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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
WASHINGTON, D.C. 20549</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">FORM 8-K<BR>
<BR>
CURRENT REPORT<BR>
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934<BR>
<BR>
<FONT STYLE="font-size: 10pt">Date of Report (Date of earliest event reported): August 14, 2012</FONT></P>

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    <TD STYLE="border-bottom: black 1pt solid; padding-top: 0.75pt; padding-right: 0.75pt; padding-bottom: 3.75pt; font-size: 10pt; text-align: center">Mandalay Digital Group, Inc.</TD></TR>
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    <TD STYLE="font-size: 10pt; text-align: center">(Exact Name of Registrant as Specified in Charter)</TD></TR>
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    <TD STYLE="width: 35%; border-bottom: black 1pt solid; font-size: 10pt; text-align: center">Delaware</TD>
    <TD NOWRAP STYLE="width: 30%; border-bottom: black 1pt solid; font-size: 10pt; text-align: center">000-10039</TD>
    <TD NOWRAP STYLE="width: 35%; border-bottom: black 1pt solid; font-size: 10pt; text-align: center">22-2267658</TD></TR>
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        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(State or Other Jurisdiction</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">of Incorporation)</P></TD>
    <TD STYLE="padding-top: 0.75pt; padding-right: 0.75pt; padding-bottom: 0.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Commission</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">File Number)</P></TD>
    <TD STYLE="padding-top: 0.75pt; padding-right: 0.75pt; padding-bottom: 0.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(IRS Employer</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Identification No.)</P></TD></TR>
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    <TD STYLE="font-size: 10pt; text-align: center">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: center">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: center">&nbsp;</TD></TR>
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        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">4751 Wilshire Boulevard, Third Floor</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Los Angeles, CA</P></TD>
    <TD NOWRAP STYLE="width: 35%; border-bottom: black 1pt solid; font-size: 10pt; text-align: center">90010</TD></TR>
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    <TD STYLE="padding-top: 0.75pt; padding-right: 0.75pt; padding-bottom: 0.75pt; font-size: 10pt; text-align: center">(Address of Principal Executive Offices)</TD>
    <TD STYLE="padding-top: 0.75pt; padding-right: 0.75pt; padding-bottom: 0.75pt; font-size: 10pt; text-align: center">(Zip Code)</TD></TR>
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Registrant&rsquo;s telephone number, including area code: (310)&nbsp;601-2500</P>

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    <TD STYLE="padding-top: 0.75pt; padding-right: 0.75pt; padding-bottom: 3.75pt; font-size: 10pt; text-align: center">(Former Name or Former Address, if Changed Since Last Report)</TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 11.25pt">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
(<I>see</I> General Instruction A.2. below):</P>

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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</P>

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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 11.25pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><FONT STYLE="font-family: Wingdings">&#168;</FONT></FONT>
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</P>

