8-K 1 file001.txt FORM 8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 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 6, 2002 ---------------- ACCLAIM ENTERTAINMENT, INC. ------------------------------------------------------ (Exact name of registrant as specified in its charter)
Delaware 0-16986 38-2698904 -------- ------- ---------- (State or other jurisdiction of incorporation) (Commission File No.) (IRS Employer Identification No.) One Acclaim Plaza Glen Cove, New York 11542-2709 ------------------- ---------- (Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (516) 656-5000 -------------- Page 1 of 3 pages ITEM 5. OTHER EVENTS On February 6, 2002, Acclaim Entertainment, Inc. (the "Company") entered into an agreement to retire certain of its 10% Convertible Subordinated Notes due 2002 (the "Notes") representing an aggregate principal amount of $3,400,000 (plus interest), in exchange for 956,000 shares of its common stock. The excess of the fair value of the common stock issued over the principal amount of the Notes and accrued interest amounting to approximately $180,000 will be recorded as an extraordinary loss on the early retirement of the Notes in the second quarter of fiscal 2002. As a result of this retirement, the Company will have reduced the outstanding principal balance of the Notes to approximately $21,500,000. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS Exhibits: 99.1 Acclaim Entertainment, Inc. Press Release, dated February 6, 2002. Page 2 of 3 pages SIGNATURES Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ACCLAIM ENTERTAINMENT, INC. By: /s/ Gerard F. Agoglia -------------------------------- Name: Gerard F. Agoglia Title: Executive Vice President and Chief Financial Officer Date: February 8, 2002 Page 3 of 3 pages