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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 16, 2023
 
Cohu, Inc.
 

 
(Exact name of registrant as specified in its charter)
 
 
Delaware
 
001-04298
 
95-1934119
 
 
(State or other jurisdiction
 
(Commission
 
(I.R.S. Employer
 
 
of incorporation)
 
File Number)
 
Identification No.)
 
 
  
 
 
 
 
 
 
12367 Crosthwaite Circle,
Poway, California
 
 
 
92064
 
 
(Address of principal executive offices)
 
 
 
(Zip Code)
 
 
Registrant’s telephone number, including area code:
    858-848-8100
 
Not Applicable
 

 
Former name or former address, if changed since last report
 
Securities registered pursuant to Section 12(b) of the Act:
 
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, $1.00 par value
COHU
The NASDAQ Stock Market LLC
 
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))
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
 
Emerging growth company
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
 
 

 
 
Item 1.01 Entry into a Material Definitive Agreement.
 
On June 16, 2023, Cohu, Inc. (the “Company”) entered into the First Amendment to Credit and Guaranty Agreement (the “Amendment”), which amended the Company’s Credit and Guaranty Agreement, dated as of October 1, 2018, with Deutsche Bank AG New York Branch, as administrative agent, and the lenders named therein. The Amendment replaced the London interbank offered rate with the forward-looking term rate based on the secured overnight financing rate as the interest rate benchmark, subject to adjustment as specified in the Amendment.
 
The summary of the Amendment in this report does not purport to be complete and is qualified by reference to the full text of the Amendment, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.
 
Item 9.01.
Financial Statements and Exhibits.
 
(d)
Exhibits.
 
Exhibit
Number
 
Description
10.1   First Amendment to Credit and Guaranty Agreement, dated as of June 16, 2023, between Cohu, Inc. and Deutsche Bank AG New York Branch, as administrative agent.
     
104    Cover Page Interactive Data File (embedded within the Inline XBRL document)
                  
 

 
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.
 
 
 
Cohu, Inc.
  
 
 
June 23, 2023 
By:
/s/ Jeffrey D. Jones
 
 
Name: Jeffrey D. Jones
 
 
Title: Senior VP Finance and Chief Financial Officer