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<font SIZE="2">
<p ALIGN="CENTER"><font face="Times New Roman">As filed with the Securities and
Exchange Commission on November 30, 2001</font></p>
<p ALIGN="RIGHT"><font face="Times New Roman">Registration No.
333-___________________</font></p>
<hr color="#000000">
<p ALIGN="CENTER"><font face="Times New Roman">SECURITIES AND EXCHANGE
COMMISSION<br>
WASHINGTON, D.C. 20549</font></p>
<p ALIGN="CENTER"><font face="Times New Roman">___________</font></p>
<p ALIGN="CENTER"><font face="Times New Roman">FORM S-8</font></p>
<p ALIGN="CENTER"><font face="Times New Roman">REGISTRATION STATEMENT UNDER<br>
THE SECURITIES ACT OF 1933</font></p>
<p ALIGN="CENTER"><font face="Times New Roman">___________</font></p>
<p ALIGN="CENTER"><font face="Times New Roman">SPEIZMAN INDUSTRIES, INC.<br>
</font></font><font size="2" face="Times New Roman">(Exact Name of Registrant as
Specified in its Charter)</font></p>
<font SIZE="2"></font>
<table BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="676">
  <tr>
    <td WIDTH="51%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">DELAWARE</font></font></td>
    <td WIDTH="49%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">56-0901212</font></font></td>
  </tr>
  <tr>
    <td WIDTH="51%" VALIGN="TOP">
      <p ALIGN="CENTER"><font size="2" face="Times New Roman">(State or Other
      Jurisdiction of Incorporation or Organization)</font></td>
    <td WIDTH="49%" VALIGN="TOP">
      <p ALIGN="CENTER"><font size="2" face="Times New Roman">(I.R.S. Employer
      Identification No.)</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="2"><font SIZE="2">
      <p ALIGN="CENTER">&nbsp;</p>
      <p ALIGN="CENTER"><font face="Times New Roman">701 Griffith Road<br>
      Charlotte, North Carolina 28217</font></font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="2">
      <p ALIGN="CENTER"><font size="2" face="Times New Roman">(Address of
      Principal Executive Offices, including Zip Code)</font></td>
  </tr>
</table>
<font SIZE="2">
<p ALIGN="CENTER"><font face="Times New Roman">SPEIZMAN INDUSTRIES, INC.<br>
2000 EQUITY COMPENSATION PLAN<br>
</font></font><font size="2" face="Times New Roman">(Full Title of the Plan)</font></p>
<font SIZE="2">
<p ALIGN="CENTER"><font face="Times New Roman">John C. Angelella<br>
Speizman Industries, Inc.<br>
701 Griffith Road<br>
Charlotte, North Carolina 28217<br>
(704) 559-5777<br>
</font></font><font size="2" face="Times New Roman">(Name, Address and Telephone
Number of Agent for Service)</font></p>
<p ALIGN="CENTER">&nbsp;</p>
<font SIZE="2">
<hr color="#000000" size="1">
<b>
<p ALIGN="CENTER"><font face="Times New Roman">CALCULATION OF REGISTRATION FEE</font></p>
</b>
<hr color="#000000" size="1">
</font>
<table BORDER="0" CELLSPACING="1" CELLPADDING="0" WIDTH="727">
  <tr>
    <td WIDTH="208" VALIGN="bottom"><font SIZE="1"></font>
      <p ALIGN="CENTER"><font size="2" face="Times New Roman">Title of
      Securities<br>
      to be Registered</font></td>
    <td WIDTH="103" VALIGN="bottom"><font SIZE="1"></font>
      <p ALIGN="CENTER"><font size="2" face="Times New Roman">Amount to be<br>
      Registered(1)</font></td>
    <td WIDTH="118" VALIGN="bottom">
      <p ALIGN="CENTER"><font size="2" face="Times New Roman">Proposed Maximum
      Offering Price<br>
      Per Share</font></td>
    <td WIDTH="131" VALIGN="bottom">
      <p ALIGN="CENTER"><font size="2" face="Times New Roman">Proposed Maximum
      Aggregate Offering Price</font></td>
    <td WIDTH="145" VALIGN="bottom"><font SIZE="1"></font>
      <p ALIGN="CENTER"><font size="2" face="Times New Roman">Amount of
      Registration Fee</font></td>
  </tr>
  <tr>
    <td WIDTH="208" VALIGN="TOP">
      <hr color="#000000" size="1" width="90%">
    </td>
    <td WIDTH="103" VALIGN="TOP">
      <hr color="#000000" size="1" width="90%">
    </td>
    <td WIDTH="118" VALIGN="TOP">
      <hr color="#000000" size="1" width="90%">
    </td>
    <td WIDTH="131" VALIGN="TOP">
      <hr color="#000000" size="1" width="90%">
    </td>
    <td WIDTH="145" VALIGN="TOP">
      <hr color="#000000" size="1" width="90%">
    </td>
  </tr>
  <tr>
    <td WIDTH="208" VALIGN="TOP">
      <p ALIGN="LEFT"><font size="2" face="Times New Roman">Common Stock, $0.10
      Par Value</font></td>
    <td WIDTH="103" VALIGN="TOP">
      <p ALIGN="right"><font size="2" face="Times New Roman">150,000&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>
      5,000&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></td>
    <td WIDTH="118" VALIGN="TOP">
      <p ALIGN="right"><font size="2" face="Times New Roman">$0.72(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>
      $0.5625(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></td>
    <td WIDTH="131" VALIGN="TOP">
      <p ALIGN="right"><font size="2" face="Times New Roman">$108,000(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>
      2,812.50(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></td>
    <td WIDTH="145" VALIGN="TOP">
      <p ALIGN="right"><font size="2" face="Times New Roman">$27.00(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>
      </font><font size="2" face="Times New Roman"><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.72(3)</u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="5" width="721">
      <p ALIGN="JUSTIFY"><font size="2" face="Times New Roman">Total
      Registration Fee $27.72</font></td>
  </tr>
</table>
<font SIZE="2">
<hr color="#000000" size="1">
<table border="0" width="756">
  <tr>
    <td width="30" valign="top">
      <p ALIGN="JUSTIFY"><font face="Times New Roman" SIZE="2">(1)</font></td>
    <td width="712">
      <p ALIGN="JUSTIFY"><font face="Times New Roman" SIZE="2">Plus such
      indeterminate number of additional shares of Common Stock of the
      Registrant as may be issuable as a result of stock splits, stock dividends
      or similar transactions as described in the 2000 Equity Compensation Plan.</font></td>
  </tr>
  <tr>
    <td width="30" valign="top">
      <p ALIGN="JUSTIFY"><font face="Times New Roman" SIZE="2">(2)</font></td>
    <td width="712">
      <p ALIGN="JUSTIFY"><font face="Times New Roman" SIZE="2">Pursuant to Rule
      457(c) and (h)(1) of Regulation C of the Securities Act of 1933, the price
      of $0.72 per share is the average of the high and low prices of the
      Common Stock as reported on the Nasdaq SmallCap Market on November 27,
      2001 and is set forth solely for purposes of calculating the filing fee
      for those shares without a fixed exercise price.</font></td>
  </tr>
  <tr>
    <td width="30" valign="top">
      <p ALIGN="JUSTIFY"><font face="Times New Roman" SIZE="2">(3)</font></td>
    <td width="712">
      <p ALIGN="JUSTIFY"><font face="Times New Roman" SIZE="2">Such shares are
      issuable upon exercise of an outstanding option with a fixed exercise
      price. Pursuant to Rule 457(h)(1) of Regulation C of the Securities Act of
      1933, the aggregate offering price and the fee have been computed upon the
      basis of the price at which the option may be exercised. The offering
      price per share set forth for such shares is the exercise price per share
      at which such option is exercisable.</font></td>
  </tr>
</table>

