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): January 15, 2002
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FIBERCORE, INC.
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(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
Nevada 000-21823 87-0445729
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(STATE OR OTHER (COMMISSION FILE NUMBER) (I.R.S. EMPLOYER
JURISDICTION OF IDENTIFICATION NO.)
INCORPORATION)
253 Worcester Road, P.O. Box 180
Charlton, MA 01507
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(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
Registrant's telephone number, including area code (508) 248-3900
Not Applicable
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(FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT)
ITEM 5. OTHER EVENTS
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On January 15, 2002, the Registrant closed on a private placement of $6
million in 5% Convertible Subordinated Debentures to institutional investors,
with the option to increase the total dollar amount up to $9 million.
Under the terms of the transaction, the Registrant received $5 million at
closing and will receive an additional $1 million upon the effectiveness of a
registration statement to be filed in connection with the transaction. Each of
the parties has an option to place up to an additional $3 million of the
Debentures under certain conditions, provided, the aggregate additional
placement does not exceed $3 million. The proceeds will be used to support the
Registrant's capital expenditure program, including the recently announced
capacity expansion and productivity initiatives in Germany, as well as for other
corporate purposes.
EXHIBIT NUMBER DESCRIPTION
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Exhibit 4.1 Registration Rights Agreement among the Registrant, Riverview
Group, LLC, Laterman & Co. & Forevergreen Partners, dated as
of January 15, 2002.
Exhibit 4.2 Convertible Subordinated Debenture issued to Riverview Group,
LLC, dated as of January 15, 2002.
Exhibit 4.3 Convertible Subordinated Debenture issued to Laterman & Co.,
dated as of January 15, 2002.
Exhibit 4.4 Convertible Subordinated Debenture issued to Forevergreen
Partners, dated as of January 15, 2002.
Exhibit 4.5 Warrant to purchase 80,000 shares of the Registrant's common
stock, issued to Riverview Group, LLC, dated as of January 15,
2002.
Exhibit 4.6 Warrant to purchase 53, 334 shares of the Registrant's common
stock, issued to Riverview Group, LLC, dated as of January 15,
2002.
Exhibit 4.7 Warrant to purchase 252,854 shares of the Registrant's common
stock, issued to Riverview Group, LLC, dated as of January 15,
2002.
Exhibit 4.8 Warrant to purchase 38,619 shares of the Registrant's common
stock, issued to Forevergreen Partners, dated as of January
15, 2002.
Exhibit 4.9 Warrant to purchase 26,666 shares of the Registrant's
common stock, issued to Laterman & Co., dated as of January
15, 2002.
Exhibit 4.10 Warrant to purchase 11,953 shares of the Registrant's
common stock, issued to Laterman & Co., dated as of January
15, 2002.
Exhibit 10.1 Convertible Subordinated Debentures and Warrants Purchase
Agreement among the Registrant, Riverview Group, LLC, Laterman
& Co. & Forevergreen Partners, dated as of January 15, 2002.
Exhibit 99.1 Press Release of the Registrant, dated January 14, 2002.
Exhibit 99.2 Press Release of the Registrant, dated January 16, 2002.
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on behalf of the
Registrant by the undersigned thereunto duly authorized.
FIBERCORE, INC.
By: /s/ Robert P. Lobban
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Name: Robert P. Lobban
Title: Chief Financial Officer
Date: January 31, 2002