-----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, N2zACiTLiSy9ZB+ud1T2QUoexYiL8CcpTu5dm9weRQg2WMnH9nfLPa9D4p1BmhAi qIWh5QF/wh8YnvjPMpRqJA== 0001181431-06-023923.txt : 20060417 0001181431-06-023923.hdr.sgml : 20060417 20060417161016 ACCESSION NUMBER: 0001181431-06-023923 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20060412 ITEM INFORMATION: Termination of a Material Definitive Agreement ITEM INFORMATION: Material Modifications to Rights of Security Holders ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20060417 DATE AS OF CHANGE: 20060417 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OGLEBAY NORTON CO /OHIO/ CENTRAL INDEX KEY: 0001129981 STANDARD INDUSTRIAL CLASSIFICATION: MINING, QUARRYING OF NONMETALLIC MINERALS (NO FUELS) [1400] IRS NUMBER: 341888342 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-53534 FILM NUMBER: 06762478 BUSINESS ADDRESS: STREET 1: 1001 LAKESIDE AVENUE - 15TH FLOOR CITY: CLEVELAND STATE: OH ZIP: 44114 BUSINESS PHONE: 2168613300 MAIL ADDRESS: STREET 1: 1001 LAKESIDE AVENUE - 15TH FLOOR CITY: CLEVELAND STATE: OH ZIP: 44114 FORMER COMPANY: FORMER CONFORMED NAME: ON MINERALS CO INC DATE OF NAME CHANGE: 20001214 8-K 1 rrd114408.htm DEREGISTRATION & POSTPONEMENT OF 2006 ANNUAL MEETING Prepared By R.R. Donnelley Financial -- 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):  04/12/2006
 
Oglebay Norton Company
(Exact name of registrant as specified in its charter)
 
Commission File Number:  000-32665
 
Ohio
  
34-1888342
(State or other jurisdiction of
  
(IRS Employer
incorporation)
  
Identification No.)
 
North Point Tower
1001 Lakeside Avenue - 15th Floor
Cleveland, OH 44114
(Address of principal executive offices, including zip code)
 
216-861-3300
(Registrant’s telephone number, including area code)
 
(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:
[  ]   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))
 

Information to be included in the report

 
Item 1.02.    Termination of a Material Definitive Agreement
 
On April 12, 2006, Oglebay Norton Company, an Ohio corporation (the "Company"), announced that it had obtained the requisite two-thirds consent to terminate, and effective April 12, 2006 had terminated, the Registration Rights Agreement, dated January 31, 2005, between the Company and certain Subscribers of the Company's Series A Convertible Preferred Stock, par value $0.01 per share (the "convertible preferred stock"), including the Company's Chairman of the Board of Directors and certain entities controlled by him. The Subscribers had acquired shares of the convertible preferred stock pursuant to a commitment agreement, dated as of February 23, 2004, and as amended on June 29, 2004, November 15, 2004, November 23, 2004 and December 20, 2004.

As a result of the termination of the Registration Rights Agreement, the Company is no longer contractually obligated to maintain the effectiveness of its registration statement on Form S-1 covering certain resales of its common stock and convertible preferred stock (the "registration statement"). The Company therefore filed, on April 17, 2006, a post-effective amendment to the registration statement to deregister the common stock and convertible preferred stock covered by such registration statement.

On April 17, 2006, the Company filed a Form 15 with the United States Securities and Exchange Commission (the "Commission") to deregister its common stock, par value $0.01 per share (the "common stock"), and its convertible preferred stock, and suspend its reporting obligations under the Securities Exchange Act of 1934.

The Company anticipates continuing to produce quarterly and annual financial statements for all of its shareholders.

 
 
Item 3.03.    Material Modifications to Rights of Security Holders
 
Information required by this Item is provided in response to Item 1.02 above.
 
