<HTML>
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<TITLE>Form 8-K</TITLE>
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<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="font-size: 14pt; margin-top: 12pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B>
</DIV>

<DIV align="center" style="font-size: 12pt"><B>Washington, D.C. 20549</B>
</DIV>

<DIV align="center" style="font-size: 18pt; margin-top: 12pt"><B>FORM 8-K</B>
</DIV>

<DIV align="center" style="font-size: 12pt; margin-top: 12pt"><B>CURRENT REPORT<BR>
Pursuant to Section&nbsp;13 OR 15(d) of The Securities Exchange Act of 1934</B>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>Date
of Report (Date of earliest event reported): April 28, 2009</B></DIV>

<DIV align="center" style="font-size: 24pt; margin-top: 12pt"><B>GLOBAL CONSUMER ACQUISITION CORP.</B>
</DIV>

<DIV align="center" style="font-size: 10pt">(Exact name of registrant as specified in its charter)</DIV>

<DIV align="center">
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<TD nowrap align="center" valign="top"><B>Delaware
</B></TD>
<TD>&nbsp;</TD>
<TD align="center" valign="top"><B>001-33803
</B></TD>
<TD>&nbsp;</TD>
<TD align="center" valign="top"><B>26-0469120</B></TD>
</TR>
<TR style="font-size: 1px">
<TD valign="top" align="left" style="border-top: 1px solid #000000">&nbsp;</TD>
<TD valign="top" align="left">&nbsp;</TD>
<TD valign="top" align="left" style="border-top: 1px solid #000000">&nbsp;</TD>
<TD valign="top" align="left">&nbsp;</TD>
<TD valign="top" align="left" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
<TD align="center" valign="top">(State or other jurisdiction<BR>
of incorporation)
</TD>
<TD>&nbsp;</TD>
<TD align="center" valign="top">(Commission File Number)
</TD>
<TD>&nbsp;</TD>
<TD align="center" valign="top">(IRS Employer Identification No.)</TD>
</TR>
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</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
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<TD align="center" valign="top"><B>1370 Avenue of the Americas, 28th Floor, New <BR>
York, New York
</B></TD>
<TD>&nbsp;</TD>
<TD align="center" valign="top"><B>&nbsp;<BR>10019</B></TD>
</TR>
<TR style="font-size: 1px">
<TD valign="top" align="left" style="border-top: 1px solid #000000">&nbsp;</TD>
<TD valign="top" align="left">&nbsp;</TD>
<TD valign="top" align="left" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
<TD align="center" valign="top">(Address of principal executive offices)
</TD>
<TD>&nbsp;</TD>
<TD align="center" valign="top">(Zip Code)</TD>
</TR>
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</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt">Registrant&#146;s telephone number, including area code: <B>(212) 445-7800</B></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B></B></DIV>

<DIV align="center" style="font-size: 10pt"><FONT style="border-top: 1px solid #000000">(Former name or former address, if changed since last report.)</FONT></DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">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: </DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
<TD width="3%" nowrap align="left"><FONT face="wingdings" size="2">&#111;</FONT></TD>
<TD width="1%">&nbsp;</TD>
<TD>Written communications pursuant to Rule&nbsp;425 under the Securities Act (17 CFR 230.425)</TD>
</TR>

<TR>
<TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
<TD width="3%" nowrap align="left"><FONT face="wingdings" size="2">&#111;</FONT></TD>
<TD width="1%">&nbsp;</TD>
<TD>Soliciting material pursuant to Rule&nbsp;14a-12 under the Exchange Act (17 CFR 240.14a-12)</TD>
</TR>

<TR>
<TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
<TD width="3%" nowrap align="left"><FONT face="wingdings" size="2">&#111;</FONT></TD>
<TD width="1%">&nbsp;</TD>
<TD>Pre-commencement communications pursuant to Rule&nbsp;14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</TD>
</TR>

<TR>
<TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
<TD width="3%" nowrap align="left"><FONT face="wingdings" size="2">&#111;</FONT></TD>
<TD width="1%">&nbsp;</TD>
<TD>Pre-commencement communications pursuant to Rule&nbsp;13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</TD>
</TR>

</TABLE>
</DIV>

<DIV style="width: 100%; border-bottom: 1pt solid black; margin-top: 10pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio --><!-- /Folio --> </DIV>
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<DIV style="font-family: 'Times New Roman',Times,serif; margin-left: .25in; width: 7.20in">

