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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): February 15, 2002
Sheldahl, Inc.
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(Exact name of Registrant as specified in its charter)
Minnesota 0-45 41-0758073
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
1150 Sheldahl Road
Northfield, Minnesota 55057
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (507) 663-8000
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Items 1, 3, 4, 6, 8 and 9 are not included.
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
On February 15, 2002, Sheldahl, Inc. (the "Company") announced that its
wholly-owned subsidiary, International Flex Technologies, Inc. will cease
operations at its Endicott, New York facility.
A press release relating to the closing is attached hereto as Exhibit 99.0.
ITEM 5. OTHER EVENTS
On February 19, 2002, the Company offered its trade creditors a plan for
restructuring the Company's trade debt. The plan provides for the payment of all
amounts owed trade creditors as of January 15, 2002 over a three year period or
on an accelerated basis if part of the amount due is compromised by the trade
creditor.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
Exhibit 99.0. Press release of February 15, 2002
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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.
SHELDAHL, INC.
By: /s/ Benoit Pouliquen
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Benoit Pouliquen, President and
Chief Executive Officer
Dated: February 27, 2002
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