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): April 25, 2014
CACHE, INC.
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction
of incorporation) | | 0-10345
(Commission File Number) | | 59-1588181
(IRS Employer
Identification No.) |
256 West 38th Street
New York, New York 10018
(Address of principal executive offices and zip code)
Registrant’s telephone number, including area code: (212) 575-3200
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 ( see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01 Other Events
Cache, Inc. (the “Company”) plans to undertake a rights offering with the existing holders of its common stock, par value $0.01 per share (the “Common Stock”). Upon completion of the rights offering, assuming the rights offering is fully subscribed, the Company expects to receive aggregate gross proceeds of approximately $15.0 million before expenses, subject to reduction or cancellation by the Company in its sole discretion.
The rights offering will be made through the Company’s distribution to its existing stockholders of non-transferable subscription rights to purchase their pro rata portion of newly issued shares of Common Stock at a subscription price of $2.50 per share. The record date for the distribution of the rights and the dates for both the subscription period and the expiration of the rights offering will be included in the final prospectus that will be filed with the Securities and Exchange Commission (“SEC”).
The Company intends to use the rights offering to raise capital to provide the Company with the financial resources to return to profitability and growth. However, the Company cannot assure any stockholders that the capital raised through the rights offering will be sufficient for these purposes.
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.
| CACHE, INC. |
| |
Dated: April 25, 2014 | /s/ Anthony F. DiPippa |
| Anthony F. DiPippa |
| Executive Vice President and Chief Financial Officer |