<hr color="#000080">
<DIV STYLE="page-break-before: always">&nbsp;</DIV>
<b>
<p ALIGN="CENTER"><font face="Times New Roman">PART I</font></p>
<p ALIGN="CENTER"><font face="Times New Roman">INFORMATION REQUIRED IN THE
SECTION 10(a) PROSPECTUS</font></b></p>

<p ALIGN="LEFT"><font face="Times New Roman">Item 1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Plan Information *</font></p>

<p ALIGN="JUSTIFY"><font face="Times New Roman">Item 2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Registrant Information
and Employee Plan Annual Information *</font></p>
<p ALIGN="LEFT"><font face="Times New Roman">____________</font></p>

<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Information required by Part I
to be contained in the Section 10(a) prospectus is omitted from this
Registration Statement in accordance with Rule 428 under the Securities Act of
1933, as amended, and the Note to Part I of Form S-8.</font></p>

<b>
<p ALIGN="CENTER"><font face="Times New Roman">PART II</font></p>
<p ALIGN="CENTER"><font face="Times New Roman">INFORMATION REQUIRED IN THE
REGISTRATION STATEMENT</font></p>
</b>

<p ALIGN="JUSTIFY"><font face="Times New Roman">Item 3.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Incorporation of Certain
Documents by Reference</font></p>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">Speizman Industries, Inc. (the
&quot;Registrant&quot;) hereby incorporates by reference in this Registration
Statement the following documents previously filed with the Securities and
Exchange Commission (the &quot;Commission&quot;):</font></p>
<dir>
<table border="0" width="695">
  <tr>
    <td valign="top" width="42">
      <p ALIGN="center"><font face="Times New Roman" size="2">(a)</font></p>
    </td>
    <td width="639">
      <p ALIGN="JUSTIFY"><font face="Times New Roman" size="2"> The Registrant&#146;s
      Annual Report on Form 10-K for the fiscal year ended July 1, 2001 filed
      with the Commission on September 28, 2001 pursuant to Section 13 of the
      Securities Act of 1934, as amended (the &quot;Exchange Act&quot;);</font></p>
    </td>
  </tr>
  <tr>
    <td valign="top" width="42">
      <p ALIGN="center"><font face="Times New Roman" SIZE="2">(b)</font></p>
    </td>
    <td width="639">
      <p ALIGN="JUSTIFY"><font face="Times New Roman" SIZE="2"> The Registrant&#146;s
      Quarterly Report on Form 10-Q for the fiscal quarter ended September 29,
      2001 filed with the Commission on November 13, 2001; and</font></p>
    </td>
  </tr>
  <tr>
    <td valign="top" width="42">
      <p ALIGN="center"><font face="Times New Roman" SIZE="2">(c)</font></p>
    </td>
    <td width="639">
      <p ALIGN="JUSTIFY"><font face="Times New Roman" SIZE="2"> The description of the
      Registrant&#146;s Common Stock, par value $.10 per share, contained in the
      Registrant&#146;s Registration Statement filed pursuant to Section 12 of the
      Exchange Act.</font></p>
    </td>
  </tr>
</table>
</dir>

<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">In addition, all documents
subsequently filed by the Registrant pursuant to Sections 13(a), 13(c), 14 and
15(d) of the Exchange Act, prior to the filing of a post-effective amendment
which indicates that all securities offered hereby have been sold or which
deregisters all securities then remaining unsold, shall be deemed to be
incorporated by reference in this Registration Statement and to be a part hereof
from the respective dates of filing of such documents. Any statement, including
financial statements, contained in a document incorporated or deemed to be
incorporated by reference herein shall be deemed to be modified or superseded
for purposes of this Registration Statement to the extent that a statement
contained herein or incorporated or deemed to be incorporated by reference
herein modifies or supersedes such statement. Any such statement so modified or
superseded shall not be deemed, except as so modified or superseded, to
constitute a part of this Registration Statement.</font></p>

<p ALIGN="JUSTIFY"><font face="Times New Roman">Item 4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Description of
Securities</font></p>

<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">&nbsp;&nbsp;Not applicable.</font></p>

<p ALIGN="JUSTIFY"><font face="Times New Roman">Item 5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interests of Named
Experts and Counsel</font></p>

<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">&nbsp;&nbsp;&nbsp;Not applicable.</font></p>

<p ALIGN="JUSTIFY"><font face="Times New Roman">Item 6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indemnification of
Directors and Officers</font></p>

<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">&nbsp;&nbsp;&nbsp;Article 8 of the Bylaws of the
Registrant provides as follows:</font></p>

<table border="0" width="756">
  <tr>
    <td width="121" valign="top">
      <p ALIGN="center"><font face="Times New Roman" size="2">8.1</font></p>

    </td>
    <td width="621">
      <p ALIGN="JUSTIFY"><font face="Times New Roman" size="2"> Indemnification of
      Directors, Officers and Others. The Corporation shall indemnify any person
      who was or is a party or is threatened to be made a party to any
      threatened, pending or completed action, suit or proceeding (including any
      action, suit or proceeding by or in the right of the Corporation) by
      reason of the fact that he is or was a director, officer, employee or
      agent of the corporation, or is or was serving at the request of the
      Corporation as a director, officer, employee or agent of another
      corporation, partnership, joint venture, trust or other enterprise,
      against all expenses (including attorneys' fees), judgments, fines, and
      amounts paid in settlement actually and reasonably incurred by him in
      connection with the defense or settlement of such action, suit or
      proceeding, to the fullest extent and in the manner set forth in and
      permitted by the General Corporation Law of the State of Delaware, as from
      time to time in effect, and any other applicable law, as from time to time
      in effect.</font></p>

