Unassociated Document
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):
June 1,
2010
MEASUREMENT
SPECIALTIES, INC.
(Exact
name of registrant as specified in its charter)
New
Jersey
|
1-11906
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22-2378738
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(State
or other
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(Commission
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(IRS
Employer
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jurisdiction
of
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File
Number)
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Identification
No.)
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incorporation)
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|
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1000
Lucas Way, Hampton, VA 23666
(Address
of principal executive offices) (Zip Code)
(757)
766-1500
Registrant's
telephone number, including area code
Not
applicable
(Former
name or former 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 (see General Instruction A.2. below):
o
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
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o
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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o
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Pre-commencement
communications pursuant to Rule 13e-4(c)under the Exchange Act (17 CFR
240.13e- 4(c))
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Item
1.02
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Termination
of a Material Definitive Agreement.
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In
connection with the execution of the Credit Agreement and the Master Shelf
Agreement described in Item 1.01 in the Form 8-K filed on June 2, 2010 (the
“Prior Form 8-K”) and Item 2.03 below, the Amended and Restated Credit Agreement
effective as of April 1, 2006 among the Company, General Electric Capital
Corporation, as agent and a lender, and certain other parties thereto (the
“Existing Credit Facility”), was terminated effective June 1, 2010, and all
amounts outstanding under that agreement were paid in full. There are no
penalties or costs associated with the termination of the Existing Credit
Facility.
Item
2.03
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Creation
of a Direct Financial Obligation or an Obligation under an Off-Balance
Sheet Arrangement of a Registrant.
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See Item
1.01 of the Prior Form 8-K.
Item
9.01
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Financial
Statements and Exhibits.
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(d)
Exhibits.
10.2
Master Shelf Agreement by and among Measurement Specialties, Inc., Prudential
Investment Management, Inc. and certain other parties thereto dated June 1,
2010, incorporated by reference to Exhibit 99.3 to the Company’s Form 8-K, filed
with the SEC on June 2, 2010.
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.
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Measurement
Specialties, Inc.
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(Registrant)
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/s/
Mark Thomson
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Mark
Thomson
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Chief
Financial Officer
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Date: June
3, 2010