT RESULT IN ANY ASSETS REMAINING FOR COMMON SHAREHOLDERS.
Your vote is critical no matter how many or how few shares you may own. Our
latest records indicate that we have not yet received your vote. Accordingly,
please sign, date and return the enclosed proxy card today in the envelope
provided.
Very truly yours,
/s/ George Nicholas
Chairman and Chief Executive Officer
If you have any questions, or need assistance in voting
your shares, please call our proxy solicitor,
INNISFREE M&A INCORPORATED
TOLL-FREE, at
888-750-5834
IF YOU HOLD YOUR SHARES THROUGH A BANK OR BROKER, THEY CANNOT VOTE YOUR SHARES
WITHOUT YOUR INSTRUCTIONS.
Please contact the person responsible for your account and instruct them to vote
your shares on your behalf today. Alternatively, you may be able to vote
directly by telephone, or via the Internet. Please call Innisfree at the number
above for assistance.