    </td>
  </tr>
</table>
      <p ALIGN="center"><font face="Times New Roman">2</font></p>

<font SIZE="2">
<hr color="#000080">
<DIV STYLE="page-break-before: always">&nbsp;</DIV>
</font>
      <p ALIGN="JUSTIFY">&nbsp;</p>

<table border="0" width="756">
  <tr>
    <td width="121" valign="top">

      <p ALIGN="center"><font face="Times New Roman" size="2">8.2</font></p>

    </td>
    <td width="621">

      <p ALIGN="JUSTIFY"><font face="Times New Roman" size="2"> Authority of the
      Board. Any indemnification under Section 1 (unless ordered by a court)
      shall be made by the Corporation only as authorized in the specific case
      upon a determination that indemnification of the director, officer,
      employee or agent is proper in the circumstances because he has met the
      standard of conduct applicable under the General Corporation Law of the
      State of Delaware, as from time to time in effect, or any other applicable
      law, as from time to time in effect. Such determination shall be made (1)
      by the Board by a majority vote of a quorum consisting of directors who
      were not parties to such action, suit or proceeding, or (2) if such a
      quorum is not obtainable, or, even if obtainable a quorum of disinterested
      directors so directed, by independent legal counsel in a written opinion,
      or (3) by the stockholders.</font></p>

    </td>
  </tr>
  <tr>
    <td width="121" valign="top">

      <p ALIGN="center"><font face="Times New Roman" size="2">8.3</font></p>

    </td>
    <td width="621">

      <p ALIGN="JUSTIFY"><font face="Times New Roman" size="2"> Advance of Expenses.
      Expenses incurred in defending a civil or criminal action, suit or
      proceeding may be paid by the Corporation in advance of the final
      disposition of such action, suit or proceeding as authorized by the Board
      in the specific case upon receipt of an undertaking by or on behalf of the
      director, officer, employee or agent to repay such amount unless it shall
      ultimately be determined that he is entitled to be indemnified by the
      Corporation as authorized in this Article.</font></p>

    </td>
  </tr>
  <tr>
    <td width="121" valign="top">

      <p ALIGN="center"><font face="Times New Roman" size="2">8.4</font></p>

    </td>
    <td width="621">

      <p ALIGN="JUSTIFY"><font face="Times New Roman" size="2"> Indemnification Not
      exclusive. The rights of indemnification provided by this Article shall
      not be deemed exclusive of any other rights to which such director,
      officer, employee or agent may be entitled apart from the foregoing
      provisions and shall continue as to any such person who has ceased to be a
      director, officer, employee or agent and shall inure to the benefit of the
      heirs, executors and administrators of each such person. The foregoing
      provisions of this Article 8 shall be deemed to be a contract between the
      Corporation and each director, officer, employee or agent who serves in
      such capacity at any time while this Article 8 and the relevant provisions
      of the General Corporation Law of the State of Delaware and other
      applicable law, if any, are in effect, and any repeal or modification
      thereof shall not affect any rights or obligations then existing with
      respect to any state of acts then or theretofore existing or any action,
      suit or proceeding theretofore or thereafter brought or threatened based
      in whole or in part upon any such state of facts.</font></p>

    </td>
  </tr>
</table>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">The Seventh Article of the
Certificate of Incorporation of the Registrant, provides the following:</font></p>

<blockquote>
  <blockquote>
    <p ALIGN="JUSTIFY"><font face="Times New Roman">SEVENTH: (a) The Corporation
    shall indemnify any person who was or is a party or is threatened to be made
    a party to any threatened, pending or completed action, suit or proceeding
    (including any action, suit or proceeding by or in the right of the
    Corporation) by reason of the fact that he is or was a director, officer,
    employee, or agent of the Corporation, or is or was serving at the request
    of the Corporation as a director, officer, employee or agent of another
    corporation, partnership, joint venture, trust or other enterprise, against
    all expenses (including attorneys' fees), judgments, fines, and amounts paid
    in settlement actually and reasonably incurred by him in connection with the
    defense or settlement of such action, suit or proceeding, to the fullest
    extent and in the manner set forth in and permitted by the General
    Corporation Law of the State of Delaware, as from time to time in effect,
    and any other applicable law, as from time to time in effect.</font></p>

    <p ALIGN="JUSTIFY"><font face="Times New Roman">(b) The rights of the
    indemnification provided by this Article Seventh shall not be deemed
    exclusive of any other rights to which such director, officer, employee or
    agent may be entitled apart from the foregoing provisions and shall continue
    as to any such person who has ceased to be a director, officer, employee or
    agent and shall inure to the benefit of the heirs, executors and
    administrators of each such person. The foregoing provisions of this Article
    Seventh shall be deemed to be a contract between the Corporation and each
    director, officer, employee or agent who serves in such capacity at any time
    while this Article Seventh and the relevant provisions of the General
    Corporation Law of the State of Delaware and other applicable law, if any,
    are in effect, and any repeal or modification thereof shall not affect any
    rights or obligations then existing with respect to any state of facts then
    or theretofore existing or any action, suit or proceeding theretofore or
    thereafter brought or threatened based in whole or in part upon any such
    state of facts.</font></p>

  </blockquote>
</blockquote>
<font SIZE="2">
      <p ALIGN="center"><font face="Times New Roman">3</font></p>

<hr color="#000080">
<DIV STYLE="page-break-before: always">&nbsp;</DIV>

</font>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">Section 145 of the Delaware
General Corporation Law provides that a corporation may indemnify directors and
officers as well as other employees and individuals against expenses (including
attorneys&#146; fees), judgments, fines and amounts paid in settlement actually and
reasonably incurred by such person in connection with any threatened, pending or
completed actions, suits or proceedings in which such person is made a party by
reason of such person being or having been a director, officer, employee or
agent to the Registrant. The Delaware General Corporation Law provides that
Section 145 is not exclusive of other rights to which those seeking
indemnification may be entitled under any bylaw, agreement, vote of stockholders
or disinterested directors or otherwise. Article Eighth of the Registrant&#146;s
Certificate of Incorporation provides for indemnification by the Registrant of
its directors, officers and employees to the fullest extent permitted by the
Delaware General Corporation Law.</font></p>

<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">Section 102(b)(7) of the
Delaware General Corporation Law permits a corporation to provide in its
certificate of incorporation that a director of the corporation shall not be
personally liable to the corporation or its stockholders for monetary damages
for breach of fiduciary duty as a director, except for liability (i) for any
breach of the director's duty of loyalty to the corporation or its stockholders,
(ii) for acts or omissions not in good faith or which involve intentional
misconduct or a knowing violation of law, (iii) for unlawful payments of
dividends or unlawful stock repurchases, redemptions or other distributions, or
(iv) for any transaction from which the director derived an improper personal
benefit. Article Ninth of the Registrant&#146;s Certificate of Incorporation
provides for such limitation of liability.</font></p>

