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 (Date of earliest event reported): MAY 26, 2004
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NAVARRE CORPORATION
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(Exact name of Registrant as specified in its charter)
MINNESOTA 0-22982 41-1704319
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
7400 49TH AVENUE NORTH, NEW HOPE, MN 55428
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(Address of principal executive offices)
Registrant's telephone number, including area code: (763) 535-8333
ITEM 5. OTHER INFORMATION.
On May 20, 2004, Navarre Corporation appointed Timothy R. Gentz to serve as a
board director. Mr. Gentz's appointment increases the number of independent
members of the Company's board of directors to five -- a majority of the board.
Mr. Gentz will also serve on both the Governance and Audit Committees of the
board. Mr. Gentz will serve until the next annual shareholders' meeting, at
which time he will stand for election by the shareholders. A copy of the press
release announcing this appointment is attached to this Current Report on Form
8-K as Exhibit 99.2 and incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(a) Financial Statements of Business Acquired
Not Applicable
(b) Pro Forma Financial Information
Not Applicable
(c) Exhibits
99.1 Navarre Corporation Earnings Release, dated May 26, 2004.
99.2 Release appointing Timothy R. Gentz to serve a s board director.
ITEM 12. DISCLOSURE OF RESULTS OF OPERATIONS AND CONDITION
On May 26, 2004, Navarre Corporation issued a press release to report its
results for the fourth quarter and year-end for the period ended March 31, 2004.
A copy of the press release is attached to this Current Report on Form 8-K as
Exhibit 99.1 and incorporated herein by reference.
The information in this Form 8-K and the Exhibits attached hereto shall not be
deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934
(the "Exchange Act") or otherwise subject to the liability of that section, nor
shall it be deemed incorporated by reference in any filing under the Securities
Act of 1933 or the Exchange Act, except as expressly set forth by specific
reference in such a filing.
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SIGNATURE
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.
NAVARRE CORPORATION
By: /s/ Eric H. Paulson
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Eric H. Paulson
Chairman of the Board, President
and Chief Executive Officer
Dated: May 26, 2004
EXHIBIT INDEX
Exhibit No. 99(1) Earnings Release for the fourth quarter and year-end for
the period ended March 31, 2004.
Exhibit No. 99(2) Release appointing Timothy R. Gentz to serve a s board
director.
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