Form 8-K
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 14, 2007
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MACC PRIVATE EQUITIES INC.
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(Exact Name of Registrant as Specified in Its Charter)
DELAWARE 0-24412 42-1421406
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
101 Second Street SE, Suite 800, Cedar Rapids, Iowa 52401
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(Address of Principal Executive Offices) (Zip Code)
(319) 363-8249
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(Registrant's Telephone Number, Including Area Code)
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(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 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal
Year.
On December 12, 2007, the Board of Directors of MACC Private Equities, Inc.
(the "Company") adopted a resolution approving certain amendments to the bylaws
of the Company. The Company adopted the bylaws, as amended and restated, in
order to allow for the issuance of uncertificated stock in accordance with
NASDAQ Rule 4350(l) (the "Rule"). The Rule requires listed securities to be
eligible for a Direct Registration Program ("DRP"). A DRP permits a
stockholder's ownership to be recorded and maintained on the books of the issuer
or its transfer agent without issuance of a physical stock certificate.
A copy of the Company's bylaws, as amended and restated on December 12,
2007, is included as an exhibit to this report.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
3(ii) Bylaws of MACC Private Equities, Inc., as amended and restated on
December 12, 2007.
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.
Date: December 14, 2007
MACC PRIVATE EQUITIES INC.
By: /s/ David R. Schroder
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David R. Schroder
President and Secretary
Exhibit Index
Exhibit
Number Description
3(ii) Bylaws of MACC Private Equities, Inc., as amended and restated on
December 12, 2007.