form8k.htm
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): July 29, 2008
PRESSTEK,
INC.
(Exact
Name of Registrant as Specified in Its Charter)
Delaware
(State or
Other Jurisdiction of Incorporation)
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0-17541
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02-0415170
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(Commission
File Number)
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(IRS
Employer Identification No.)
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2
Greenwich Office Park
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Greenwich, Connecticut
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06831
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(Address
of Principal Executive Offices)
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(Zip
Code)
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(203)
485-7523
(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 obligation of the registrant under any of the following
provisions (see General Instruction
A.2. below):
o Written communications
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))
SECTION
1 – REGISTRANT’S BUSINESS AND OPERATIONS
Item
1.01 Entry in to a Material Definitive Agreement.
On July
29, 2008, Presstek, Inc. (the “Company”) entered into an amendment (the
“Amendment”) to the amended and restated credit agreement dated November 5, 2004
(as previously amended, the “Credit Agreement”) between the Company and certain
of its subsidiaries as borrower and guarantors, and RBS Citizens National
Association, Keybank National Association, TD Bank, N.A., as lenders. The
Company, which recently completed the sale of its Marana, Arizona property,
wishes to use such proceeds to pay down the principal balance of the term loan
and to change the amortization schedule of the term loan which was set forth in
the Credit Agreement. The Amendment amended the payment schedule of
such term loan to reduce the required quarterly installments from $1,750,000 to
$810,000 due on the last business day of March, June, September and December of
each year, with no installment due in September of 2008, and a final installment
of all remaining principal (approximately $834,000) due on November 4,
2009.
The
foregoing description of the Amendment is qualified in its entirety by reference
to the Amendment, a copy of which is attached to this report as Exhibit 99.1 and
is incorporated herein by reference.
SECTION
9 – FINANCIAL STATEMENTS AND EXHIBITS
Item
9.01 Financial Statements and Exhibits.
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Exhibit No.
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Description
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99.1
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Amendment
to Amended and Restated Credit
Agreement
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SIGNATURES
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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PRESSTEK,
INC.
(Registrant)
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Date:
July 31, 2008
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/s/
Jeffrey A. Cook
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Jeffrey
A. Cook
Executive
Vice President and Chief Financial
Officer
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EXHIBIT
INDEX
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Exhibit No.
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Description
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99.1
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Amendment
to Amended and Restated Credit
Agreement
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