8-K 1 form8k.htm FORM 8K - KENTUCKY ELECTRIC STEEL, INC. Kentucky Electric Steel, Inc. - 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):
JuLY 7, 2003

KENTUCKY ELECTRIC STEEL, INC.
 (Exact Name of Registrant as Specified in its Charter)




Delaware

 0-22416

 61-1244541

(State or Other Jurisdiction of
Incorporation)		 (Commission File Number) (IRS Employer Identification Number)



P.O. Box 3500
Ashland, Kentucky 41105-3500

(Address of Principal Executive Office) (Zip Code)


Registrant’s telephone number, including area code: (606) 929-1222



Item 5.  Other Events

        On July 7, 2003, Kentucky Electric Steel, Inc. (the “Company”) entered into a definitive agreement to sell substantially all of the Company’s assets to KES Acquisition Company, LLC for an aggregate purchase price of $2,998,414 and the assumption by KES Holdings of certain liabilities of the Company (the “Agreement”). A copy of the press release announcing the execution of the Agreement is filed as Exhibit 99.1 to this Form 8-K and hereby incorporated by reference.

Item 7.  Financial Statements and Exhibits

        (c)        The following exhibit is filed as part of this report on Form 8-K.

Exhibit
Number

   Description
99.1   Press release dated July 14, 2003

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.

 

 KENTUCKY ELECTRIC STEEL, INC.
Date: July 15, 2003 By: /s/ William J. Jessie
    Name: William J. Jessie
    Title: President and Chief Operating Officer