8-K 1 inx_8k-051309.htm CURRENT REPORT inx_8k-051309.htm
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 13, 2009 (May 12, 2009)

INX Inc.
(Exact name of registrant as specified in its charter)


Delaware
(State of Incorporation)
1-31949
Commission file number
76-0515249
(I.R.S. Employer Identification No.)


6401 Southwest Freeway
Houston, Texas 77074
(Address of Registrant’s principal executive offices)


(713) 795-2000
(Registrant’s telephone number, including area code)


(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 8.01        Other Events.

On May 12, 2009, the Board of Directors of INX Inc. (“INX”) approved the repurchase of up to an aggregate of $2 million of INX Common Stock.  Under the repurchase plan, any shares repurchased must be purchased on or before October 31, 2009.  The plan calls for the repurchases to be made in open market or privately negotiated transactions in compliance with Rule 10b-18 under the Securities Exchange Act of 1934, as amended, subject to market and business conditions, applicable legal requirements and other factors.  The plan also requires the repurchased shares to be retired as soon as practicable following the repurchase.  The plan does not obligate INX to purchase any particular number of shares, and may be suspended at any time at the discretion of INX in accordance with Rule 10b-18.
 
INX issued a related press release announcing the new share repurchase program on May 13, 2009.  The full text of the press release is attached as Exhibit 99.1 to this report and is hereby incorporated by reference herein.
 
Item 9.01        Financial Statements and Exhibits
 
(c) 
Exhibits
 
Exhibit Number
Description
 
99.1
Press Release, dated May 13, 2009.
 
 
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.

Date:  May 13, 2009
INX Inc.
 
 
By:      /s/ Brian Fontana
Brian Fontana
Chief Financial Officer
 
 
 
 
 
EXHIBIT INDEX

 
 
Exhibit Number
Description
 
99.1
Press Release, dated May 13, 2009.