- Current report filing (8-K)
September 07 2010 - 2:23PM
Edgar (US Regulatory)
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):
September 3,
2010
WEGENER
CORPORATION
(Exact
name of registrant as specified in its charter)
Delaware
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0-11003
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81-0371341
|
(State
or other jurisdiction of incorporation)
|
(Commission
file number)
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(I.R.S.
Employer Identification No.)
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11350 Technology Circle,
Johns Creek, Georgia 30097
(Address
of principal executive offices, including zip code)
(770)
623-0096
(Registrant’s
telephone number, including area code)
N/A
(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):
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
8.01 Other Events.
Fourteenth Amendment to
revolving line of credit and term
loan facility
On
September 3, 2010, Wegener Communications, Inc., a Georgia corporation and The
David E. Chymiak Trust Dated December 15, 1999 entered into a Fourteenth
Amendment (the “Fourteenth Amendment”), to a certain Loan and Security Agreement
dated June 5, 1996. The Fourteenth Amendment increased the maximum available
credit limit to Four Million two hundred fifty thousand and No/100s Dollars
($4,250,000.00) (previously $4,000,000) and decreased the annual interest rate
to Eight percent (8.00%) (previously12.00%).
Item
9.01 Financial Statements and Exhibits
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4.1
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Loan
and Security Agreement – Fourteenth Amendment dated September 3,
2010, by and between Wegener Communications, Inc. and The David
E. Chymiak Trust Dated December 15, 1999, as assignee of the Bank of
America, N.A., successor interest by merger to LaSalle Bank National
Association, respecting $4,250,000 Loan and Security
Agreement.
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SIGNATURES
Pursuant
to the requirements of the Securities and Exchange Act of 1934, as amended, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
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Wegener
Corporation
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|
|
|
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Date: September
7, 2010
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By:
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/s/ C.
Troy Woodbury, Jr
.
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C.
Troy Woodbury, Jr.
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Chief
Executive Officer
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Exhibit
Index
Exhibit
Number
4.1
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Loan
and Security Agreement – Fourteenth Amendment dated September 3,
2010, by and between Wegener Communications, Inc. and The David
E. Chymiak Trust Dated December 15, 1999, as assignee of the Bank of
America, N.A., successor interest by merger to LaSalle Bank National
Association, respecting $4,250,000 Loan and Security
Agreement.
|
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