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): JANUARY 6, 2009
PFSweb, Inc.
(Exact name of registrant as specified in its charter)
| |
|
|
|
|
|
|
|
|
|
|
| Delaware
|
|
000-28275
|
|
75-2837058 |
| (STATE OR OTHER JURISDICTION
|
|
(COMMISSION FILE NUMBER)
|
|
(IRS EMPLOYER |
| OF INCORPORATION)
|
|
|
|
IDENTIFICATION NO.) |
500 NORTH CENTRAL EXPRESSWAY
PLANO, TX 75074
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)
(972) 881-2900
(REGISTRANT’S TELEPHONE NUMBER, INCLUDING AREA CODE )
N/A
(FORMER NAME OR ADDRESS, IF CHANGED SINCE LAST REPORT)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions:
| o |
|
Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| |
| o |
|
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| |
| o |
|
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| |
| o |
|
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
ITEM 1.01. Entry into a Material Definitive Agreement
On January 6, 2009, the Company’s subsidiary Supplies Distributors, Inc. and Wachovia Bank
entered into an extension of Supplies Distributors’ line of credit to March 2011 and an amendment
of certain other provisions. Also, on January 6, 2009, the Company’s subsidiary eCOST.com, Inc. and
Wachovia Bank entered into an extension of eCOST’s line of credit to May 2011 and an amendment of
certain other provisions.
The foregoing description of the amendments does not purport to be complete and is qualified
in its entirety by reference to the amendments which are filed herewith and incorporated herein by
reference.
ITEM 9.01. Financial Statements and Exhibits.
| |
|
|
| Exhibit No. |
|
Exhibit |
| |
|
|
|
10.1.
|
|
Sixth Amendment to Loan and Security Agreement dated January 6, 2009 between
Wachovia Bank and Supplies Distributors, Inc. |
|
|
|
10.2.
|
|
Fifth Amendment to Loan and Security Agreement dated January 6, 2009 between
Wachovia Bank and eCOST.com, Inc. |