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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: January 4, 1999
MATRIX BANCORP, INC.
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(Exact name of registrant as specified in its charter)
Colorado 0-21231 84-1233716
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(State or other Jurisdiction of (Commission File Number) (I.R.S. Employer
Incorporation) Identification
Number)
1380 Lawrence Street, Suite 1410
Denver, Colorado 80204
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(Address of principal executive offices)
(303) 595-9898
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(Registrant's telephone number, including area code)
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Item 5. Other Events
On December 30, 1998, Matrix Capital Corporation announced that
effective on Tuesday, December 29, 1998, its name changed to Matrix Bancorp,
Inc. The name change was initially approved by the Company's shareholders at its
1998 Annual Meeting of Shareholders, held on May 1, 1998. Its CUSIP number will
remain the same. The Company will continue to trade on the NASDAQ National
Market under the symbol "MTXC."
The name change allows the Company to be more readily identified as a
thrift holding company, and will reinforce to management of the Company and
others the focus of the Company on traditional thrift activities, such as
lending activities, loan purchase and servicing activities and deposit
generation activities. The Company also believes that the name change allows the
Company to distance itself from identification with the numerous specialty
financial services companies that have traditionally relied on gain-on-sale
accounting from securitizations of subordinate lien consumer or real estate
loans or sub-prime first lien mortgage loans.
Forward-Looking Statements
Certain statements contained in this report that are not historical
facts including, but not limited to, statements that can be identified by the
use of forward-looking terminology such as "may," "will," "expect,"
"anticipate," "predict," "plan," "estimate" or "continue," or the negative
thereof or other variations thereon, or comparable terminology, are
forward-looking statements within the meaning of the Private Security Litigation
Reform Act of 1995, that involve a number of risks and uncertainties. The actual
results of the future events described in such forward-looking statements in
this report may differ materially from those stated in such forward-looking
statements. Among the factors that could cause actual results to differ
materially are the risks and uncertainties discussed in the company's current
report on Form 8-K, filed March 25, 1998 and the uncertainties set forth from
time to time and the company's periodic reports, filings and other public
statements.
Item 7. Financial Statements and Exhibits
(c) Exhibits:
Exhibit 99.1 Press release, dated December 30, 1998
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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.
MATRIX CAPITAL CORPORATION
Dated: January 4, 1999 /s/ David W. Kloos
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David W. Kloos
Senior Vice President and
Chief Financial Officer
Exhibit 99.1
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EXHIBIT 99.1
Company Press Release
Matrix Capital Corporation Announces
Name Change to Matrix Bancorp, Inc.
DENVER, December 30 / PRNewswire/ -- Matrix Capital Corporation (Nasdaq: MTXC -
news) today announced that it has changed its name to Matrix Bancorp, Inc. (the
"Company").
The common stock of the Company will continue to trade on The Nasdaq National
Market under the symbol "MTXC". The Company's website (http://www.matrixcap.com)
will have a new address at www.matrixbancorp.com, which is scheduled to be
operational by Friday, January 8, 1999. In the meantime, access to the Company's
website will be available at www.matrixcap.com.
The Company is a unitary thrift holding company headquartered in Denver,
Colorado. Its operations are conducted primarily in Colorado, Arizona, Texas and
New Mexico.
Certain information contained in this press release constitutes "Forward-Looking
Statements" within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as amended,
which can be identified by the use of forward-looking terminology such as "may,"
"will," "expect," "anticipate," "estimate," or "continue" or the negative
thereof or other variations thereon or comparable terminology. The statements in
"Risk Factors" contained in the Company's current report on Form 8-K, filed with
the Securities and Exchange Commission on March 25, 1998, constitute cautionary
statements identifying important factors, including certain risks and
uncertainties, with respect to such forward-looking statements that could cause
actual results to differ materially from those reflected in such forward-looking
statements.
