- -------------------------------------------------------------------------------
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 8, 1999
DIEDRICH COFFEE, INC.
- -------------------------------------------------------------------------------
(Exact Name of Registrant as Specified in Charter)
Delaware 000-21203 33-0086628
- ------------------------------- ----------------- ---------------------------
(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
2144 Michelson Drive, Irvine, California 92612
- -------------------------------------------------- ---------------------------
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (949) 260-1600
--------------
N/A
- -------------------------------------------------------------------------------
(Former Name or Former Address, if Changed Since Last Report)
- -------------------------------------------------------------------------------
ITEM 5. OTHER EVENTS.
ACQUISITION OF COFFEE PEOPLE, INC.
On February 8, 1999, Diedrich Coffee, Inc. (the "Registrant" or
"Diedrich"), signed a letter of intent to acquire all of the outstanding
shares of common stock of Coffee People, Inc. (NASDAQ-MOKA) ("Coffee
People"). Under the terms of the letter of intent, the stockholders of
Coffee People will receive $10.75 million in cash, 1,667,000 shares of
Diedrich common stock and $14.25 million in cash or a combination of cash and
stock based on the net proceeds of a public equity offering planned by
Diedrich prior to the closing of the acquisition. The proposed acquisition
is subject to certain conditions, including the execution of a definitive
agreement, securing financing, completion of the public equity offering by
Diedrich upon certain specified terms, receipt of regulatory approvals, due
diligence and approval by the shareholders of Diedrich and Coffee People.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(c) EXHIBITS.
The following exhibits are filed with this report on Form 8-K:
Exhibit
Number Description
--------- -------------------------------------------------------------------
99.1 Press Release: "Diedrich Coffee to Acquire Coffee People," dated
February 9, 1999.
99.2 Letter of Intent dated February 8, 1999.
2
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this current report to be signed on its behalf by
the undersigned hereunto duly authorized.
DIEDRICH COFFEE, INC.
a Delaware corporation
Date: February 9, 1999 By: /s/ Ann Wride
----------------------------------
Ann Wride
Chief Financial Officer
3
EXHIBIT INDEX
Exhibit Sequentially
Number Description Numbered Page
--------- ------------------------------------------------- -------------
99.1 Press Release: "Diedrich Coffee to Acquire Coffee
People," dated February 9, 1999. 5
99.2 Letter of Intent dated February 8, 1999. 7
4