<DIV align="left" style="font-size: 10pt; margin-top: 10pt"><B>ITEM 5.02. Appointment of Certain Officers; Compensatory Arrangement of Certain Officers</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 10pt"><I>Appointment of President</I>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">On April&nbsp;28, 2009, Global Consumer Acquisition Corp. (the &#147;<I>Company</I>&#148;) announced the appointment
of Daniel Silvers as the Company&#146;s President. Mr.&nbsp;Silvers is co-founder and President of Hayground
Cove Capital Partners LLC, a merchant bank focused on the real estate and consumer sectors which he
co-founded with Jason N. Ader, our Chief Executive Officer and Chairman of our Board, in March
2009. He joined Hayground Cove Capital Partners from Fortress Investment Group, a leading global
alternative asset manager, where he worked from October&nbsp;2005 to March&nbsp;2009. At Fortress, Mr.
Silvers&#146; primary focus was to originate, oversee due diligence on and asset management for gaming
and real estate investments in the Fortress Drawbridge Special Opportunities Fund. Prior to
joining Fortress, Mr.&nbsp;Silvers was a senior member of the real estate, gaming and lodging investment
banking group at Bear, Stearns &#038; Co. Inc. where he was from July&nbsp;1999 to October&nbsp;2005. In this
role, Mr.&nbsp;Silvers was integrally involved in all aspects of the firm&#146;s gaming and hospitality
industry investment banking practice, including origination, analysis and transaction execution.
Mr.&nbsp;Silvers holds a B.S in Economics and an M.B.A. in Finance from The Wharton School of Business
at the University of Pennsylvania.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">In consideration of his service as President of the Company, the Company has agreed to grant
Mr.&nbsp;Silvers 50,000 restricted stock units (the &#147;<I>Restricted Stock Units</I>&#148;) with respect to shares of
the Company&#146;s common stock, subject to stockholder approval and certain additional terms and
conditions contained in his officer letter. The Company has agreed to submit the Restricted Stock
Units to a vote of its stockholders in connection with the solicitation of proxies or consents from
its stockholders to approve a Business Combination (as defined in the Company&#146;s Amended and
Restated Certificate of Incorporation). Subject to stockholder approval, the Restricted Stock
Units shall fully vest on the date (the &#147;<I>Vesting Date</I>&#148;) on the closing date of a Business
Combination (as defined in the Company&#146;s Amended and Restated Certificate of Incorporation).
Settlement of vested Restricted Stock Units will occur on the date that is 180 calendar days after
the Vesting Date. Restricted Stock Units will be settled by delivery of one share of the Company&#146;s
common stock for each Restricted Stock Unit settled. Such Restricted Stock Units shall be subject
to a lock-up period that will commence on the date of the agreement granting such Restricted Stock
Units and will continue for a period of 180 calendar days after the closing date of a Business
Combination.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">The Company has also entered into an indemnification agreement with Mr.&nbsp;Silvers, substantially
in the form of the indemnification agreement filed by the Company on September&nbsp;6, 2007 as Exhibit
10.10 to the Registration Statement on Form S-1. The indemnification agreement provides contractual
indemnification to Mr.&nbsp;Silvers in addition to the indemnification provided in the Company&#146;s Amended
and Restated Certificate of Incorporation and Bylaws.
</DIV>
<P align="center" style="font-size: 10pt; text-indent: 4%">&nbsp;

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif; margin-left: .25in; width: 7.20in">

<DIV align="left" style="font-size: 10pt; margin-top: 10pt"><B>Forward-Looking Statements</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">This report, and the information incorporated by reference in it, includes &#147;forward-looking
statements&#148; within the meaning of Section&nbsp;27A of the Securities Act of 1933, as amended, and
Section&nbsp;21E of the Securities Exchange Act of 1934, as amended (the &#147;Exchange Act&#148;). Our
forward-looking statements include, but are not limited to, statements regarding our expectations,
hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that
refer to projections, forecasts or other characterizations of future events or circumstances,
including any underlying assumptions, are forward-looking statements. The words &#147;anticipates,&#148;
&#147;believe,&#148; &#147;continue,&#148; &#147;could,&#148; &#147;estimate,&#148; &#147;expect,&#148; &#147;intend,&#148; &#147;may,&#148; &#147;might,&#148; &#147;plan,&#148; &#147;possible,&#148;
&#147;potential,&#148; &#147;predict,&#148; &#147;project,&#148; &#147;should,&#148; &#147;would&#148; and similar expressions may identify
forward-looking statements, but the absence of these words does not mean that a statement is not
forward-looking.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">The forward-looking statements contained or incorporated by reference in this report are based
on our current expectations and beliefs concerning future developments and their potential effects
on us and speak only as of the date of such statement. There can be no assurance that future
developments affecting us will be those that we have anticipated. These forward-looking statements
involve a number of risks, uncertainties (some of which are beyond our control) or other
assumptions that may cause actual results or performance to be materially different from those
expressed or implied by these forward-looking statements. These risks and uncertainties include,
but are not limited to, those factors described under the heading &#147;Risk Factors&#148; filed in our
Annual Report on Form 10-K for the year ended December&nbsp;31, 2008. Should one or more of these risks
or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may
vary in material respects from those projected in these forward-looking statements. We undertake no
obligation to update or revise any forward-looking statements, whether as a result of new
information, future events or otherwise, except as may be required under applicable securities
laws.
</DIV>
<P align="center" style="font-size: 10pt; text-indent: 4%">&nbsp;

