Exhibit 99.2
ACORN PRODUCTS, INC.
RIGHTS OFFERING
NOTICE OF GUARANTEED DELIVERY
(NOT TO BE USED FOR RIGHTS CERTIFICATE SIGNATURE GUARANTEES)
This Notice of Guaranteed Delivery or one substantially equivalent
hereto must be used to exercise Rights pursuant to the Rights Offering described
in the prospectus dated November 21, 2002 (the "Prospectus"), of Acorn Products,
Inc., a Delaware corporation (the "Company"), if a holder of Rights cannot
deliver the Rights Certificate evidencing the Rights (the "Rights Certificate"),
to the Rights Agent listed below (the "Rights Agent") at or prior to 5:00 p.m.
New York City time, on December 23, 2002 (the ("Expiration Date"). Such form
must be delivered by hand or sent by facsimile transmission or mailed to the
Rights Agent, and must be received by the Rights Agent on or prior to the
Expiration Date. See "The Rights Offering -- Special Procedure under `Notice of
Guaranteed Delivery Form'" in the Prospectus.
Payment of the Subscription Price of $5.00 per share of Common Stock
subscribed for upon exercise of the Rights must be received by the Rights Agent
in the manner specified in the Prospectus at or prior to 5:00 p.m., New York
City time, on the Expiration Date, even if the Rights Certificate evidencing
such Rights is being delivered pursuant to the procedure for guaranteed delivery
thereof. The Rights Certificate evidencing such Rights must be received by the
Rights Agent within three (3) trading days after the date of execution of the
Notice of Guaranteed Delivery.
The Rights Agent is:
AMERICAN STOCK TRANSFER & TRUST COMPANY
59 Maiden Lane, Plaza Level
New York, New York 10038
By Facsimile Transmission: (718) 234-5001
Telephone Number for Confirmation and Information: (718) 921-8200
DELIVERY OF THIS NOTICE OF GUARANTEED DELIVERY TO AN ADDRESS OTHER THAN AS SET
FORTH ABOVE OR TRANSMISSION OF INSTRUCTIONS VIA A FACSIMILE TRANSMISSION TO A
NUMBER OTHER THAN AS SET FORTH ABOVE WILL NOT CONSTITUTE A VALID DELIVERY.
Ladies and Gentlemen:
The undersigned hereby represents that he or she is the holder of a
Rights Certificate representing Rights issued by the Company and that such
Rights Certificate cannot be delivered to the Rights Agent at or before 5:00
p.m., New York City time, on the Expiration Date. Upon the terms and subject to
the conditions set forth in the Prospectus, receipt of which is hereby
acknowledged, the undersigned hereby elects to exercise the Rights represented
by such Rights Certificate.
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No. of Shares subscribed for pursuant to Rights:
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x $5.00 per share Subscription Price
Total Payment Due:
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* * * * * * *
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THE GUARANTEE BELOW MUST BE COMPLETED
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GUARANTEE
(NOT TO BE USED FOR SIGNATURE GUARANTEE)
The undersigned, a firm that is a bank, broker, dealer, credit union,
savings association or other entity that is a member in good standing of the
Securities Transfer Agents Medallion Program, hereby guarantees that within
three trading days after the date set forth below, the undersigned will deliver
to the Rights Agent the Rights Certificates representing the Rights being
exercised hereby, with any required signature guarantees and any other required
documents.
Name of Firm:_________________________________________________________________
Authorized Signature
DTC Participant Number:
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Address: Name:
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Title:
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Area Code and Telephone No.: Date:
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THE INSTITUTION WHICH COMPLETES THIS FORM MUST COMMUNICATE THE GUARANTEE TO THE
RIGHTS AGENT AND MUST DELIVER THE RIGHTS CERTIFICATES TO THE RIGHTS AGENT WITHIN
THE TIME PERIOD SHOWN HEREIN. FAILURE TO DO SO COULD RESULT IN A FINANCIAL LOSS
TO SUCH INSTITUTION.
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