September 28, 2016 1:15 AM ET

Leisure Products

Company Overview of LeapFrog Enterprises Inc.

Company Overview

LeapFrog Enterprises, Inc. designs, develops, and markets technology-based learning products and related proprietary content for children worldwide. It operates through United States and International segments. The company offers multimedia learning platform products, including LeapReader learning tablet systems for children ages three to nine with camera, and on-board content and utilities; the Leapster family of handheld learning game systems for children ages four to nine; LeapReader reading and writing system, a stylus-based learn-to-read-and-write product, designed for children ages four to eight; and the LeapReader Junior reading system, a ready-to read system for children ages one to ...

6401 Hollis Street

Suite 100

Emeryville, CA 94608

United States

Founded in 1995

524 Employees

Phone:

510-420-5000

Key Executives for LeapFrog Enterprises Inc.

Chief Executive Officer and Director
Age: 64
President and Director
Age: 60
Senior Vice President and General Counsel
Senior Vice President of Content Strategy and Marketing
Age: 59
Vice President of Sales
Compensation as of Fiscal Year 2016.

LeapFrog Enterprises Inc. Key Developments

LeapFrog Enterprises Inc.(NYSE:LF) dropped from S&P TMI Index

LeapFrog Enterprises Inc.(NYSE:LF) dropped from S&P TMI Index

LeapFrog Enterprises, Inc. Terminates the Amended and Restated Loan and Security Agreement; Announces Management Changes

On April 1, 2016, LeapFrog Enterprises Inc. terminated the Amended and Restated Loan and Security Agreement, dated as o August 13, 2009, by and among the Company, as borrower, the lenders party thereto, and Bank of America, N.A., as agent. In connection with the termination of the Credit Facility, the Company repaid in full the Company's obligations under the Credit Facility. As previously disclosed, on February 5, 2016, LeapFrog Enterprises Inc. entered into an Agreement and Plan of Merger with VTech Holdings Limited. In accordance with the terms of the Merger Agreement and in connection with the consummation of the transactions contemplated thereby, each of John Barbour, William Chiasson, Thomas Kalinske, E. Stanton McKee, Jr., Randy Rissman, Caden Wang and Stephen Youngwood, tendered their respective resignations as directors from the Company's board of directors and from all committees of the Board on which such directors served, effective as of the Effective Time. Furthermore, in connection with the consummation of the Merger, John Barbour, the Company's Chief Executive Officer, and Raymond L. Arthur, the Company's Chief Financial Officers, ceased to serve as officers as of the Effective Time, as well as the following named executive officers; Kenneth Adams, Greg Ahearn and Anthony Hicks. In accordance with the terms of the Merger Agreement, Parent has designated and the Company has elected Nick Delany and William To serve as directors on the Board. Nick Delany and William To will serve as Chief Executive Officer and President, respectively.

LeapFrog Enterprises Inc.(NYSE:LF) dropped from CRSP US Total Market Index

LeapFrog Enterprises Inc.(NYSE:LF) dropped from CRSP US Total Market Index

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
February 5, 2016
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