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif; margin-left: .25in; width: 7.20in">

<DIV align="left" style="font-size: 10pt; margin-top: 10pt"><B>ITEM 9.01. Financial Statements and Exhibits.</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 10pt; text-indent: 0%">(d)&nbsp;Exhibits
</div>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head --><TR valign="bottom">
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="77%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="padding-top: 1px">
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">10.10</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Form of Indemnification Agreement between the Company and each of
the directors and officers of the Company (incorporated by
reference to Exhibit&nbsp;10.10 to Amendment No.&nbsp;1 to the Form&nbsp;S-1, File
No.&nbsp;<font style="white-space: nowrap">333-144799,</font> filed by the Company with the Securities and
Exchange Commission on September&nbsp;6, 2007)</DIV></TD>
</TR>
<TR valign="bottom" style="padding-top: 1px"><!-- Blank Space -->
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom" style="padding-top: 1px">
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">10.12</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>

<TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Officer
Letter between Daniel Silvers and the Company</DIV></TD>
</TR>
<TR valign="bottom" style="padding-top: 1px"><!-- Blank Space -->
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
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</DIV>

<P align="center" style="font-size: 10pt">&nbsp;

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif; margin-left: .25in; width: 7.20in">

<DIV align="center" style="font-size: 10pt; margin-top: 10pt"><B>SIGNATURES</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 10pt; text-indent: 4%">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.
</DIV>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left"><B>GLOBAL CONSUMER ACQUISITION CORP.</B><BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">Date: April 28, 2009&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">
/s/ Jason N. Ader
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Name:&nbsp;&nbsp;</TD>
    <TD align="left">Jason N. Ader&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Title:&nbsp;&nbsp;</TD>
    <TD align="left">Chief Executive Officer&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
</TABLE>

<P align="center" style="font-size: 10pt">&nbsp;

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
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<DIV style="font-family: 'Times New Roman',Times,serif; margin-left: .25in; width: 7.20in">

<DIV align="center" style="font-size: 10pt; margin-top: 10pt"><B>EXHIBIT INDEX</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head --><TR valign="bottom">
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="77%">&nbsp;</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">
    <TD nowrap align="center" colspan="3"><B>Exhibit</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>No.</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" style="border-bottom: 1px solid #000000"><B>Description</B></TD>
</TR>

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<TR valign="bottom"><!-- Blank Space -->
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom" style="padding-top: 1px">
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">10.10</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Form of Indemnification Agreement between the Company and each of
the directors and officers of the Company (incorporated by
reference to Exhibit&nbsp;10.10 to Amendment No.&nbsp;1 to the Form&nbsp;S-1,
File No.&nbsp;333-144799, filed by the Company with the Securities and
Exchange Commission on September&nbsp;6, 2007)</DIV></TD>
</TR>
<TR valign="bottom" style="padding-top: 1px"><!-- Blank Space -->
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom" style="padding-top: 1px">
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">10.12</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>

<TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Officer
Letter between Daniel Silvers and the Company</DIV></TD>
</TR>
<TR valign="bottom" style="padding-top: 1px"><!-- Blank Space -->
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
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</DIV>

<P align="center" style="font-size: 10pt">&nbsp;