<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">The Registrant also maintains a
directors and officers liability policy which insures such persons against
claims arising from certain acts or decisions by them in their capacities as
directors and officers of the Registrant, subject to certain exclusions and
deductible and maximum amounts.</font></p>

<p ALIGN="JUSTIFY"><font face="Times New Roman">Item 7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exemption From
Registration Claimed</font></p>

<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">&nbsp;Not applicable.</font></p>

<p ALIGN="JUSTIFY"><font face="Times New Roman">Item
8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exhibits</font></p>

<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">The following exhibits, listed
in accordance with the number assigned to each in the exhibit table of Item 601
of Regulation S-K, are included in Part II of this Registration Statement.
Exhibit numbers omitted are not applicable.</font></p>

</font>
<table BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="676">
  <tr>
    <td WIDTH="13%" VALIGN="TOP"><b><u><font SIZE="2">
      <p ALIGN="LEFT"><font face="Times New Roman">Exhibit No.</font></font></u></b></td>
    <td WIDTH="87%" VALIGN="TOP"><b><u><font SIZE="2">
      <p ALIGN="LEFT"><font face="Times New Roman">Description</font></font></u></b></td>
  </tr>
  <tr>
    <td WIDTH="13%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="87%" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="13%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="JUSTIFY"><font face="Times New Roman">&nbsp;&nbsp;5</font></font></td>
    <td WIDTH="87%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="LEFT"><font face="Times New Roman">Legal opinion of Kilpatrick
      Stockton LLP.</font></font></td>
  </tr>
  <tr>
    <td WIDTH="13%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="JUSTIFY"><font face="Times New Roman">23.1</font></font></td>
    <td WIDTH="87%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="LEFT"><font face="Times New Roman">Consent of BDO Seidman, LLP.</font></font></td>
  </tr>
  <tr>
    <td WIDTH="13%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="JUSTIFY"><font face="Times New Roman">23.2</font></font></td>
    <td WIDTH="87%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="LEFT"><font face="Times New Roman">Consent of Kilpatrick
      Stockton LLP (Contained in Exhibit 5).</font></font></td>
  </tr>
  <tr>
    <td WIDTH="13%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="JUSTIFY"><font face="Times New Roman">24</font></font></td>
    <td WIDTH="87%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="LEFT"><font face="Times New Roman">Power of Attorney (Contained
      on signature page).</font></font></td>
  </tr>
  <tr>
    <td WIDTH="13%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="JUSTIFY"><font face="Times New Roman">99</font></font></td>
    <td WIDTH="87%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="LEFT"><font face="Times New Roman">Speizman Industries, Inc.
      2000 Equity Compensation Plan (Incorporated by reference to Exhibit 10.23
      to the Registrant&#146;s Annual Report on Form 10-K for the fiscal year ended
      July 1, 2001, File No. 0-8544).</font></font></td>
  </tr>
</table>
<font SIZE="2">

<p ALIGN="JUSTIFY"><font face="Times New Roman">Item 9.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Undertakings</font></p>

<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">The undersigned Registrant
hereby undertakes:</font></p>

<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To file, during any period
in which offers or sales are being made, a post-effective amendment to this
Registration Statement:</font></p>

<dir>
<table border="0" width="756">
  <tr>
    <td width="47" valign="top">
      <p ALIGN="JUSTIFY"><font face="Times New Roman" size="2">(a)</font></p>

    </td>
    <td width="695">
      <p ALIGN="JUSTIFY"><font face="Times New Roman" size="2"> To include any
      prospectus required by Section 10(a)(3) of the Securities Act of 1933;</font></p>

    </td>
  </tr>
  <tr>
    <td width="47" valign="top">

      <p ALIGN="JUSTIFY"><font face="Times New Roman" size="2">(b)</font></p>

    </td>
    <td width="695">

      <p ALIGN="JUSTIFY"><font face="Times New Roman" size="2"> To reflect in the
      prospectus any facts or events arising after the effective date of this
      Registration Statement (or the most recent post-effective amendment
      hereof) which, individually or in the aggregate, represent a fundamental
      change in the information set forth in this Registration Statement;</font></p>

    </td>
  </tr>
  <tr>
    <td width="47" valign="top">

      <p ALIGN="JUSTIFY"><font face="Times New Roman" size="2">(c)</font></p>

    </td>
    <td width="695">

      <p ALIGN="JUSTIFY"><font face="Times New Roman" size="2"> To include any
      material information with respect to the plan of distribution not
      previously disclosed in this Registration Statement or any material change
      to such information in this Registration Statement;</font></p>

    </td>
  </tr>
</table>
</dir>
      <p ALIGN="center">4</p>

<hr color="#000080">
<DIV STYLE="page-break-before: always">&nbsp;</DIV>

<p ALIGN="JUSTIFY">&nbsp;</p>

<p ALIGN="JUSTIFY"><font face="Times New Roman">provided, however, that
paragraphs (1)(a) and (1)(b) do not apply if the information required to be
included in a post-effective amendment by those paragraphs is contained in
periodic reports filed by the Registrant pursuant to Section 13 or Section 15(d)
of the Securities Exchange Act of 1934 that are incorporated by reference in
this Registration Statement.</font></p>

<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;That, for the purpose of
determining any liability under the Securities Act each such post-effective
amendment shall be deemed to be a new registration statement relating to the
securities offered therein, and the offering of such securities at that time
shall be deemed to be the initial bona fide offering thereof.</font></p>

<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To remove from registration
by means of a post-effective amendment any of the securities being registered
which remain unsold at the termination of the offering.</font></p>

<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">The undersigned Registrant
hereby undertakes that, for purposes of determining any liability under the
Securities Act, each filing of the Registrant's annual report pursuant to
Section 13(a) or 15(d) of the Exchange Act (and, where applicable, each filing
of an employee benefit plan's annual report pursuant to Section 15(d) of the
Exchange Act) that is incorporated by reference in the Registration Statement
shall be deemed to be a new registration statement relating to the securities
offered therein, and the offering of such securities at that time shall be
deemed to be in the initial bona fide offering thereof.</font></p>

