-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, BW/vBfQkqvlnatXAMkM2aF79bO/zQpHDgSbwkLXdI7i+qYjMpzXc81tdaVKmBesA ISOMOsF4IXy9RNRy35XCdA== 0001193125-09-134540.txt : 20090622 0001193125-09-134540.hdr.sgml : 20090622 20090622094309 ACCESSION NUMBER: 0001193125-09-134540 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20090619 ITEM INFORMATION: Entry into a Material Definitive Agreement FILED AS OF DATE: 20090622 DATE AS OF CHANGE: 20090622 FILER: COMPANY DATA: COMPANY CONFORMED NAME: American Electric Technologies Inc CENTRAL INDEX KEY: 0001043186 STANDARD INDUSTRIAL CLASSIFICATION: SHEET METAL WORK [3444] IRS NUMBER: 593410234 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-24575 FILM NUMBER: 09902528 BUSINESS ADDRESS: STREET 1: 6410 LONG DRIVE CITY: HOUSTON STATE: TX ZIP: 77087 BUSINESS PHONE: 713-644-8182 MAIL ADDRESS: STREET 1: 6410 LONG DRIVE CITY: HOUSTON STATE: TX ZIP: 77087 FORMER COMPANY: FORMER CONFORMED NAME: AMERICAN ACCESS TECHNOLOGIES INC DATE OF NAME CHANGE: 19971117 8-K 1 d8k.htm FORM 8K Form 8K

 

 

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) June 19, 2009

 

 

AMERICAN ELECTRIC TECHNOLOGIES, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Florida   000-24575   59-3410234

(State or other jurisdiction

of incorporation)

  (Commission File Number)  

(IRS Employer

Identification No.)

 

6410 Long Drive, Houston, TX   77087
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code 713-644-8182

 

 

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 June 19, 2009, the registrant executed the second amendment to its revolving credit agreement with JPMorgan Chase Bank, N.A. effective June 30, 2009, which contains the following revisions:

-the maturity date of any loans under the agreement has been extended one additional year until July 1, 2011;

-LIBOR rate advances will bear interest at an annual rate of 30 day LIBOR plus 2.25%;

-the commitment fee on the unused line will equal 0.30%; and

-the definitions for purposes of calculating the total liabilities to tangible net worth ratio were modified as well as the ratio itself. Such changes are not materially more restrictive than the existing ratio.


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.

 

    AMERICAN ELECTRIC TECHNOLOGIES, INC.
   

(Registrant)

Date: June 22, 2009      
    By:  

/s/ John H. Untereker

      John H. Untereker
      Senior Vice President, CFO and Secretary
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