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

</BODY>
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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): April 28, 2009
GLOBAL CONSUMER ACQUISITION CORP.
(Exact name of registrant as specified in its charter)
Delaware
001-33803
26-0469120
(State or other jurisdiction
of incorporation)
(Commission File Number)
(IRS Employer Identification No.)
1370 Avenue of the Americas, 28th Floor, New
York, New York
10019
(Address of principal executive offices)
(Zip Code)
Registrant's telephone number, including area code:
(212) 445-7800
(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))
ITEM 5.02. Appointment of Certain Officers; Compensatory Arrangement of Certain Officers
Appointment of President
On April 28, 2009, Global Consumer Acquisition Corp. (the "
Company
") announced the appointment
of Daniel Silvers as the Company's President. Mr. Silvers is co-founder and President of Hayground
Cove Capital Partners LLC, a merchant bank focused on the real estate and consumer sectors which he
co-founded with Jason N. Ader, our Chief Executive Officer and Chairman of our Board, in March
2009. He joined Hayground Cove Capital Partners from Fortress Investment Group, a leading global
alternative asset manager, where he worked from October 2005 to March 2009. At Fortress, Mr.
Silvers' primary focus was to originate, oversee due diligence on and asset management for gaming
and real estate investments in the Fortress Drawbridge Special Opportunities Fund. Prior to
joining Fortress, Mr. Silvers was a senior member of the real estate, gaming and lodging investment
banking group at Bear, Stearns & Co. Inc. where he was from July 1999 to October 2005. In this
role, Mr. Silvers was integrally involved in all aspects of the firm's gaming and hospitality
industry investment banking practice, including origination, analysis and transaction execution.
Mr. Silvers holds a B.S in Economics and an M.B.A. in Finance from The Wharton School of Business
at the University of Pennsylvania.
In consideration of his service as President of the Company, the Company has agreed to grant
Mr. Silvers 50,000 restricted stock units (the "
Restricted Stock Units
") with respect to shares of
the Company's common stock, subject to stockholder approval and certain additional terms and
conditions contained in his officer letter. The Company has agreed to submit the Restricted Stock
Units to a vote of its stockholders in connection with the solicitation of proxies or consents from
its stockholders to approve a Business Combination (as defined in the Company's Amended and
Restated Certificate of Incorporation). Subject to stockholder approval, the Restricted Stock
Units shall fully vest on the date (the "
Vesting Date
") on the closing date of a Business
Combination (as defined in the Company's Amended and Restated Certificate of Incorporation).
Settlement of vested Restricted Stock Units will occur on the date that is 180 calendar days after
the Vesting Date. Restricted Stock Units will be settled by delivery of one share of the Company's
common stock for each Restricted Stock Unit settled. Such Restricted Stock Units shall be subject
to a lock-up period that will commence on the date of the agreement granting such Restricted Stock
Units and will continue for a period of 180 calendar days after the closing date of a Business
Combination.
The Company has also entered into an indemnification agreement with Mr. Silvers, substantially
in the form of the indemnification agreement filed by the Company on September 6, 2007 as Exhibit
10.10 to the Registration Statement on Form S-1. The indemnification agreement provides contractual
indemnification to Mr. Silvers in addition to the indemnification provided in the Company's Amended
and Restated Certificate of Incorporation and Bylaws.
Forward-Looking Statements
This report, and the information incorporated by reference in it, includes "forward-looking
statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Our
forward-looking statements include, but are not limited to, statements regarding our expectations,
hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that
refer to projections, forecasts or other characterizations of future events or circumstances,
including any underlying assumptions, are forward-looking statements. The words "anticipates,"
"believe," "continue," "could," "estimate," "expect," "intend," "may," "might," "plan," "possible,"
"potential," "predict," "project," "should," "would" and similar expressions may identify
forward-looking statements, but the absence of these words does not mean that a statement is not
forward-looking.
The forward-looking statements contained or incorporated by reference in this report are based
on our current expectations and beliefs concerning future developments and their potential effects
on us and speak only as of the date of such statement. There can be no assurance that future
developments affecting us will be those that we have anticipated. These forward-looking statements
involve a number of risks, uncertainties (some of which are beyond our control) or other
assumptions that may cause actual results or performance to be materially different from those
expressed or implied by these forward-looking statements. These risks and uncertainties include,
but are not limited to, those factors described under the heading "Risk Factors" filed in our
Annual Report on Form 10-K for the year ended December 31, 2008. Should one or more of these risks
or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may
vary in material respects from those projected in these forward-looking statements. We undertake no
obligation to update or revise any forward-looking statements, whether as a result of new
information, future events or otherwise, except as may be required under applicable securities
laws.
ITEM 9.01. Financial Statements and Exhibits.
(d) Exhibits
10.10
Form of Indemnification Agreement between the Company and each of
the directors and officers of the Company (incorporated by
reference to Exhibit 10.10 to Amendment No. 1 to the Form S-1, File
No.
333-144799,
filed by the Company with the Securities and
Exchange Commission on September 6, 2007)
10.12
Officer
Letter between Daniel Silvers and the Company
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.
GLOBAL CONSUMER ACQUISITION CORP.
Date: April 28, 2009
By:
/s/ Jason N. Ader
Name:
Jason N. Ader
Title:
Chief Executive Officer
EXHIBIT INDEX
Exhibit
No.
Description
10.10
Form of Indemnification Agreement between the Company and each of
the directors and officers of the Company (incorporated by
reference to Exhibit 10.10 to Amendment No. 1 to the Form S-1,
File No. 333-144799, filed by the Company with the Securities and
Exchange Commission on September 6, 2007)
10.12
Officer
Letter between Daniel Silvers and the Company