<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">Insofar as indemnification for
liabilities arising under the Securities Act may be permitted to directors,
officers and controlling persons of the Registrant pursuant to the foregoing
provisions, or otherwise, the Registrant has been advised that in the opinion of
the Securities and Exchange Commission such indemnification is against public
policy as expressed in the Securities Act and is, therefore, unenforceable. In
the event that a claim for indemnification against such liabilities (other than
the payment by the Registrant of expenses incurred or paid by a director,
officer or controlling person of the Registrant in the successful defense of any
action, suit or proceeding) is asserted by such director, officer or controlling
person in connection with the securities being registered, the Registrant will,
unless in the opinion of its counsel the matter has been settled by controlling
precedent, submit to a court of appropriate jurisdiction the question whether
such indemnification by it is against public policy as expressed in the
Securities Act, and the right to indemnification will be governed by the final
adjudication of such issue.</font></p>
<p ALIGN="CENTER">&nbsp;</p>
<p ALIGN="left">&nbsp;</p>
      <p ALIGN="center">5</p>

<hr color="#000080">
<DIV STYLE="page-break-before: always">&nbsp;</DIV>

<b>
<p ALIGN="CENTER"><font face="Times New Roman">SIGNATURES</font></p>
</b>

<p ALIGN="JUSTIFY"><font face="Times New Roman">Pursuant to the requirements of
the Securities Act of 1933, as amended, the Registrant certifies that it has
reasonable grounds to believe that it meets all the requirements for filing on
Form S-8 and has duly caused this Registration Statement to be signed on its
behalf by the undersigned, thereunto duly authorized, in the City of Charlotte,
State of North Carolina, on this 17th day of September, 2001.</font></p>


<p>&nbsp;</p>
<table border="0" width="756">
  <tr>
    <td width="374"></td>
    <td width="368">


<p ALIGN="LEFT"><font face="Times New Roman" size="2">SPEIZMAN INDUSTRIES, INC.</font></p>


</font>


<p ALIGN="LEFT"><font size="2"><font face="Times New Roman">By:</font><u><font face="Times New Roman">
/s/ Robert S. Speizman&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>
</font>
</u>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<font face="Times New Roman">Robert S. Speizman, President</font></font></p>
  </td>
</tr>
</table>
<font SIZE="2">
<p ALIGN="LEFT">&nbsp;</p>

<p ALIGN="center"><font face="Times New Roman"><b>Power of Attorney</b></font></p>

<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">KNOW ALL MEN BY THESE PRESENTS
that each individual whose signature appears below constitutes and appoints
Robert S. Speizman and John C. Angelella, and each of them, his true and lawful
attorney-in-fact and agents with full power of substitution and resubstitution,
for him and in his name, place and stead, in any and all capacities, to sign any
and all amendments (including post-effective amendments) to this Registration
Statement, and to file the same, with all exhibits thereto, and all documents in
connection therewith, with the Securities and Exchange Commission, granting unto
said attorney-in-fact and agents, full power and authority to do and perform
each and every act and thing requisite and necessary to be done in and about the
premises, as fully to all intents and purposes as he might or could do in
person, hereby ratifying and confirming all that said attorney-in-fact and
agents, or their substitutes, may lawfully do or cause to be done by virtue
hereof.</font></p>

<p ALIGN="LEFT" style="text-indent: 60"><font face="Times New Roman">Pursuant to the requirements of the
Securities Act of 1933, this Registration Statement has been signed by the
following persons in the capacities and on the dates indicated.</font></p>

</font>
<table BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="676">
  <tr>
    <td WIDTH="33%" VALIGN="TOP"><b><u><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">Name</font></font></u></b></td>
    <td WIDTH="33%" VALIGN="TOP"><b><u><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">Title</font></font></u></b></td>
    <td WIDTH="33%" VALIGN="TOP"><b><u><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">Date</font></font></u></b></td>
  </tr>
  <tr>
    <td WIDTH="33%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="33%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="33%" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="33%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">/s/ Robert S. Speizman
      <hr color="#000000" size="1" width="90%">
      <center>Robert S. Speizman</center></font></font>
    </td>
    <td WIDTH="33%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="LEFT"><font face="Times New Roman">President (Principal
      Executive Officer)<br>
      and Director</font></font></p>
    </td>
    <td WIDTH="33%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">September 17, 2001</font></font></td>
  </tr>
  <tr>
    <td WIDTH="33%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="33%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="33%" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="33%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">/s/ John C. Angelella
      <font face="Times New Roman">
      <hr color="#000000" size="1" width="90%">
      </font>
      <center>John C. Angelella</center></font></font></td>
    <td WIDTH="33%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="LEFT"><font face="Times New Roman">Chief Financial Officer and
      Secretary<br>
      (Principal Financial and Accounting<br>
      Officer)</font></font></td>
    <td WIDTH="33%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">September 17, 2001</font></font></td>
  </tr>
  <tr>
    <td WIDTH="33%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="33%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="33%" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="33%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">/s/ William Gorelick
      <font face="Times New Roman">
      <hr color="#000000" size="1" width="90%">
      </font>
      <center>William Gorelick</center></font></font></td>
    <td WIDTH="33%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="JUSTIFY"><font face="Times New Roman">Director</font></font></td>
    <td WIDTH="33%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">September 17, 2001</font></font></td>
  </tr>
  <tr>
    <td WIDTH="33%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="33%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="33%" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="33%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">/s/ Scott Lea
      <font face="Times New Roman">
      <hr color="#000000" size="1" width="90%">
      </font>
      <center>Scott Lea</center></font></font></td>
    <td WIDTH="33%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="JUSTIFY"><font face="Times New Roman">Director</font></font></td>
    <td WIDTH="33%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">September 17, 2001</font></font></td>
  </tr>
  <tr>
    <td WIDTH="33%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="33%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="33%" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="33%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">/s/ Jon P. Brady
      <font face="Times New Roman">
      <hr color="#000000" size="1" width="90%">
      </font>
      <center>Jon P. Brady</center></font></font></td>
    <td WIDTH="33%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="JUSTIFY"><font face="Times New Roman">Director</font></font></td>
    <td WIDTH="33%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">September 18, 2001</font></font></td>
  </tr>
  <tr>
    <td WIDTH="33%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="33%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="33%" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="33%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">/s/ Josef Sklut
      <font face="Times New Roman">
      <hr color="#000000" size="1" width="90%">
      </font>
      <center>Josef Sklut</center></font></font></td>
    <td WIDTH="33%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="JUSTIFY"><font face="Times New Roman">Director</font></font></td>
    <td WIDTH="33%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">September 18, 2001</font></font></td>
  </tr>
</table>
<font SIZE="2">