 
Item 8.01.    Other Events
 
On April 17, 2006, the Company issued a press release announcing that it had terminated the Registration Rights Agreement, filed a Form 15 with the Commission, and postponed its 2006 Annual Meeting of Shareholders, which was scheduled to be held on May 4, 2006.

A copy of the press release is attached hereto and incorporated herein as Exhibit 99.1.

 
 
Item 9.01.    Financial Statements and Exhibits
 
(d)        Exhibits.

Exhibit No.        Description of Exhibit

99.1                Oglebay Norton Company Press Release dated April 17, 2006.
 

 

Signature(s)
 
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.
 
      
 
Oglebay Norton Company
 
 
Date: April 17, 2006
     
By:
 
/s/    Rochelle F. Walk
               
Rochelle F. Walk
               
Vice President, General Counsel and Secretary
 
 

 

Exhibit Index
 
Exhibit No.
  
Description
EX-99.1
  
Oglebay Norton Company Press Release dated April 17, 2006.
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FOR IMMEDIATE RELEASE

CONTACT:

Rochelle F. Walk

Vice President, General Counsel & Secretary

(216) 861-8734

 

Oglebay Norton COMPANY FILES to DEREGISTER its SECURITIES

and postpones its annual meeting of shareholders

 

CLEVELAND, April 17, 2006 - Oglebay Norton Company (OTCBB: OGBY) announced today that, consistent with the Company's March 13, 2006 announcement regarding its intent to deregister its common and preferred stock and suspend its reporting obligations under the Securities Exchange Act of 1934, the Company filed a Form 15 with the United States Securities and Exchange Commission. Effective April 12, 2006, it obtained the requisite two-thirds consent to terminate the Registration Rights Agreement, dated
January 31, 2005 between the Company and certain Subscriber of the Company's Series A Convertible Preferred Stock.

In light of the Form 15 filing, the Company has postponed its 2006 Annual Meeting of Shareholders, originally scheduled for May 4, 2006. The Company anticipates continuing to provide quarterly and annual financial results to its shareholders.

Oglebay Norton Company, a Cleveland, Ohio-based company with a 150-year tradition of service, provides essential minerals and aggregates to a broad range of markets, from building materials and environmental remediation to the energy and metallurgical industries. For more information, see www.oglebaynorton.com.

 

Safe Harbor Statement

Certain statements contained in this release are "forward-looking" in that they reflect management's expectations and beliefs regarding the future performance of the Company and its operating segments. Such forward-looking statements are subject to uncertainties and factors relating to the Company's operations and business environment, all of which are difficult to predict and many of which are beyond the control of the Company. The Company believes that the following factors, among others, could affect its future performance and cause actual results to differ materially from those expressed or implied by forward-looking statements made by or on behalf of the Company: (1) the effectiveness of the Company having restructured its debt to provide adequate liquidity to sufficiently improve the Company's financial position; (2) the Company's ability to complete its cost reduction initiatives; (3) weather conditions, particularly in the Great Lakes region, flooding, and/or water levels; (4) fluctuations in energy, fuel and oil prices; (5) fluctuations in integrated steel production in the Great Lakes region; (6) fluctuations in Great Lakes and Mid-Atlantic construction activity; (7) economic conditions in California or population growth rates in the southwestern United States; (8) the outcome of periodic negotiations of labor agreements; (9) changes in the demand for the Company's products due to changes in technology; (10) the loss, insolvency or bankruptcy of major customers, insurers or debtors; (11) difficulty in hiring sufficient staff that is appropriately skilled and licensed, particularly for the vessel operations; (12) changes in environmental laws; (13) an increase in the number and cost of asbestos and silica product liability claims filed against the Company and its subsidiaries and determinations by a court or jury against the Company's interest; (14) the insolvency of insurers, the effects of any cover age litigation with insurers or the adequacy of insurance; (15) changes in Federal or State law with respect to asbestos or silica product liability claims; and (16) risks related to the low trading volume of the Company's stock and the de-registration of the Company's common and convertible preferred stock with the United States Securities and Exchange Commission.

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