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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 11.25pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 1.01.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Entry into a Material Definitive Agreement.</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">On August 14, 2012, Mandalay Digital Group,
Inc., a Delaware corporation (the &ldquo;<U>Company</U>&rdquo;), entered into a Share Purchase Agreement (the &ldquo;<U>Purchase
Agreement</U>&rdquo;) to acquire subsidiaries and assets of Logia Group, Ltd. (&ldquo;<U>Logia</U>&rdquo;), a leading mobile content
development and management solutions provider of innovative mobile monetization solutions. As a part of the transaction, the Company,
through an acquisition entity, will acquire all of the capital stock of three operating subsidiaries of Logia (Logia Content Development
and Management Ltd., Volas Entertainment Ltd. and Mail Bit Logia (2008) Ltd. (collectively, the &ldquo;<U>Targets</U>&rdquo;)).
In addition, the Company will, by assignment to an acquisition entity, acquire from S.M.B.P. IGLOO Ltd. (an affiliate of Logia)
(&ldquo;<U>Igloo</U>&rdquo;) the assets comprising the &ldquo;LogiaDeck&rdquo; software, and certain operator and other contracts
related to the business of the Targets that were entered into by Logia.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Company has set up an Israeli acquisition/holding
company, &ldquo;MDG Logia Holdings LTD&rdquo; to acquire the Targets and the LogiaDeck assets, which will be capitalized through
a combination of intercompany debt and equity.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The purchase consideration for the transaction
will be comprised of cash and common stock of the Company and two tranches of &ldquo;earn out&rdquo; payments of cash and stock,
as follows: (1) At closing<U> </U>$3,750,000 in cash (subject to working capital adjustments) and a number of shares of Company
common stock having a value of $750,000 (based on a 30 day volume weighted average price (VWAP) look back from the issuance date)
(the &ldquo;<U>Closing Shares</U>&rdquo;) will be paid and issued, as applicable, to Logia and Igloo; and (2) Two tranches, each
comprised of a cash payment of $250,000 and a number of shares of Company common stock valued at $250,000 (based on a 30 day VWAP
look back from the issuance date) (the &ldquo;<U>Earn Out Shares</U>&rdquo;), will be paid and issued, as applicable, to Logia
upon satisfaction of various milestones, and subject to the terms and conditions, as set forth in the Purchase Agreement, totaling
up to a number of shares of common stock having a value of $500,000 (valued as described) and $500,000 of cash if all milestones
are achieved.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">All of the stock of the Company will be
issued in a private offering under Section 4(2) of the Securities Act of 1933 or Regulation D or Regulation S thereunder, and will
be subject to a 12 month lock-up. In addition, all of the stock of the Company that is issued will be subject to a Registration
Rights Agreement that provides for piggy back rights for 3 years and inclusion on the Company&rsquo;s currently existing registration
statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The transaction is expected to close in
September 2012 and is subject to various closing conditions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><I>The foregoing description of the Purchase
Agreement and Registration Rights Agreement does not purport to be complete and is qualified in its entirety by reference to the
Purchase Agreement and the Registration Rights Agreement, copies of which shall be attached as exhibits to the Company&rsquo;s
Quarterly Report on Form 10-Q for the quarter ended September 30, 2012 and, when filed, shall be incorporated into this Item&nbsp;1.01
by reference.</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>ITEM 8.01&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; OTHER EVENTS</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">On August 14, 2012, we issued a press release
announcing the entry into the Purchase Agreement.&nbsp;&nbsp;A copy of the press release is appended hereto as <U>Exhibit 99.1</U>
and is incorporated herein by reference.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>ITEM 9.01&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FINANCIAL STATEMENTS
AND EXHIBITS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt">&nbsp;</P>

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<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">(d)</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt"><U>Exhibits</U>.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; font-weight: bold; width: 6%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; font-weight: bold; width: 6%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; font-weight: bold; width: 88%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">99.1</TD>
    <TD STYLE="font-size: 10pt">Press release.</TD></TR>
</TABLE>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">SIGNATURE</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 11.25pt">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.</P>

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<TR>
    <TD STYLE="padding: 0.75pt 0.75pt 3.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt 0.75pt 3.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top">MANDALAY DIGITAL GROUP, INC.</TD></TR>
<TR>
    <TD STYLE="padding: 0.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding: 0.75pt">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-top: 0.75pt; padding-right: 0.75pt; padding-bottom: 0.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding: 0.75pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 0.75pt; padding-right: 0.75pt; padding-bottom: 0.75pt">Date:</TD>
    <TD STYLE="padding-top: 0.75pt; padding-right: 0.75pt; padding-bottom: 0.75pt">August 20, 2012</TD>
    <TD STYLE="padding-top: 0.75pt; padding-right: 0.75pt; padding-bottom: 0.75pt">By:</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid">/s/&nbsp;&nbsp;PETER ADDERTON</TD></TR>
<TR>
    <TD STYLE="width: 5%; padding: 0.75pt">&nbsp;</TD>
    <TD STYLE="width: 45%; padding: 0.75pt">&nbsp;</TD>
    <TD STYLE="width: 5%; padding: 0.75pt">&nbsp;</TD>
    <TD STYLE="width: 6%; vertical-align: top; padding-top: 0.75pt; padding-right: 0.75pt; padding-bottom: 0.75pt">Name:</TD>
    <TD STYLE="width: 39%; vertical-align: top">Peter Adderton</TD></TR>
<TR>
    <TD STYLE="padding: 0.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt">&nbsp;</TD>
    <TD STYLE="padding: 0.75pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-top: 0.75pt; padding-right: 0.75pt; padding-bottom: 0.75pt">Title:</TD>
    <TD STYLE="vertical-align: top">Chief Executive Officer</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">EXHIBIT INDEX</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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<TR STYLE="vertical-align: top">
    <TD STYLE="width: 12%"><U>Exhibit No</U>.</TD>
    <TD STYLE="width: 88%"><U>Description</U></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">99.1</TD>
    <TD>Press Release.</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>



