DE | 13-2566064 | |
(State or other jurisdiction of | (IRS Employer | |
incorporation) | Identification No.) |
[ ] 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))
Information to be included in the report
On May 31, 2006 CECO repaid in full the ICS and Sandler Subordinated Debt. CECO used proceeds from the exercise of certain warrants of approximately $892,680 and advances under Third Fifth Bank loan proceeds in the aggregate approximate amount of $167,320 to make such payments.
Harvey Sandler may be deemed an affiliate of CECO by virtue of benefically owning in excess of 10% of the common stock of CECO. The Audit Committee of CECO approved the payment.
The description set forth herein of the terms and conditions of the Letter Agreement is qualified in its entirety by reference to the full text of such agreement, which is filed with this report as Exhibit 10.1 and incorporated by reference into this Item 1.01.
CECO ENVIRONMENTAL CORP | ||||||||
Date: June 01, 2006 | By: | /s/ Dennis W. Blazer | ||||||
Dennis W. Blazer | ||||||||
Chief Financial Officer and Vice President-Finance & Administration | ||||||||
Exhibit No. | Description | |
EX-10.1 | Loan Letter Agreement |