UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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 24, 2004
Wolverine Tube, Inc.
| Delaware | 1-12164 | 63-0970812 | ||
| (State or other jurisdiction | (Commission File Number) | (IRS Employer | ||
| of incorporation) | Identification Number) |
| 200 Clinton Avenue West, Suite 1000, Huntsville, AL | 35801 | |
| (Address of principal executive offices) | (Zip code) |
Registrant’s telephone number, including area code: (256) 353-1310
| Item 5. OTHER EVENTS | ||||||||
| Item 7. EXHIBITS | ||||||||
| SIGNATURES | ||||||||
| EXHIBIT INDEX | ||||||||
| EX-99.1 PRIVATE PLACEMENT PRESS RELEASE | ||||||||
| EX-99.2 PLEDGE AGREEMENT 03/27/02 | ||||||||
Item 5. OTHER EVENTS
On June 23, 2004, Wolverine Tube, Inc. (the “Company”) completed a private placement of 2,450,000 shares of its common stock to accredited investors at a price of $10.00 per share. The Company raised gross proceeds of $24,500,000 in the aggregate, before fees and expenses. The Company will use the net proceeds for repayment of debt and other corporate purposes.
A Pledge Agreement dated March 27, 2002 relating to the Company’s Credit Agreement dated March 27, 2002 pledging the stock of certain of the Company’s subsidiaries is also included as an exhibit. The Pledge Agreement had been amended by the First Amendment to Pledge Agreement dated as of August 30, 2002 which had previously been filed as Exhibit 10.2 to the Company’s Quarterly Report on Form 10-Q for the period ended September 29, 2002.
Item 7. EXHIBITS
| Exhibit Number | Description | |
| 99.1 | Press Release Announcing Closing of Private Placement | |
| 99.2 | Pledge Agreement dated March 27, 2002 relating to the Company’s Credit Agreement dated March 27, 2002. |
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, thereunto duly authorized.
| WOLVERINE TUBE, INC. | ||||||
| Date: | June 24, 2004 | By: | /s/ James E. Deason | |||
| James E. Deason Executive Vice President, Chief Financial Officer, Secretary and Director | ||||||
