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) September 10, 2002 ------------------ AMERICAN ARCHITECTURAL PRODUCTS CORPORATION ------------------------------------------- (Exact name of registrant as specified in its charter) Delaware 0-25634 87-0365268 - -------------------------------------------------------------------------------- (State or Other Jurisdiction (Commission (IRS Employer of Incorporation File Number) Identification No.) 860 Boardman-Canfield Road, Boca Building, Suite 107, Boardman Ohio 44512 - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (330) 965-9910 -------------- Not applicable -------------- (Former name of former address, if changed since last report) ITEM 5. OTHER EVENTS On September 10, 2002, American Architectural Products Corporation (the "Company") announced that an investigation is being conducted into certain matters relating to conduct of the purchaser and its principals with respect to the February 2002 sale of certain assets of the Company's subsidiary Binnings Building Products, Inc. The Company is unable to predict the duration or potential results of the investigation at this time. As previously disclosed, the Company entered into an agreement in December 2001 to sell certain assets of the Binnings Pan American (Pan Am) and TM Window and Door (TM) divisions of its subsidiary Binnings Building Products, Inc. for consideration consisting of $500,000 cash, a $1.7 million note receivable and the assumption of certain liabilities. This transaction closed on February 15, 2002. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. AMERICAN ARCHITECTURAL PRODUCTS CORPORATION Date: September 10, 2002 By /s/ Joseph Dominijanni ---------------------- Joseph Dominijanni President and Chief Executive Officer