SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): May 17, 2012
DYNACQ HEALTHCARE, INC.
(Exact Name of Registrant as Specified in Its Charter)
(State or Other Jurisdiction of Incorporation)
COMMISSION FILE NUMBER 000-21574
IRS Employer Identification No. 76-0375477
4301 Vista Road
Pasadena, Texas 77504
|(Address of Principal Executive Offices)||(Registrants Telephone Number, Including Area Code)|
(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 (see General Instruction A.2. below):
|¨||Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)|
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|¨||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 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On May 17, 2012, Chiu M. Chan, our Chairman of the Board of Directors, passed away. He had been incapacitated by an unexpected illness since January of this year. His seat on the Board of Directors will remain vacant while the Board considers whether to appoint a new director or permanently reduce the size of the Board to five members.
Item 9.01 Financial Statements and Exhibits.
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 thereunto duly authorized.
|DYNACQ HEALTHCARE, INC.|
|Date: May 18, 2012||By:||/s/ Philip S. Chan|
|Philip S. Chan|
|Chief Financial Officer|
Dynacq Healthcare Announces the Death of Chiu M. Chan, Founder and Chairman of the Board
HOUSTON(BUSINESS WIRE)May 18, 2012We are deeply saddened to announce that Chiu M. Chan, the Chairman and founder of Dynacq Healthcare, Inc. (NASDAQ:DYII), passed away yesterday morning. He had been incapacitated by an unexpected illness since January of this year. He was 59.
Our hearts go out to his wife, Ella, his children and his family during this tragic time.
Chius passion, dedication and energy left an indelible mark on Dynacq and the healthcare industry.
Eric K. Chan, Chius son and our CEO, President and Director, will continue to lead the Company in his fathers absence.
Dynacq Healthcare, Inc. (www.dynacq.com) is a holding company. Its subsidiaries provide surgical healthcare services and related ancillary services through hospital facilities.
Dynacq Healthcare, Inc., Houston
Philip S. Chan, 713-378-2000
Source: Dynacq Healthcare, Inc.