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): | June 16, 2023 |
Cohu, Inc.
(Exact name of registrant as specified in its charter)
| | Delaware | | 001-04298 | | 95-1934119 | |
| | (State or other jurisdiction | | (Commission | | (I.R.S. Employer | |
| | of incorporation) | | File Number) | | Identification No.) | |
| | | | | | | |
| | 12367 Crosthwaite Circle, Poway, California | | | | 92064 | |
| | (Address of principal executive offices) | | | | (Zip Code) | |
| Registrant’s telephone number, including area code: | 858-848-8100 |
Not Applicable
Former name or former address, if changed since last report
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| Common Stock, $1.00 par value | COHU | The NASDAQ Stock Market LLC |
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))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 1.01 Entry into a Material Definitive Agreement.
On June 16, 2023, Cohu, Inc. (the “Company”) entered into the First Amendment to Credit and Guaranty Agreement (the “Amendment”), which amended the Company’s Credit and Guaranty Agreement, dated as of October 1, 2018, with Deutsche Bank AG New York Branch, as administrative agent, and the lenders named therein. The Amendment replaced the London interbank offered rate with the forward-looking term rate based on the secured overnight financing rate as the interest rate benchmark, subject to adjustment as specified in the Amendment.
The summary of the Amendment in this report does not purport to be complete and is qualified by reference to the full text of the Amendment, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 9.01. | Financial Statements and Exhibits. |
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.
| | Cohu, Inc. |
| | | |
June 23, 2023 | By: | /s/ Jeffrey D. Jones |
| | | Name: Jeffrey D. Jones |
| | | Title: Senior VP Finance and Chief Financial Officer |
