-----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, KMCfqzKWiPomjmOAfvexydsoMxVdZVdPjWZyPjfLVB3YHx9nOj3z2xWryErhThtC ZMH3lIZQuqEIEGARXIE9hw== 0001104659-10-034791.txt : 20100621 0001104659-10-034791.hdr.sgml : 20100621 20100621155640 ACCESSION NUMBER: 0001104659-10-034791 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20100621 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20100621 DATE AS OF CHANGE: 20100621 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KEMET CORP CENTRAL INDEX KEY: 0000887730 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS & ACCESSORIES [3670] IRS NUMBER: 570923789 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-15491 FILM NUMBER: 10908088 BUSINESS ADDRESS: STREET 1: 2835 KEMET WAY STREET 2: 2835 KEMET WAY CITY: SIMPSONVILLE STATE: SC ZIP: 29681 BUSINESS PHONE: 8039636300 MAIL ADDRESS: STREET 1: P O BOX 5928 STREET 2: P.O. BOX 5928 CITY: GREENVILLE STATE: SC ZIP: 29606 8-K 1 a10-12351_18k.htm 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): June 21, 2010

 

KEMET Corporation

(Exact name of registrant as specified in its charter)

 

Delaware

 

0-20289

 

57-0923789

(State of incorporation)

 

(Commission File Number)

 

(IRS Employer Identification No.)

 

2835 Kemet Way, Simpsonville, SC

 

29681

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code:  (864) 963-6300

 

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:

 

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 7.01.  Regulation FD Disclosures

 

On June 21, 2010, KEMET Corporation (the “Company”), issued a press release announcing that the Company’s common stock has been approved for listing on the NYSE Amex.  Trading is expected to commence on the NYSE Amex on Tuesday, June 22, 2010, under the ticker symbol ‘KEM’ (NYSE Amex:  KEM).  A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

 

The information furnished with this Current Report on Form 8-K shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.

 

Item 8.01 Other Events

 

On June 21, 2010, the Company issued a press release announcing that the Company’s common stock has been approved for listing on the NYSE Amex.  Trading is expected to commence on the NYSE Amex on Tuesday, June 22, 2010, under the ticker symbol ‘KEM’ (NYSE Amex:  KEM).

 

This approval is contingent upon the Company’s being in compliance with all applicable NYSE Amex listing standards on the date the Company’s common stock begins trading on the exchange, and may be rescinded by the NYSE Amex if the Company is not in compliance with such standards.

 

Item 9.01 Financial Statements and Exhibits

 

(a.)                               Not Applicable

 

(b.)                              Not Applicable

 

(c.)                               Not Applicable

 

(d.)                              Exhibits

 

Exhibit No.

 

Description of Exhibit

 

 

 

99.1

 

Press Release, dated June 21, 2010 (furnished herewith).

 

2



 

Signature

 

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 thereunto duly authorized.

 

 

Date:  June 21, 2010

KEMET Corporation

 

 

 

/s/ R. James Assaf

 

R. James Assaf

 

 

 

Vice President, General Counsel and

 

 

 

Secretary

 

3



 

EXHIBIT INDEX

 

Exhibit No.

 

Description of Exhibit

 

 

 

99.1

 

Press Release, dated June 21, 2010.

 

4


EX-99.1 2 a10-12351_1ex99d1.htm EX-99.1

Exhibit 99.1

 

News Release

GRAPHIC

 

FOR IMMEDIATE RELEASE

 

Contact:

 

William M. Lowe, Jr.

 

 

Executive Vice President and Chief Financial Officer

 

 

williamlowe@KEMET.com

 

 

864-963-6484

 

KEMET ANNOUNCES APPROVAL FOR LISTING ON THE NYSE AMEX

 

Greenville, South Carolina (June 21, 2010) — KEMET Corporation (OTC Bulletin Board: KEME)  a leading manufacturer of tantalum, multilayer ceramic, solid aluminum, film, paper and aluminum electrolytic capacitors, announced today that its common stock has been approved for listing on the NYSE Amex. Trading is expected to commence on the NYSE Amex on Tuesday, June 22, 2010 under the ticker symbol ‘KEM’ (NYSE Amex: KEM).

 

“We are pleased to rejoin the NYSE Euronext family of exchanges by listing our stock on the NYSE Amex under our previous and long-standing trading symbol,” said Per Loof, Chief Executive Officer of KEMET.  “We continue to remain focused on returning increased value to our shareholders, both through excellent operating performance, and the prestige, visibility, and liquidity that this new listing represents for our current and future stockholders,” continued Loof.

 

“We welcome KEMET Corporation to the NYSE Amex,” said Scott Cutler, Head of Listings, Americas, NYSE Euronext.  “KEMET and its shareholders will benefit from the superior market quality, technology and services provided by listing on the NYSE Amex, and we look forward to a strong and lasting partnership.”

 

About KEMET

 

KEMET Corporation (OTC Bulletin Board: KEME) applies world class service and quality to deliver industry leading, high performance capacitance solutions to its customers around the world. KEMET offers the world’s most complete line of surface mount and through hole capacitor technologies across tantalum, ceramic, film, aluminum, electrolytic, and paper dielectrics. Additional information about KEMET can be found at http://www.kemet.com.

 



 

CAUTIONARY STATEMENT ON FORWARD LOOKING STATEMENTS

 

Certain statements included herein contain forward-looking statements within the meaning of federal securities laws about KEMET Corporation’s (the “Company”) financial condition and results of operations that are based on management’s current expectations, estimates and projections about the markets in which the Company operates, as well as management’s beliefs and assumptions. Words such as “expects,” “anticipates,” “believes,” “estimates,” variations of such words and other similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions, which are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in, or implied by, such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management’s judgment only as of the date hereof. The Company undertakes no obligation to update publicly any of these forward-looking statements to reflect new information, future events or otherwise.

 

Factors that may cause actual outcome and results to differ materially from those expressed in, or implied by, these forward-looking statements include, but are not necessarily limited to, the following: (i) continued uncertainty of the economy which could impact the Company’s ability to realize operating plans; (ii) adverse economic conditions which could cause further reevaluation and the write down of long-lived assets; (iii) an increase in the cost or a decrease in the availability of the Company’s principal raw materials; (iv) changes in the competitive environment; (v) uncertainty of the timing of customer product qualifications in heavily regulated industries; (vi) economic, political, or regulatory changes in the countries in which the Company operates; (vii) difficulties, delays or unexpected costs in completing the Company’s restructuring plan; (viii) the ability to attract, train and retain effective employees and management; (ix) the ability to develop innovative products to maintain customer relationships; (x) the impact of environmental issues, laws, and regulations; (xi) volatility of financial and credit markets which would affect the Company’s access to capital; (xii) exposure to foreign exchange gains and losses; (xiii) the need to reduce costs to offset downward price trends; (xiv) potential limitation on use of net operating losses to offset possible future taxable income; (xv) dilution as a result of the issuance of the warrant held by K Equity, LLC; and (xvi) exercise of the warrant by K Equity, LLC, which could result in the existence of a controlling stockholder.  Other risks and uncertainties may be described from time to time in the Company’s reports and filings with the Securities and Exchange Commission.

 

2


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