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): November 30, 2005
CHYRON CORPORATION
(Exact Name of Registrant as Specified in its Charter)
New York | 1-9014 | 11-2117385 |
(State or Other Jurisdiction of Incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) |
5 Hub Drive | |
Melville, New York | 11747 |
(Address of Principal Executive Offices) | (Zip Code) |
Registrant's telephone number, including area code: (631) 845-2000
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 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
Effective November 30, 2005, Chyron Corporation (the "Company") entered into an agreement with all holders of the Company's Series D 8% Subordinated Convertible Debentures (the "D Debentures") to amend the D Debentures as follows: i) the maturity date is extended from December 31, 2006 to December 31, 2007; ii) paid-in-kind interest shall be paid through and including November 30, 2005, and thereafter, interest shall no longer be paid-in-kind, but shall be payable in cash, a) for December 2005, on the first business day of January 2006, and b) on the first business day following the end of each calendar quarter through the maturity date; and iii) all other terms of the D Debentures shall remain the same.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibit 4.a November 30, 2005 Amendment to Series D 8% Subordinated Convertible Debentures.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.
CHYRON CORPORATION
| | By: | /s/ Jerry Kieliszak |
| | Name: | Jerry Kieliszak |
| | Title: | Senior Vice President and |
| | | Chief Financial Officer |
Exhibit No. | Description |
| | |
4.a | November 30, 2005 Amendment to Series D 8% Subordinated Convertible Debentures. |
Date: November 30, 2005
