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):  DECEMBER 26, 2000



                            BREED TECHNOLOGIES, INC.
             ------------------------------------------------------
             (Exact Name of Registrant as Specified in its Charter)



          DELAWARE                     1-11474                 22-2767118
- ----------------------------   -----------------------   ---------------------
(State or Other Jurisdiction   (Commission File Number)     (IRS Employer
        Incorporation)                                   Identification Number)



   5300 OLD TAMPA HIGHWAY, LAKELAND, FLORIDA                    33811
   -----------------------------------------                   ---------
    (Address of Principal Executive Offices)                  (Zip Code)



Registrant's telephone number, including area code:          (863) 668-6000





ITEM 5.  OTHER EVENTS.

         On December 26, 2000, BREED Technologies, Inc.'s (the "Company")
amended plan of reorganization (the "Amended Plan of Reorganization") was
declared effective by the United States Bankruptcy Court for the District of
Delaware (the "Court"). The Amended Plan of Reorganization, which was filed with
the Court on September 27, 2000 in connection with its pending voluntary
bankruptcy proceeding with the Court under Chapter 11 of the United States
Bankruptcy Code, was confirmed by the Court on November 22, 2000. Pursuant to
the terms of the Amended Plan of Reorganization, all of the Company's common
stock outstanding prior to the effective date of the Amended Plan of
Reorganization has been cancelled. As a result of the effectiveness of the
Amended Plan of Reorganization, the Company will file a Form 15 with the
Securities and Exchange Commission today to de-register its common stock under
the Securities Exchange Act of 1934, as amended. A copy of the press release
issued by the Company on December 27, 2000 regarding cancellation of its common
stock is attached hereto as Exhibit 99.1.

ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS.

(a)      Not Applicable

(b)      Not Applicable

(c)      Exhibits required by Item 601 of Regulation S-K


EXHIBIT NO.                DESCRIPTION
- -----------                -----------

  99.1      Press release regarding confirmation of the Amended Plan of
            Reorganization with the Court and cancellation of the Company's
            common stock.

                                  Page 2 of 3





                                    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 hereunto duly authorized.

                                           BREED TECHNOLOGIES, INC.

Date:  December 27, 2000                   By: /s/ PATRICK J. O'MALLEY
                                              -----------------------------
                                                   Patrick J. O'Malley
                                                   CHIEF FINANCIAL OFFICER

                                  Page 3 of 3




                                  EXHIBIT INDEX

EXHIBIT NO.                DESCRIPTION
- -----------                -----------

  99.1      Press release regarding confirmation of the Amended Plan of
            Reorganization with the Court and cancellation of the Company's
            common stock.

EX-99.1

                                                                  EXHIBIT 99.1

FOR IMMEDIATE RELEASE

For additional information contact:
BREED Technologies, Inc.
Stuart D. Boyd, Vice President, Legal Affairs
863-668-6389

                          BREED TECHNOLOGIES ANNOUNCES
                            EMERGENCE FROM CHAPTER 11

LAKELAND, FL. DECEMBER 27, 2000. BREED Technologies, Inc., a global producer of
automotive safety systems, today announced its successful emergence from the
chapter 11 bankruptcy process it began on September 20, 1999. BREED's Plan of
Reorganization, confirmed by the United State Bankruptcy Court for the District
of Delaware on November 22, 2000, became effective on December 26, 2000 and
provides, among other things, for the cancellation of all of BREED's common
stock outstanding prior to the effective date of the Plan. Under the Plan, BREED
will continue as a private corporation with new capital and ownership
structures. As previously announced, John Riess, the former CEO of Gates Rubber
Company, has been named BREED's Chief Executive Officer. Additional details will
be provided when the company returns from its holiday shutdown on January 2,
2001.