Amendment No. 1 to Form 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K/A

(Amendment No. 1)

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): May 1, 2007

SYNNEX CORPORATION

(Exact name of registrant as specified in its charter)

 

Delaware   001-31892   94-2703333

(State or Other Jurisdiction

of Incorporation)

  (Commission File Number)  

(I.R.S. Employer

Identification Number)

 

44201 Nobel Drive

Fremont, California

  94538
(Address of principal executive offices)   (Zip Code)

(510) 656-3333

(Registrant’s telephone number, including area code)

N/A

(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 obligations of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240-13e-4(c))

 

 

 


EXPLANATORY NOTE

On October 10, 2007, SYNNEX Corporation (“SYNNEX”) filed a Current Report on Form 8-K to report that on May 1, 2007, SYNNEX Canada Limited (“SYNNEX Canada”), a Canadian subsidiary of SYNNEX, acquired substantially all of the assets of the Redmond Group of Companies (“RGC”), including AVS Technologies, an independent distributor of consumer electronics, pursuant to an Acquisition Agreement, dated March 27, 2007, by and among RGC Canada Ltd., Redmond Group of Companies LP, 2064862 Ontario Inc., AVS Technologies Limited Partnership and SYNNEX Canada, as amended by that certain Amending Agreement, dated as of April 30, 2007. This Current Report on Form 8-K/A is being filed to provide the financial statements and pro forma financial information described under Item 9.01 below. These financial statements and information are filed as Exhibits 99.1 and 99.2.

 

Item 9.01. Financial Statements and Exhibits

 

  (a) Financial Statements of Businesses Acquired.

The financial statements of RGC Canada Ltd. and Redmond Group of Companies LP as of and for the two years ended December 31, 2006 are attached hereto as Exhibit 99.1 and are incorporated in their entirety herein by reference.

 

  (b) Pro forma Financial Information.

The pro forma financial information of SYNNEX as of February 28, 2007 and for the year ended November 30, 2006, is attached hereto as Exhibit 99.2 and is incorporated in its entirety herein by reference.

 

  (d) Exhibits

 

Exhibit No.

 

Description

  2.1*  

Acquisition Agreement, dated March 27, 2007, by and among RGC Canada Ltd., Redmond Group of Companies LP, 2064862 Ontario Inc., AVS Technologies Limited Partnership and SYNNEX Canada Limited.

 

The following exhibits and schedules to the Acquisition Agreement have been omitted. SYNNEX will furnish copies of the omitted exhibit and schedules to the Commission upon request.

 

Exhibit A

  -     Escrow Agreement
 

Exhibit B

  -     Form of Retention Agreement
 

Exhibit C

  -     Andy Redmond Consulting Agreement
 

Exhibit D

  -     Legal Opinion of Counsel to the Vendors
 

Exhibit E

  -     Guarantee
 

Schedule 1.1(y)

  -     Draft Financial Statements and Financial Statements
 

Schedule 1.1(pp)

  -     Permitted Encumbrances
 

Schedule 2.1(b)

  -     Fixed Assets
 

Schedule 2.1(g)

  -     Contracts
 

Schedule 2.2(e)

  -     Factory Direct Agreements
 

Schedule 2.2(i)

  -     Excluded Assets
 

Schedule 3.4

  -     Estimated Statement of Net Tangible Assets
 

Schedule 3.8

  -     Allocation of Purchase Price
 

Schedule 5.1

  -     Jurisdictions in which Business is Located
 

Schedule 5.5

  -     Location of Assets
 

Schedule 5.8

  -     Leases of Real Property
 

Schedule 5.9

  -     Intellectual Property
 

Schedule 5.10

  -     Material Contracts
 

Schedule 5.12

  -     Licenses and Permits
 

Schedule 5.13A

  -     Regulatory Consents and Approvals
 

Schedule 5.13B

  -     Contractual Consents and Approvals
 

Schedule 5.16

  -     Changes
 

Schedule 5.17

  -     Legal and Regulatory Proceedings
 

Schedule 5.20

  -     Related Party Transactions
 

Schedule 5.22

  -     Employee Plans
 

Schedule 5.25

  -     Major Customers
 

Schedule 5.26

  -     Product Warranties
  2.2*   Amending Agreement, dated April 30, 2007, by and among RGC Canada Ltd., Redmond Group of Companies LP, 2064862 Ontario Inc., AVS Technologies Limited Partnership and SYNNEX Canada Limited.
23.1   Consent of Independent Auditors with respect to RGC Canada Ltd. and Redmond Group of Companies LP.
99.1   Financial statements of RGC Canada Ltd. and Redmond Group of Companies LP as of and for the two years ended December 31, 2006.
99.2   Pro forma financial information as of February 28, 2007 and for the year ended November 30, 2006.

 

* Previously filed


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.

Dated: February 13, 2008

 

SYNNEX CORPORATION
/s/ SIMON Y. LEUNG
Simon Y. Leung
General Counsel and
Corporate Secretary


EXHIBIT INDEX

 

Exhibit No.

  

Description

  2.1*    Acquisition Agreement, dated March 27, 2007, by and among RGC Canada Ltd., Redmond Group of Companies LP, 2064862 Ontario Inc., AVS Technologies Limited Partnership and SYNNEX Canada Limited.
  

Exhibit A

   -     Escrow Agreement
  

Exhibit B

   -     Form of Retention Agreement
  

Exhibit C

   -     Andy Redmond Consulting Agreement
  

Exhibit D

   -     Legal Opinion of Counsel to the Vendors
  

Exhibit E

   -     Guarantee
  

Schedule 1.1(y)

   -     Draft Financial Statements and Financial Statements
  

Schedule 1.1(pp)

   -     Permitted Encumbrances
  

Schedule 2.1(b)

   -     Fixed Assets
  

Schedule 2.1(g)

   -     Contracts
  

Schedule 2.2(e)

   -     Factory Direct Agreements
  

Schedule 2.2(i)

   -     Excluded Assets
  

Schedule 3.4

   -     Estimated Statement of Net Tangible Assets
  

Schedule 3.8

   -     Allocation of Purchase Price
  

Schedule 5.1

   -     Jurisdictions in which Business is Located
  

Schedule 5.5

   -     Location of Assets
  

Schedule 5.8

   -     Leases of Real Property
  

Schedule 5.9

   -     Intellectual Property
  

Schedule 5.10

   -     Material Contracts
  

Schedule 5.12

   -     Licenses and Permits
  

Schedule 5.13A

   -     Regulatory Consents and Approvals
  

Schedule 5.13B

   -     Contractual Consents and Approvals
  

Schedule 5.16

   -     Changes
  

Schedule 5.17

   -     Legal and Regulatory Proceedings
  

Schedule 5.20

   -     Related Party Transactions
  

Schedule 5.22

   -     Employee Plans
  

Schedule 5.25

   -     Major Customers
  

Schedule 5.26

   -     Product Warranties
  2.2*    Amending Agreement, dated April 30, 2007, by and among RGC Canada Ltd., Redmond Group of Companies LP, 2064862 Ontario Inc., AVS Technologies Limited Partnership and SYNNEX Canada Limited.
23.1    Consent of Independent Auditors with respect to RGC Canada Ltd and Redmond Group of Companies LP.
99.1    Financial statements of RGC Canada Ltd. and Redmond Group of Companies LP as of and for the two years ended December 31, 2006.
99.2    Pro forma financial information as of February 28, 2007 and for the year ended November 30, 2006.

 

* Previously filed