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{"company-data": {"conformed-name": "Mandalay Digital Group, Inc.", "cik": "0000317788", "assigned-sic": "6794", "irs-number": "222267658", "state-of-incorporation": "DE", "fiscal-year-end": "0331"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-10039", "film-number": "121045487"}, "business-address": {"street1": "4751 WILSHIRE BOULEVARD", "street2": "THIRD FLOOR", "city": "LOS ANGELES,", "state": "CA", "zip": "90010", "phone": "(310) 601-2500"}, "mail-address": {"street1": "4751 WILSHIRE BOULEVARD", "street2": "THIRD FLOOR", "city": "LOS ANGELES,", "state": "CA", "zip": "90010"}, "former-company": [{"former-conformed-name": "NeuMedia, Inc.", "date-changed": "20100514"}, {"former-conformed-name": "Mandalay Media, Inc.", "date-changed": "20071109"}, {"former-conformed-name": "Mediavest, Inc.", "date-changed": "20050809"}]}
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): August 14, 2012
Mandalay Digital Group, Inc.
(Exact Name of Registrant as Specified in Charter)
Delaware
000-10039
22-2267658
(State or Other Jurisdiction
of Incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
4751 Wilshire Boulevard, Third Floor
Los Angeles, CA
90010
(Address of Principal Executive Offices)
(Zip Code)
Registrant's telephone number, including area code: (310) 601-2500
(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)
¨
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 1.01.	      Entry into a Material Definitive Agreement.
On August 14, 2012, Mandalay Digital Group,
Inc., a Delaware corporation (the "
Company
"), entered into a Share Purchase Agreement (the "
Purchase
Agreement
") to acquire subsidiaries and assets of Logia Group, Ltd. ("
Logia
"), a leading mobile content
development and management solutions provider of innovative mobile monetization solutions. As a part of the transaction, the Company,
through an acquisition entity, will acquire all of the capital stock of three operating subsidiaries of Logia (Logia Content Development
and Management Ltd., Volas Entertainment Ltd. and Mail Bit Logia (2008) Ltd. (collectively, the "
Targets
")).
In addition, the Company will, by assignment to an acquisition entity, acquire from S.M.B.P. IGLOO Ltd. (an affiliate of Logia)
("
Igloo
") the assets comprising the "LogiaDeck" software, and certain operator and other contracts
related to the business of the Targets that were entered into by Logia.
The Company has set up an Israeli acquisition/holding
company, "MDG Logia Holdings LTD" to acquire the Targets and the LogiaDeck assets, which will be capitalized through
a combination of intercompany debt and equity.
The purchase consideration for the transaction
will be comprised of cash and common stock of the Company and two tranches of "earn out" payments of cash and stock,
as follows: (1) At closing
$3,750,000 in cash (subject to working capital adjustments) and a number of shares of Company
common stock having a value of $750,000 (based on a 30 day volume weighted average price (VWAP) look back from the issuance date)
(the "
Closing Shares
") will be paid and issued, as applicable, to Logia and Igloo; and (2) Two tranches, each
comprised of a cash payment of $250,000 and a number of shares of Company common stock valued at $250,000 (based on a 30 day VWAP
look back from the issuance date) (the "
Earn Out Shares
"), will be paid and issued, as applicable, to Logia
upon satisfaction of various milestones, and subject to the terms and conditions, as set forth in the Purchase Agreement, totaling
up to a number of shares of common stock having a value of $500,000 (valued as described) and $500,000 of cash if all milestones
are achieved.
All of the stock of the Company will be
issued in a private offering under Section 4(2) of the Securities Act of 1933 or Regulation D or Regulation S thereunder, and will
be subject to a 12 month lock-up. In addition, all of the stock of the Company that is issued will be subject to a Registration
Rights Agreement that provides for piggy back rights for 3 years and inclusion on the Company's currently existing registration
statement.
The transaction is expected to close in
September 2012 and is subject to various closing conditions.
The foregoing description of the Purchase
Agreement and Registration Rights Agreement does not purport to be complete and is qualified in its entirety by reference to the
Purchase Agreement and the Registration Rights Agreement, copies of which shall be attached as exhibits to the Company's
Quarterly Report on Form 10-Q for the quarter ended September 30, 2012 and, when filed, shall be incorporated into this Item 1.01
by reference.
ITEM 8.01       OTHER EVENTS
On August 14, 2012, we issued a press release
announcing the entry into the Purchase Agreement.  A copy of the press release is appended hereto as
Exhibit 99.1
and is incorporated herein by reference.
ITEM 9.01       FINANCIAL STATEMENTS
AND EXHIBITS
(d)
Exhibits
.
99.1
Press release.
SIGNATURE
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.
MANDALAY DIGITAL GROUP, INC.
Date:
August 20, 2012
By:
/s/  PETER ADDERTON
Name:
Peter Adderton
Title:
Chief Executive Officer
EXHIBIT INDEX
Exhibit No
.
Description
99.1
Press Release.