<b>
<p ALIGN="left">&nbsp;</p>
</b>

      <p ALIGN="center">6</p>


<b>

<hr color="#000080">
<DIV STYLE="page-break-before: always">&nbsp;</DIV>

<p ALIGN="CENTER"><font face="Times New Roman">EXHIBIT INDEX</font></p>
</b>

</font>
<table BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="676">
  <tr>
    <td WIDTH="13%" VALIGN="TOP"><b><u><font SIZE="2">
      <p ALIGN="LEFT"><font face="Times New Roman">Exhibit No.</font></font></u></b></td>
    <td WIDTH="87%" VALIGN="TOP"><b><u><font SIZE="2">
      <p ALIGN="LEFT"><font face="Times New Roman">Description</font></font></u></b></td>
  </tr>
  <tr>
    <td WIDTH="13%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="87%" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="13%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="JUSTIFY"><font face="Times New Roman">&nbsp;&nbsp;5</font></font></td>
    <td WIDTH="87%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="LEFT"><font face="Times New Roman">Legal opinion of Kilpatrick
      Stockton LLP.</font></font></td>
  </tr>
  <tr>
    <td WIDTH="13%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="JUSTIFY"><font face="Times New Roman">23.1</font></font></td>
    <td WIDTH="87%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="LEFT"><font face="Times New Roman">Consent of BDO Seidman, LLP.</font></font></td>
  </tr>
  <tr>
    <td WIDTH="13%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="JUSTIFY"><font face="Times New Roman">23.2</font></font></td>
    <td WIDTH="87%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="LEFT"><font face="Times New Roman">Consent of Kilpatrick
      Stockton LLP (Contained in Exhibit 5).</font></font></td>
  </tr>
  <tr>
    <td WIDTH="13%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="JUSTIFY"><font face="Times New Roman">24</font></font></td>
    <td WIDTH="87%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="LEFT"><font face="Times New Roman">Power of Attorney (Contained
      on signature page).</font></font></td>
  </tr>
  <tr>
    <td WIDTH="13%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="JUSTIFY"><font face="Times New Roman">99</font></font></td>
    <td WIDTH="87%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="LEFT"><font face="Times New Roman">Speizman Industries, Inc.
      2000 Equity Compensation Plan (Incorporated by reference to Exhibit 10.23
      to the Registrant&#146;s Annual Report on Form 10-K for the fiscal year ended
      July 1, 2001, File No. 0-8544).</font></font></td>
  </tr>
</table>
<font SIZE="4">

</font>
<p ALIGN="LEFT"><font size="2" face="Times New Roman">:.</font></p>
<font SIZE="4">

