-----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, T8yvpGPyqoJrELyP5Ii8KIz7Ft82AwmhG7Nl0P00W9hgKL1uJA9GgkeElVozgQhu nPoWrJb1F8rgLSipnBtNow== 0000950148-99-001033.txt : 19990510 0000950148-99-001033.hdr.sgml : 19990510 ACCESSION NUMBER: 0000950148-99-001033 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19990330 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19990507 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CALIFORNIA BEACH RESTAURANTS INC CENTRAL INDEX KEY: 0000738274 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] IRS NUMBER: 952693503 STATE OF INCORPORATION: CA FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-12226 FILM NUMBER: 99613570 BUSINESS ADDRESS: STREET 1: 17383 SUNSET BLVD STE 140 CITY: PACIFIC PALISADES STATE: CA ZIP: 90272 BUSINESS PHONE: 3104599676 MAIL ADDRESS: STREET 1: 17351 SUNSET BLVD STE 404 STREET 2: 17351 SUNSET BLVD STE 404 CITY: PACIFIC PALISADES STATE: CA ZIP: 90272 FORMER COMPANY: FORMER CONFORMED NAME: IHV CORP DATE OF NAME CHANGE: 19900912 FORMER COMPANY: FORMER CONFORMED NAME: NATURAL ORGANICS INC DATE OF NAME CHANGE: 19860318 8-K 1 FORM 8-K 1 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 AND EXCHANGE ACT OF 1934 Date of Report March 30, 1999 ----------------- CALIFORNIA BEACH RESTAURANTS, INC. - -------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) California 0-12226 95-2693503 - -------------------------------------------------------------------------------- (State or other jurisdiction (Commission (IRS Employer Of incorporation or File Number) Identification No.) Organization) 17383 Sunset Boulevard, Suite 140, Pacific Palisades, CA 90272 - -------------------------------------------------------------------------------- (Address of principal executive offices) Registrant's telephone number, including area code (310) 459-9676 ------------------------------ - -------------------------------------------------------------------------------- (Former name or former address, if changed since last report) 2 CALIFORNIA BEACH RESTAURANTS, INC. Item 5. Other Events ------------ On March 30, 1999, California Beach Restaurants, Inc. (the "Registrant") announced that it had completed a private offering of notes convertible into the Registrant's common stock, and tenant improvement and equipment financing. A copy of the press release issued by the Registrant in connection with the foregoing matters as well as related documents are filed with this report as exhibits. Item 7. Financial Statements and Exhibits. ---------------------------------- a. Financial Statements of businesses acquired. -------------------------------------------- None b. Pro forma financial information. -------------------------------- None c. Exhibits. --------- Exhibit 10.68 - Note Purchase Agreement among the Registrant and certain other purchasers, dated as of March 30, 1999, including Exhibit A thereto, the 5% Convertible Subordinated Note Due March 30, 2003 (1) Exhibit 99 - Press release of California Beach Restaurants, Inc. dated March 30, 1999. (A) (1) Incorporated by reference to Amendment No. 1 to Schedule 13D filed with the Commission on April 16, 1999, on behalf of Alan Redhead. (A) FILED HEREWITH ELECTRONICALLY. 3 CALIFORNIA BEACH RESTAURANTS, INC. AND SUBSIDIARIES Signature(s) ------------ Pursuant to the requirements of the Securities Exchange Act of 1934, Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. California Beach Restaurants, Inc. (Registrant) Dated: May 5, 1999 By: /s/ Samuel E. Chilakos ----------------------- Samuel E. Chilakos Vice President, Finance Chief Financial Officer EX-99 2 EXHIBIT 99 1 EXHIBIT 99 Contact: Samuel E. Chilakos Chief Financial Officer 310-459-9676 CALIFORNIA BEACH RESTAURANTS, INC. COMPLETES PRIVATE OFFERING AND TENANT IMPROVEMENT AND EQUIPMENT FINANCING Pacific Palisades, California, March 30, 1999. California Beach Restaurants, Inc. (OTC Bulletin Board: CBHR) completed a $1,800,000 private offering of convertible notes, and a tenant improvement and equipment loan today. The proceeds of these transactions will be used to finance the renovations at Gladstone's 4 Fish and to retire existing indebtedness. As indicated in the Company's 10-Q filing for the three months ended January 31, 1999, subordinated, convertible notes were sold to a limited number of existing shareholders of the Company. The notes are immediately convertible into common stock of the Company at a rate of $1 per share, and pay interest at 5% per annum. The Company may pay the interest on the notes in cash or in kind. Fifty percent of the outstanding principal and interest of the notes, at the option of the note purchasers, will mature in three years, and the balance of the notes mature in four years. The Company has entered into an agreement for tenant improvement and equipment financing with Lyon Credit Corporation. The terms of the agreement provide for the extension of up to $1,200,000 of credit, to be repaid over a 5 year period with interest at the rate of the yield to maturity of the five year Treasury Note plus 400 basis points. This financing will be secured by certain tenant improvements and equipment. -----END PRIVACY-ENHANCED MESSAGE-----