8-K 1 edgar1.txt 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) February 16, 2001 EMCEE Broadcast Products, Inc. (Exact name of registrant as specified in its charter) Delaware 1-6299 13-1926296 (State or other jurisdiction (Commission (I.R.S. Employee of incorporation) File Number) Identification Number) Susquehanna Street Extension West, P.O. Box 68/White Haven, PA 18661-0068 (Address of principal executive offices) Registrant's telephone number, including area code 570-443-9575 NONE (Former name or former address, if changed since last report) Item 1. Changes in Control of Registrant. Not applicable. Item 2. Acquisition or Disposition of Assets. Not applicable. Item 3. Bankruptcy or Receivership/ Not applicable. Item 4. Changes in Registrant's Certifying Accountant. Not applicable. Item 5. Other Events. The Registrant and its primary lending institution, First Union National Bank, have concluded negotiations and have entered into a written Forbearance Agreement with regard to the Registrant's indebtedness to the bank. The Forbearance Agreement is as a result of the bank's unwillingness to renew the Registrant's working line of credit of which the Registrant was advised on or about October 30, 2000. So long as the Registrant does not default under the Forbearance Agreement, the bank has agreed to forbear from the exercise of any of its rights or remedies against the Registrant under the Bank's loan documents until April 1, 2001. The Registrant has and will continue to pursue refinancing alternatives during the forbearance period. Item 6. Resignations or Registrant's Directors. Not applicable. Item 7. Financial Statements and Exhibits. Not applicable. Item 8. Change in Fiscal Year. Not applicable. Item 9. Sales of Equity Securities Pursuant to Regulation S Not applicable. Item 10. Regulation FD Disclosure. Not applicable 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 thereunto duly authorized. EMCEE BROADCAST PRODUCTS, INC. (Registrant) Date: February 21, 2001 /s/ James L. DeStefano JAMES L. DeSTEFANO President/CEO