</font>

</body>

</html>
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{"company-data": {"conformed-name": "SPEIZMAN INDUSTRIES INC", "cik": "0000092827", "assigned-sic": "5084", "irs-number": "560901212", "state-of-incorporation": "DE", "fiscal-year-end": "0703"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-74292", "film-number": "1804230"}, "business-address": {"street1": "701 GRIFFITH ROAD", "city": "CHARLOTTE", "state": "NC", "zip": "28217", "phone": "7045595777"}, "mail-address": {"street1": "P. O. BOX 242108", "city": "CHARLOTTE", "state": "NC", "zip": "28224"}}
Prepared by Kilpatrick Stockton Edgar Services
As filed with the Securities and
Exchange Commission on November 30, 2001
Registration No.
333-___________________
SECURITIES AND EXCHANGE
COMMISSION
WASHINGTON, D.C. 20549
___________
FORM S-8
REGISTRATION STATEMENT UNDER
THE SECURITIES ACT OF 1933
___________
SPEIZMAN INDUSTRIES, INC.
(Exact Name of Registrant as
Specified in its Charter)
DELAWARE
56-0901212
(State or Other
      Jurisdiction of Incorporation or Organization)
(I.R.S. Employer
      Identification No.)
701 Griffith Road
Charlotte, North Carolina 28217
(Address of
      Principal Executive Offices, including Zip Code)
SPEIZMAN INDUSTRIES, INC.
2000 EQUITY COMPENSATION PLAN
(Full Title of the Plan)
John C. Angelella
Speizman Industries, Inc.
701 Griffith Road
Charlotte, North Carolina 28217
(704) 559-5777
(Name, Address and Telephone
Number of Agent for Service)
CALCULATION OF REGISTRATION FEE
Title of
      Securities
to be Registered
Amount to be
Registered(1)
Proposed Maximum
      Offering Price
Per Share
Proposed Maximum
      Aggregate Offering Price
Amount of
      Registration Fee
Common Stock, $0.10
      Par Value
150,000
5,000
$0.72(2)
$0.5625(3)
$108,000(2)
2,812.50(3)
$27.00(2)
0.72(3)
Total
      Registration Fee $27.72
(1)
Plus such
      indeterminate number of additional shares of Common Stock of the
      Registrant as may be issuable as a result of stock splits, stock dividends
      or similar transactions as described in the 2000 Equity Compensation Plan.
(2)
Pursuant to Rule
      457(c) and (h)(1) of Regulation C of the Securities Act of 1933, the price
      of $0.72 per share is the average of the high and low prices of the
      Common Stock as reported on the Nasdaq SmallCap Market on November 27,
      2001 and is set forth solely for purposes of calculating the filing fee
      for those shares without a fixed exercise price.
(3)
Such shares are
      issuable upon exercise of an outstanding option with a fixed exercise
      price. Pursuant to Rule 457(h)(1) of Regulation C of the Securities Act of
      1933, the aggregate offering price and the fee have been computed upon the
      basis of the price at which the option may be exercised. The offering
      price per share set forth for such shares is the exercise price per share
      at which such option is exercisable.
PART I
INFORMATION REQUIRED IN THE
SECTION 10(a) PROSPECTUS
Item 1.         Plan Information *
Item 2.         Registrant Information
and Employee Plan Annual Information *
____________
*     Information required by Part I
to be contained in the Section 10(a) prospectus is omitted from this
Registration Statement in accordance with Rule 428 under the Securities Act of
1933, as amended, and the Note to Part I of Form S-8.
PART II
INFORMATION REQUIRED IN THE
REGISTRATION STATEMENT
Item 3.
        Incorporation of Certain
Documents by Reference
Speizman Industries, Inc. (the
"Registrant") hereby incorporates by reference in this Registration
Statement the following documents previously filed with the Securities and
Exchange Commission (the "Commission"):
(a)
The Registrant's
      Annual Report on Form 10-K for the fiscal year ended July 1, 2001 filed
      with the Commission on September 28, 2001 pursuant to Section 13 of the
      Securities Act of 1934, as amended (the "Exchange Act");
(b)
The Registrant's
      Quarterly Report on Form 10-Q for the fiscal quarter ended September 29,
      2001 filed with the Commission on November 13, 2001; and
(c)
The description of the
      Registrant's Common Stock, par value $.10 per share, contained in the
      Registrant's Registration Statement filed pursuant to Section 12 of the
      Exchange Act.
In addition, all documents
subsequently filed by the Registrant pursuant to Sections 13(a), 13(c), 14 and
15(d) of the Exchange Act, prior to the filing of a post-effective amendment
which indicates that all securities offered hereby have been sold or which
deregisters all securities then remaining unsold, shall be deemed to be
incorporated by reference in this Registration Statement and to be a part hereof
from the respective dates of filing of such documents. Any statement, including
financial statements, contained in a document incorporated or deemed to be
incorporated by reference herein shall be deemed to be modified or superseded
for purposes of this Registration Statement to the extent that a statement
contained herein or incorporated or deemed to be incorporated by reference
herein modifies or supersedes such statement. Any such statement so modified or
superseded shall not be deemed, except as so modified or superseded, to
constitute a part of this Registration Statement.
Item 4.        Description of
Securities
Not applicable.
Item 5.         Interests of Named
Experts and Counsel
Not applicable.
Item 6.         Indemnification of
Directors and Officers
Article 8 of the Bylaws of the
Registrant provides as follows:
8.1
Indemnification of
      Directors, Officers and Others. The Corporation shall indemnify any person
      who was or is a party or is threatened to be made a party to any
      threatened, pending or completed action, suit or proceeding (including any
      action, suit or proceeding by or in the right of the Corporation) by
      reason of the fact that he is or was a director, officer, employee or
      agent of the corporation, or is or was serving at the request of the
      Corporation as a director, officer, employee or agent of another
      corporation, partnership, joint venture, trust or other enterprise,
      against all expenses (including attorneys' fees), judgments, fines, and
      amounts paid in settlement actually and reasonably incurred by him in
      connection with the defense or settlement of such action, suit or
      proceeding, to the fullest extent and in the manner set forth in and
      permitted by the General Corporation Law of the State of Delaware, as from
      time to time in effect, and any other applicable law, as from time to time
      in effect.
2
8.2
Authority of the
      Board. Any indemnification under Section 1 (unless ordered by a court)
      shall be made by the Corporation only as authorized in the specific case
      upon a determination that indemnification of the director, officer,
      employee or agent is proper in the circumstances because he has met the
      standard of conduct applicable under the General Corporation Law of the
      State of Delaware, as from time to time in effect, or any other applicable
      law, as from time to time in effect. Such determination shall be made (1)
      by the Board by a majority vote of a quorum consisting of directors who
      were not parties to such action, suit or proceeding, or (2) if such a
      quorum is not obtainable, or, even if obtainable a quorum of disinterested
      directors so directed, by independent legal counsel in a written opinion,
      or (3) by the stockholders.
8.3
Advance of Expenses.
      Expenses incurred in defending a civil or criminal action, suit or
      proceeding may be paid by the Corporation in advance of the final
      disposition of such action, suit or proceeding as authorized by the Board
      in the specific case upon receipt of an undertaking by or on behalf of the
      director, officer, employee or agent to repay such amount unless it shall
      ultimately be determined that he is entitled to be indemnified by the
      Corporation as authorized in this Article.
8.4
Indemnification Not
      exclusive. The rights of indemnification provided by this Article shall
      not be deemed exclusive of any other rights to which such director,
      officer, employee or agent may be entitled apart from the foregoing
      provisions and shall continue as to any such person who has ceased to be a
      director, officer, employee or agent and shall inure to the benefit of the
      heirs, executors and administrators of each such person. The foregoing
      provisions of this Article 8 shall be deemed to be a contract between the
      Corporation and each director, officer, employee or agent who serves in
      such capacity at any time while this Article 8 and the relevant provisions
      of the General Corporation Law of the State of Delaware and other
      applicable law, if any, are in effect, and any repeal or modification
      thereof shall not affect any rights or obligations then existing with
      respect to any state of acts then or theretofore existing or any action,
      suit or proceeding theretofore or thereafter brought or threatened based
      in whole or in part upon any such state of facts.
The Seventh Article of the
Certificate of Incorporation of the Registrant, provides the following:
SEVENTH: (a) The Corporation
    shall indemnify any person who was or is a party or is threatened to be made
    a party to any threatened, pending or completed action, suit or proceeding
    (including any action, suit or proceeding by or in the right of the
    Corporation) by reason of the fact that he is or was a director, officer,
    employee, or agent of the Corporation, or is or was serving at the request
    of the Corporation as a director, officer, employee or agent of another
    corporation, partnership, joint venture, trust or other enterprise, against
    all expenses (including attorneys' fees), judgments, fines, and amounts paid
    in settlement actually and reasonably incurred by him in connection with the
    defense or settlement of such action, suit or proceeding, to the fullest
    extent and in the manner set forth in and permitted by the General
    Corporation Law of the State of Delaware, as from time to time in effect,
