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): April 30, 2004
OBSIDIAN ENTERPRISES, INC.
(Exact name of registrant as specified in its chapter)
Delaware 0-17430 35-2154335
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(State or other jurisdiction (Commission (IRS Employer
incorporation) File Number) Identification No.)
111 Monument Circle
Suite 4800
Indianapolis, Indiana 46204
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (317) 237-4122
N/A
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(Former name or former address, if changed since last report)
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS.
Effective as of the close of business on April 30, 2004, Obsidian
Enterprises, Inc. (the "Company"), acquired all of the outstanding shares of
capital stock of Classic Manufacturing, Inc. ("Classic"), a Michigan-based
manufacturer of open and enclosed trailers, for a purchase price of $ 2,250,000
in cash and 170,451 shares of the Company's Common Stock. The Classic shares
were acquired from Bradley J. Baker, Classic's Chief Executive Officer, and Wade
Wolf, Classic's President. The sources of the cash consideration paid by the
Company were working capital and funds borrowed under a Credit Agreement with
National City Bank of Indiana, a copy of which is attached to this Current
Report on Form 8-K.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(a) Financial statements of business acquired
Not applicable
(b) Pro forma financial information
Not applicable
(c) Exhibits
Exhibit No. Description
2.1 Stock Purchase Agreement, effective April 30, 2004, among Bradley J.
Baker, Wade Wolf, Classic Manufacturing, Inc. and Classic
Manufacturing Acquisition Corp., and Related Documents
10.1 Credit Agreement, dated as of April 28, 2004, between Classic
Manufacturing Acquisition Corp. and National City Bank of Indiana.
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 thereunto duly authorized.
OBSIDIAN ENTERPRISES, INC.
May 14, 2004 By: /s/ Rick D. Snow
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Date Rick D. Snow
EXHIBIT INDEX
Exhibit No. Description Incorporated by
Reference/Attached
2.1 Stock Purchase Agreement, effective April Attached
30, 2004, among Bradley J. Baker, Wade Wolf,
Classic Manufacturing, Inc. and Classic
Manufacturing Acquisition Corp., and Related
Documents
10.1 Credit Agreement, dated as of April 28, 2004, Attached
between Classic Manufacturing Acquisition Corp.
and National City Bank of Indiana.