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): August 6, 2001 WILLCOX & GIBBS, INC. (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation) 000-32339 22-3308457 (Commission File Number) (IRS Employer Identification No.) 12 Bank Street, Summit, New Jersey 07901 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (908) 918-0110 ITEM 3. BANKRUPTCY OR RECEIVERSHIP On August 6, 2001, Willcox & Gibbs, Inc. (the "Company" or "Willcox & Gibbs") and its domestic subsidiaries WG Apparel, Inc., Leadtec Systems, Inc., W&G Daon, Inc., Macpherson Meistergram, Inc., and Emtex Leasing Corporation filed petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware. Willcox & Gibbs has an agreement with its current lender to provide a Debtor in Possession ("DIP") revolving credit facility by continuing Willcox & Gibbs' existing facility. This facility has been approved on an interim basis by the Bankruptcy Court and is subject to final approval. Willcox & Gibbs will continue during the Chapter 11 case to pay trade creditors all post-petition obligations as they come due. 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 hereunto duly authorized. WILLCOX & GIBBS, INC. Date: August 20, 2001 By /S/ JOHN K. ZIEGLER -------------------------------------- John K. Ziegler Chairman of the Board and Chief Executive Officer