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):
January 20, 2006
(Exact
name of registrant as specified in its charter)
|
Florida
|
0-25681
|
65-0423422
|
|
|
(State
or other jurisdiction
|
(Commission
|
(IRS
Employer
|
|
|
of
Incorporation)
|
File
Number)
|
Identification
No.)
|
|
|
11760
U.S. Highway One
Suite
500
North
Palm Beach, Florida
(Address
of principal executive offices)
|
33408
(Zip
Code)
|
||
Registrant's
telephone number, including area code:
(561) 630-2400
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:
| o |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
|
| o |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|
| o |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR
240.14d-2(b))
|
| o |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR
240.13e-4(c))
|
Section
1 - Registrant’s Business and Operations
Item
1.01 Entry into a Material Definitive Agreement.
On
January 20, 2006, Bankrate, Inc. (the “Company”) entered into a Lease (the
“lease”) with J.A.B. Madison Holdings, L.L.C., for approximately 8,800 square
feet of office space on the fourth floor of an office facility located at 477
Madison Avenue, New York, New York, 10022. The initial lease term is for 10
years and six months. The lease calls for initial total annual rent of
approximately $421,000 commencing six months after occupancy. This space will
replace the Company’s existing 4,500 square feet of office space at 11 East
44th
Street
in New York, New York. The Company initially paid approximately $210,000 to
be
held as a refundable security deposit which is expected to be substituted by
an
irrevocable letter of credit secured by the cash deposit.
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.
| BANKRATE, INC. | ||
| |
|
|
| Date: January 25, 2006 | By: | /s/ Robert J. DeFranco |
|
Robert J. DeFranco |
||
| Senior Vice President | ||
|
Chief
Financial Officer
|
||