0001513162-16-000892.txt : 20160616 0001513162-16-000892.hdr.sgml : 20160616 20160616164608 ACCESSION NUMBER: 0001513162-16-000892 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160616 ITEM INFORMATION: Other Events FILED AS OF DATE: 20160616 DATE AS OF CHANGE: 20160616 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STANLEY FURNITURE CO INC. CENTRAL INDEX KEY: 0000797465 STANDARD INDUSTRIAL CLASSIFICATION: WOOD HOUSEHOLD FURNITURE, (NO UPHOLSTERED) [2511] IRS NUMBER: 541272589 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34964 FILM NUMBER: 161718016 BUSINESS ADDRESS: STREET 1: 200 NORTH HAMILTON STREET STREET 2: NO. 200 CITY: HIGH POINT STATE: NC ZIP: 27260 BUSINESS PHONE: 3368847700 MAIL ADDRESS: STREET 1: 200 NORTH HAMILTON STREET STREET 2: NO. 200 CITY: HIGH POINT STATE: NC ZIP: 27260 FORMER COMPANY: FORMER CONFORMED NAME: STANLEY FURNITURE CO INC/ DATE OF NAME CHANGE: 19930908 FORMER COMPANY: FORMER CONFORMED NAME: STANLEY FURNITURE CO INC DATE OF NAME CHANGE: 19930908 FORMER COMPANY: FORMER CONFORMED NAME: STANLEY INTERIORS CORP DATE OF NAME CHANGE: 19920703 8-K 1 form8k.htm FORM 8-K 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):  June 16, 2016



Stanley Furniture Company, Inc.

(Exact name of registrant as specified in its charter)

 

 

Delaware

No. 0-14938

54-1272589

(State or other jurisdiction of incorporation)

(Commission File Number) 

(IRS Employer Identification No.)

 

 

200 North Hamilton Street

High Point, North Carolina


27260

(Address of principal executive offices)

(Zip Code)

 

 

Registrant’s telephone number, including area code:  (336) 884-7700




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 (see General Instruction A.2. below):

o

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


o

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


o

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


o

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))




   




Item 8.01

Other Events.


Stanley Furniture, Inc. (the “Company”) announced today that its Board of Directors has engaged Stephens Inc. as financial advisor in connection with the consideration of potential strategic and capital allocation opportunities being undertaken by the previously established Special Committee including potential acquisition transactions to enhance product offerings and expanded distribution channels, leveraging on the strength of the Company’s balance sheet including its net operating loss carryforwards.  The Special Committee consists of John D. Lapey, Jeffrey S. Gilliam, Michael P. Haley and Justyn Putnam, with Mr. Putnam as Chair.  


The Company has not made a decision to pursue any particular transaction, and there can be no assurance that the consideration of potential opportunities by the Special Committee will result in any transaction being pursued or completed.  The Company has not set a timetable for completion of the consideration process, and it does not expect to comment further unless and until its Board of Directors has approved a specific transaction, or it otherwise deems further disclosure appropriate or required by law.  









   




SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Report to be signed on its behalf by the undersigned thereunto duly authorized.



 

   STANLEY FURNITURE COMPANY, INC.

 

 

 

 

Date: June 16, 2016 By: /s/Anita W. Wimmer
Anita W. Wimmer
Vice President of Finance
(Principal Financial and Accounting
Officer)