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: April 3, 2001
Date of Earliest Event Reported: March 30, 2001
TANDYCRAFTS, INC.
A DELAWARE CORPORATION
1-7258 75-1475224
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(Commission File Number) (IRS Employer Identification No.)
1400 Everman Parkway
Fort Worth, Texas 76140
(817) 551-9600
ITEM 5. OTHER EVENTS
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(a) On March 30, 2001, Registrant issued a press release announcing
that it had entered a forbearance agreement with its lenders
allowing the Company to maintain its existing facility for a
short period.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
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(c) Exhibits.
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Exhibit
Number Description
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99 On March 30, 2001, Registrant issued a press release
announcing that it had entered a forbearance agreement
with its lenders allowing the Company to maintain its
existing facility for a short period.
99.1 Forbearance Agreement relating to Amended and Restated
Revolving Credit Agreement dated October 13, 2000.
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 of the
undersigned thereunto duly authorized.
TANDYCRAFTS, INC.
Date: April 3, 2001 By:/s/ Michael J. Walsh
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Michael J. Walsh, Chairman
and Chief Executive Officer
Date: April 3, 2001 By:/s/ Leo Taylor
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Leo Taylor, Senior Vice
President of Finance
(Principal Finance Officer)