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: August 11, 2006 (Date of earliest event reported) EMAK Worldwide, Inc. (exact name of registrant as specified in its charter) |
Delaware (State or other jurisdiction of incorporation or organization) | 23346 (Commission File No.) | 13-3534145 (I.R.S. Employer Identification No.) |
6330 San Vicente Boulevard Los Angeles, California 90048 (Address of Principal executive offices, including zip code) (323) 932-4300 (Registrant’s telephone number, including area code) 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: 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 1.01 | Entry into a Material Definitive Agreement |
On August 11, 2006, EMAK Worldwide, Inc. (the “Company”) amended its credit facility with Bank of America, N.A. to provide for a temporary bridge facility to increase the Company’s available borrowings by up to $7 million to fund working capital for a specific client program. The finance charges for borrowings under the bridge facility will be 300 basis points greater than the interest charges under the credit facility. This bridge facility expires November 30, 2006.
The Second Amendment will be filed as an exhibit to the Company’s Form 10-Q for the quarterly period ended June 30, 2006.
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.
Date: August 17, 2006 | By: | /s/Teresa L. Tormey |
| | Teresa L. Tormey, Chief Administrative Officer and General Counsel |
1
