-----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, DJ/hmKZvBwuD6bBj/kPLYCHavuXphJrZ4sPsO0b/KvQLnd4RyjzEYZj+ElQr9IBr vL5Rt0YuefxdVVCeR0TpEg== 0000930413-04-004460.txt : 20040921 0000930413-04-004460.hdr.sgml : 20040921 20040921121217 ACCESSION NUMBER: 0000930413-04-004460 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040920 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20040921 DATE AS OF CHANGE: 20040921 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ANADIGICS INC CENTRAL INDEX KEY: 0000940332 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 222582106 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-25662 FILM NUMBER: 041038815 BUSINESS ADDRESS: STREET 1: 141 MT. BETHEL ROAD CITY: WARREN STATE: NJ ZIP: 07059 BUSINESS PHONE: 9086685000 MAIL ADDRESS: STREET 1: 141 MT. BETHEL ROAD CITY: WARREN STATE: NJ ZIP: 07059 8-K 1 c33771_8k.txt ================================================================================ 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): SEPTEMBER 20, 2004 ------------------------ ANADIGICS, INC. (Exact name of registrant as specified in its charter) ------------------------ DELAWARE 0-25662 22-2582106 (State or other jurisdiction (Commission File Number) (I.R.S. Employer of incorporation) Identification No.) 141 MT. BETHEL ROAD, WARREN, NEW JERSEY 07059 (Address of principal executive offices) REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (908) 668-5000 NOT APPLICABLE (Former name or former address, if changed since last report) ------------------------ 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-4(c)) ================================================================================ ITEM 8.01. OTHER EVENTS. On September 21, 2004, ANADIGICS, Inc. issued the press release attached as Exhibit 99.1 and incorporated by reference herein. ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS. (c) Exhibits. The following exhibits are filed herewith: Exhibit No. Description ----------- ----------- 99.1 Press Release ("ANADIGICS ANNOUNCES PRICING OF CONVERTIBLE SENIOR NOTES") dated September 21, 2004. SIGNATURES 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. Date: September 21, 2004 ANADIGICS, Inc. (Registrant) By: /s/ Thomas Shields ------------------------------------------- Name: Thomas Shields Title: Senior Vice President and Chief Financial Officer EX-99.1 2 c33771_ex99-1.txt EXHIBIT 99.1 [ANADIGICS Logo Omitted] ANADIGICS ANNOUNCES PRICING OF CONVERTIBLE SENIOR NOTES WARREN, NJ--September 21, 2004--ANADIGICS, Inc. (Nasdaq: ANAD), today announced that it has priced its offering of $33 million aggregate principal amount of convertible senior notes due 2009, through an offering to qualified institutional buyers under Rule 144A of the Securities Act of 1933, as amended. These notes will be convertible at any time prior to maturity into shares of ANADIGICS, Inc. common stock at a conversion rate of 200 shares of common stock per $1,000 principal amount of notes, which is equivalent to a conversion price of $5.00 per share and represents an approximately 29.53% premium to the closing price of $3.86 per share of ANADIGICS, Inc. common stock on September 20, 2004. The notes will bear interest at an annual rate of 5.00%, payable semi-annually in arrears. The notes mature on October 15, 2009. ANADIGICS, Inc. has granted the initial purchaser of the notes an option to acquire up to an additional $5 million aggregate principal amount of notes. We expect to use the net proceeds of this offering to reduce our outstanding indebtedness through the repurchase of at least $20.0 million aggregate principal amount of our outstanding 5.00% convertible senior unsecured notes due 2006. Any remaining net proceeds not utilized to repurchase outstanding indebtedness will be used for general corporate purposes. This press release is neither an offer to sell nor the solicitation of an offer to buy the notes or any other securities, and shall not constitute an offer, solicitation, or sale in any jurisdiction in which such an offer, solicitation or sale is unlawful. The notes and the shares of common stock issuable upon conversion of the notes have not been registered under the Securities Act of 1933, as amended, and may not be offered or sold absent registration or an applicable exemption from the registration requirements. Forward Looking Statements Except for historical information contained herein, this press release contains projections and other forward-looking statements (as that term is defined in the Securities Exchange Act of 1934, as amended). These projections and forward-looking statements reflect the Company's current views with respect to future events and financial performance and can generally be identified as such because the context of the statement will include words such as "believe," "anticipate," "expect," or words of similar import. Similarly, statements that describe our future plans, objectives, estimates or goals are forward-looking statements. No assurances can be given, however, that these events will occur or that these projections will be achieved and actual results and developments could differ materially from those projected as a result of certain factors. Important factors that could cause actual results and developments to be materially different from those expressed or implied by such projections and forward-looking statements include those factors detailed from time to time in our reports filed with the Securities and Exchange Commission, including the Company's annual report on Form 10-K for the year ended December 31, 2003, and those discussed elsewhere herein. -----END PRIVACY-ENHANCED MESSAGE-----