    and any other applicable law, as from time to time in effect.
(b) The rights of the
    indemnification provided by this Article Seventh shall not be deemed
    exclusive of any other rights to which such director, officer, employee or
    agent may be entitled apart from the foregoing provisions and shall continue
    as to any such person who has ceased to be a director, officer, employee or
    agent and shall inure to the benefit of the heirs, executors and
    administrators of each such person. The foregoing provisions of this Article
    Seventh shall be deemed to be a contract between the Corporation and each
    director, officer, employee or agent who serves in such capacity at any time
    while this Article Seventh and the relevant provisions of the General
    Corporation Law of the State of Delaware and other applicable law, if any,
    are in effect, and any repeal or modification thereof shall not affect any
    rights or obligations then existing with respect to any state of facts then
    or theretofore existing or any action, suit or proceeding theretofore or
    thereafter brought or threatened based in whole or in part upon any such
    state of facts.
3
Section 145 of the Delaware
General Corporation Law provides that a corporation may indemnify directors and
officers as well as other employees and individuals against expenses (including
attorneys' fees), judgments, fines and amounts paid in settlement actually and
reasonably incurred by such person in connection with any threatened, pending or
completed actions, suits or proceedings in which such person is made a party by
reason of such person being or having been a director, officer, employee or
agent to the Registrant. The Delaware General Corporation Law provides that
Section 145 is not exclusive of other rights to which those seeking
indemnification may be entitled under any bylaw, agreement, vote of stockholders
or disinterested directors or otherwise. Article Eighth of the Registrant's
Certificate of Incorporation provides for indemnification by the Registrant of
its directors, officers and employees to the fullest extent permitted by the
Delaware General Corporation Law.
Section 102(b)(7) of the
Delaware General Corporation Law permits a corporation to provide in its
certificate of incorporation that a director of the corporation shall not be
personally liable to the corporation or its stockholders for monetary damages
for breach of fiduciary duty as a director, except for liability (i) for any
breach of the director's duty of loyalty to the corporation or its stockholders,
(ii) for acts or omissions not in good faith or which involve intentional
misconduct or a knowing violation of law, (iii) for unlawful payments of
dividends or unlawful stock repurchases, redemptions or other distributions, or
(iv) for any transaction from which the director derived an improper personal
benefit. Article Ninth of the Registrant's Certificate of Incorporation
provides for such limitation of liability.
The Registrant also maintains a
directors and officers liability policy which insures such persons against
claims arising from certain acts or decisions by them in their capacities as
directors and officers of the Registrant, subject to certain exclusions and
deductible and maximum amounts.
Item 7.         Exemption From
Registration Claimed
Not applicable.
Item
8.         Exhibits
The following exhibits, listed
in accordance with the number assigned to each in the exhibit table of Item 601
of Regulation S-K, are included in Part II of this Registration Statement.
Exhibit numbers omitted are not applicable.
Exhibit No.
Description
5
Legal opinion of Kilpatrick
      Stockton LLP.
23.1
Consent of BDO Seidman, LLP.
23.2
Consent of Kilpatrick
      Stockton LLP (Contained in Exhibit 5).
24
Power of Attorney (Contained
      on signature page).
99
Speizman Industries, Inc.
      2000 Equity Compensation Plan (Incorporated by reference to Exhibit 10.23
      to the Registrant's Annual Report on Form 10-K for the fiscal year ended
      July 1, 2001, File No. 0-8544).
Item 9.         Undertakings
The undersigned Registrant
hereby undertakes:
(1)          To file, during any period
in which offers or sales are being made, a post-effective amendment to this
Registration Statement:
(a)
To include any
      prospectus required by Section 10(a)(3) of the Securities Act of 1933;
(b)
To reflect in the
      prospectus any facts or events arising after the effective date of this
      Registration Statement (or the most recent post-effective amendment
      hereof) which, individually or in the aggregate, represent a fundamental
      change in the information set forth in this Registration Statement;
(c)
To include any
      material information with respect to the plan of distribution not
      previously disclosed in this Registration Statement or any material change
      to such information in this Registration Statement;
4
provided, however, that
paragraphs (1)(a) and (1)(b) do not apply if the information required to be
included in a post-effective amendment by those paragraphs is contained in
periodic reports filed by the Registrant pursuant to Section 13 or Section 15(d)
of the Securities Exchange Act of 1934 that are incorporated by reference in
this Registration Statement.
(2)     That, for the purpose of
determining any liability under the Securities Act each such post-effective
amendment shall be deemed to be a new registration statement relating to the
securities offered therein, and the offering of such securities at that time
shall be deemed to be the initial bona fide offering thereof.
(3)     To remove from registration
by means of a post-effective amendment any of the securities being registered
which remain unsold at the termination of the offering.
The undersigned Registrant
hereby undertakes that, for purposes of determining any liability under the
Securities Act, each filing of the Registrant's annual report pursuant to
Section 13(a) or 15(d) of the Exchange Act (and, where applicable, each filing
of an employee benefit plan's annual report pursuant to Section 15(d) of the
Exchange Act) that is incorporated by reference in the Registration Statement
shall be deemed to be a new registration statement relating to the securities
offered therein, and the offering of such securities at that time shall be
deemed to be in the initial bona fide offering thereof.
Insofar as indemnification for
liabilities arising under the Securities Act may be permitted to directors,
officers and controlling persons of the Registrant pursuant to the foregoing
provisions, or otherwise, the Registrant has been advised that in the opinion of
the Securities and Exchange Commission such indemnification is against public
policy as expressed in the Securities Act and is, therefore, unenforceable. In
the event that a claim for indemnification against such liabilities (other than
the payment by the Registrant of expenses incurred or paid by a director,
officer or controlling person of the Registrant in the successful defense of any
action, suit or proceeding) is asserted by such director, officer or controlling
person in connection with the securities being registered, the Registrant will,
unless in the opinion of its counsel the matter has been settled by controlling
precedent, submit to a court of appropriate jurisdiction the question whether
such indemnification by it is against public policy as expressed in the
Securities Act, and the right to indemnification will be governed by the final
adjudication of such issue.
5
SIGNATURES
Pursuant to the requirements of
the Securities Act of 1933, as amended, the Registrant certifies that it has
reasonable grounds to believe that it meets all the requirements for filing on
Form S-8 and has duly caused this Registration Statement to be signed on its
behalf by the undersigned, thereunto duly authorized, in the City of Charlotte,
State of North Carolina, on this 17th day of September, 2001.
SPEIZMAN INDUSTRIES, INC.
By:
/s/ Robert S. Speizman
Robert S. Speizman, President
Power of Attorney
KNOW ALL MEN BY THESE PRESENTS
that each individual whose signature appears below constitutes and appoints
Robert S. Speizman and John C. Angelella, and each of them, his true and lawful
attorney-in-fact and agents with full power of substitution and resubstitution,
for him and in his name, place and stead, in any and all capacities, to sign any
and all amendments (including post-effective amendments) to this Registration
Statement, and to file the same, with all exhibits thereto, and all documents in
connection therewith, with the Securities and Exchange Commission, granting unto
said attorney-in-fact and agents, full power and authority to do and perform
each and every act and thing requisite and necessary to be done in and about the
premises, as fully to all intents and purposes as he might or could do in
person, hereby ratifying and confirming all that said attorney-in-fact and
agents, or their substitutes, may lawfully do or cause to be done by virtue
hereof.
Pursuant to the requirements of the
Securities Act of 1933, this Registration Statement has been signed by the
following persons in the capacities and on the dates indicated.
Name
Title
Date
/s/ Robert S. Speizman
Robert S. Speizman
President (Principal
      Executive Officer)
and Director
September 17, 2001
/s/ John C. Angelella
John C. Angelella
Chief Financial Officer and
      Secretary
(Principal Financial and Accounting
Officer)
September 17, 2001
/s/ William Gorelick
William Gorelick
Director
September 17, 2001
/s/ Scott Lea
Scott Lea
Director
September 17, 2001
/s/ Jon P. Brady
Jon P. Brady
Director
September 18, 2001
/s/ Josef Sklut
Josef Sklut
Director
September 18, 2001
6
EXHIBIT INDEX
Exhibit No.
Description
5
Legal opinion of Kilpatrick
      Stockton LLP.
23.1
Consent of BDO Seidman, LLP.
23.2
Consent of Kilpatrick
      Stockton LLP (Contained in Exhibit 5).
24
Power of Attorney (Contained
      on signature page).
99
Speizman Industries, Inc.
      2000 Equity Compensation Plan (Incorporated by reference to Exhibit 10.23
      to the Registrant's Annual Report on Form 10-K for the fiscal year ended
      July 1, 2001, File No. 0-8544).
:.