-----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, NJZOcKK1SxwvZKEHCUaaGDYMN9Q26mNdhoGAN8mHmoqd1LYlJOC9DVw2MIs0fNvQ mj3u2cq2nVvc5wsFwpXYWA== 0000932384-99-000293.txt : 19991025 0000932384-99-000293.hdr.sgml : 19991025 ACCESSION NUMBER: 0000932384-99-000293 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19991021 ITEM INFORMATION: FILED AS OF DATE: 19991022 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DYNAMIC MATERIALS CORP CENTRAL INDEX KEY: 0000034067 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS PRIMARY METAL PRODUCTS [3390] IRS NUMBER: 840608431 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-14775 FILM NUMBER: 99732507 BUSINESS ADDRESS: STREET 1: 551 ASPEN RIDGE DR CITY: LAFAYETTE STATE: CO ZIP: 80026 BUSINESS PHONE: 3036655700 MAIL ADDRESS: STREET 1: 551 ASPEN RIDGE DR CITY: LAFAYETTE STATE: CO ZIP: 80026 FORMER COMPANY: FORMER CONFORMED NAME: EXPLOSIVE FABRICATORS INC DATE OF NAME CHANGE: 19920703 8-K 1 FORM 8-K 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): OCTOBER 22, 1999 DYNAMIC MATERIALS CORPORATION (Exact name of registrant as specified in its charter) DELAWARE 0-8328 84-0608431 (State or other jurisdiction (Commission (IRS Employee of incorporation) File Number) Identification No.) 551 ASPEN RIDGE DRIVE, LAFAYETTE, CO 80026 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (303) 665-5700 ---------------------------------------------------------------- (Former name or former address, if changed since last report) EXHIBIT INDEX APPEARS ON PAGE 4 ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. (C) EXHIBITS 99.1 Press Release dated October 22, 1999. SIGNATURE 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, thereto duly authorized. DYNAMIC MATERIALS COMPANY Dated: October 22, 1999 By: /S/ MARK W. JARMAN ---------------------------------------- Mark W. Jarman Vice President of Corporate Development EXHIBIT INDEX EXHIBIT NO. DESCRIPTION 99.1 Press Release dated October 22, 1999. EX-99 2 EXHIBIT 99.1 PRESS RELEASE FOR IMMEDIATE RELEASE CONTACT: MARK W. JARMAN RICHARD A. SANTA VP OF CORPORATE DEVELOPMENT CHIEF FINANCIAL OFFICER DYNAMIC MATERIALS CORPORATION DYNAMIC MATERIALS CORPORATION 303-604-3923 303-604-3938 DMC EVALUATES OPTIONS IN LIGHT OF TERMINATION OF PURCHASE AGREEMENT BY AMETEK (Lafayette, CO - October 22, 1999) Dynamic Materials Corporation, (Nasdaq: BOOM), `DMC', today confirmed that it has been notified by AMETEK that AMETEK has terminated the Asset Purchase Agreement (the Purchase Agreement) signed by both companies on June 22, 1999. DMC believes AMETEK has no basis for termination of the Purchase Agreement. However, the Company is evaluating its position and will consider all available options to protect the interests of its stockholders, employees and its customers. The Company also announced that it has signed a deferral and waiver agreement with its bank that defers certain principal payments that were due on September 30, 1999 and waives covenant defaults until December 30, 1999. In light of AMETEK's decision to terminate the Purchase Agreement, the Company is evaluating various business strategies and financing alternatives in an effort to restructure its bank financing or re-capitalize the Company's balance sheet. # # # -----END PRIVACY-ENHANCED MESSAGE-----