-----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, GA8/fUeZeBRgGrewWnFjmm+1NrhAlIVgAEZQaQkE6qlMWa7bDHAMUaMSAU7YUyuK smmXjOeORso+Ki29FYkhQA== 0000915127-09-000014.txt : 20090304 0000915127-09-000014.hdr.sgml : 20090304 20090304092746 ACCESSION NUMBER: 0000915127-09-000014 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20090304 ITEM INFORMATION: Entry into a Material Definitive Agreement FILED AS OF DATE: 20090304 DATE AS OF CHANGE: 20090304 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PHC INC /MA/ CENTRAL INDEX KEY: 0000915127 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-HOME HEALTH CARE SERVICES [8082] IRS NUMBER: 042601571 STATE OF INCORPORATION: MA FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33323 FILM NUMBER: 09653966 BUSINESS ADDRESS: STREET 1: 200 LAKE ST STE 102 CITY: PEABODY STATE: MA ZIP: 01960 BUSINESS PHONE: 9785362777 MAIL ADDRESS: STREET 1: 200 LAKE ST STREET 2: STE 102 CITY: PEABODY STATE: MA ZIP: 01960 8-K 1 k8-030409.htm MATERIAL DEFINITIVE AGREEMENT EXTENSION k8-030409.htm

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): March 4, 2009
 
PHC, Inc.
(Exact Name of Registrant as Specified in its Charter)
 
Massachusetts
(State of Incorporation or Organization)
 

1-33323
04-2601571
Commission File Number)
(I.R.S. Employer
 
Identification No.)

200 Lake Street, Suite 102, Peabody, Massachusetts
01960
Address of Principal Executive Offices)
(Zip Code)

 
 Registrant's telephone number, including area code: (978) 536-2777
 
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:
 
 
 Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  
  
 Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
 Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
    (17 CFR 240.14d-2(b))
 
 Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
    (17 CFR 240.13e-4c))
 

 
 
 



Item 1.01 Entry into a Material Definitive Agreement
 
PHC, Inc. (the “Company”) has agreed to extend to March 13, 2009 the outside closing date under the asset purchase agreement dated January 12, 2009 (the “Agreement”) whereby the Company agreed to sell the assets of its research division, Pivotal Research Centers, Inc. (“Pivotal”), a Delaware corporation, to Premier Research International, LLC, (“Premier”), a Delaware limited liability company.  The Company has agreed to the extension in order to allow Premier additional time to complete their documentation to close the transaction.  Premier will immediately pay PHC a non-refundable deposit of $200,000, which will be credited towards the purchase price if the transaction closes by March 13, 2009.  Upon the closing of the transaction, the effective closing date will remain February 28, 2009.


 


 
 
 


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.
 
 
PHC, INC.
 
Date: March 4, 2009
By: /s/ Bruce A. Shear
Bruce A. Shear
President
  
 
 

 
 
 

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