UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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)February 25, 2016
ANADIGICS, Inc.
(Exact Name of Registrant as Specified in Charter)
__________________________
| | | | |
Delaware | | 0-25662 | | 22-2582106 |
(State or Other Jurisdiction of Incorporation) | | (Commission File Number) | | (IRS Employer Identification No.) |
| |
141 Mt. Bethel Road Warren, New Jersey | | 07059 |
(Address of Principal Executive Offices) | | (Zip Code) |
(908) 668-5000
(Registrant’s telephone number, including area code)
(Former Name or Former Address, if Changed Since Last Report)
______________________________________
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 (seeGeneral Instruction A.2. below):
☐ | 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)) |
Item 8.01 Other Events.
On February 25, 2016, the Company issued a press release announcing that its Board of Directors has determined that a competing bidder’s proposal to acquire the Company at a per-share price of $0.85 is a “Superior Offer.” A copy of the press release is attached to this Report as Exhibit 99.1 and is incorporated in this Report by reference.
Item 9.01 Financial Statements and Exhibits.
(d)Exhibits.
99.1 | Press Release dated February 25, 2016 |
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.
Dated: February 25, 2016
| ANADIGICS, Inc. By:/s/ Ronald L. Michels Name: Ronald L. Michels Title: Chairman and Chief Executive Officer |
EXHIBIT INDEX
Exhibit No. | | Description |
| | |
99.1 | | Press Release dated February 25, 2016 |