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<P ALIGN="CENTER"><B><FONT SIZE=5>SECURITIES AND EXCHANGE COMMISSION</B></FONT></TD>
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<B><FONT SIZE=4><P ALIGN="CENTER">WASHINGTON, D.C. 20549</B></FONT></TD>
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<B><FONT SIZE=4><P ALIGN="CENTER">FORM 8-K</P>
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<P ALIGN="CENTER">CURRENT REPORT</B></FONT></TD>
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<P>PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934</TD>
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<P>Date of Report (Date of earliest event reported)&#9;<U>November 14, 2001</U></TD>
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<P ALIGN="CENTER">Commission File Number 0-27744</TD>
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<B><FONT SIZE=4><P ALIGN="CENTER">PCD INC.</B></FONT></TD>
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<I><P ALIGN="CENTER">(Exact Name of Registrant as Specified in its Charter)</I></TD>
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<B><P>Massachusetts &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;04-2604950</B></TD>
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<I><P>(State or Other Jurisdiction of &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(I.R.S. Employer</I></TD>
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<I><P>Incorporation or Organization)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Identification Number)</I></TD>
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<B><P ALIGN="CENTER">2 Technology Drive</B></TD>
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<B><P ALIGN="CENTER">Centennial Park</B></TD>
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<B><P ALIGN="CENTER">Peabody, Massachusetts 01960-7977</B></TD>
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<I><P ALIGN="CENTER">(Address of Principal Executive Offices, Including Zip Code)</I></TD>
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<B><P ALIGN="CENTER">Registrant's telephone number, including area code: (978) 532-8800</B></TD>
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<P>ITEM 5. OTHER EVENTS. </P>
<P ALIGN="JUSTIFY">On November 14, 2001, the Company and its lenders entered into an agreement ("Amendment <BR>
No. 7") whereby the lenders increased the Company's Maximum Revolving Credit Availability Amount from $15 million to $16 million. In addition, the lenders waived the Specified Default under Amendment No. 6 (as described in the Company's Form 10-Q for the period ended September 29, 2001 filed with the Securities and Exchange Commission on November 14, 2001) until November 14, 2002. In exchange, the Company is required to obtain a commitment for $7 million of equity or subordinated indebtedness ("Junior Capital") by January 31, 2002 and close the Junior Capital Financing by March 31, 2002. A copy of Amendment No. 7 is filed as Exhibit 10.52 to this current report on Form 8-K.</P>
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<P>ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS </P>
<P>(c) EXHIBITS</P>
<P>EXHIBIT</P>
<P>NUMBER</P>
<P>10.52 Amendment No. 7 and Temporary Waiver dated November 14, 2001</P>
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<P>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. </P><DIR>
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<U><P>PCD INC. </P>
</U><P>Registrant </P>
<P>DATED: <U>November 27, 2001</U> </P>
<P>By: <U>/s/ John L. Dwight, Jr.</U> </P><DIR>
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<P>John L. Dwight, Jr. </P>
<P>Chairman of the Board, President</P>
<P>and Chief Executive Officer </P></DIR>
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[{"type": "8-K", "sequence": "1", "filename": "form8k.htm", "description": "FORM 8-K FOR AMENDMENT NO. 7", "secsgml_size_bytes": 9600}]
{"company-data": {"conformed-name": "PCD INC", "cik": "0001007594", "assigned-sic": "3678", "irs-number": "042604950", "state-of-incorporation": "MA", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-27744", "film-number": "1800192"}, "business-address": {"street1": "TWO TECHNOLOGY DR", "street2": "CENTENNIAL PARK", "city": "PEABODY", "state": "MA", "zip": "01960", "phone": "5085328800"}, "mail-address": {"street1": "2 TECHNOLOGY DRIVE", "city": "PEABODY", "state": "MA", "zip": "01960"}}
SECURITIES AND EXCHANGE COMMISSION
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)
November 14, 2001
Commission File Number 0-27744
PCD INC.
(Exact Name of Registrant as Specified in its Charter)
Massachusetts                                                                                                          04-2604950
(State or Other Jurisdiction of                                                                             (I.R.S. Employer
Incorporation or Organization)                                                                            Identification Number)
2 Technology Drive
Centennial Park
Peabody, Massachusetts 01960-7977
(Address of Principal Executive Offices, Including Zip Code)
Registrant's telephone number, including area code: (978) 532-8800
ITEM 5. OTHER EVENTS.
On November 14, 2001, the Company and its lenders entered into an agreement ("Amendment
No. 7") whereby the lenders increased the Company's Maximum Revolving Credit Availability Amount from $15 million to $16 million. In addition, the lenders waived the Specified Default under Amendment No. 6 (as described in the Company's Form 10-Q for the period ended September 29, 2001 filed with the Securities and Exchange Commission on November 14, 2001) until November 14, 2002. In exchange, the Company is required to obtain a commitment for $7 million of equity or subordinated indebtedness ("Junior Capital") by January 31, 2002 and close the Junior Capital Financing by March 31, 2002. A copy of Amendment No. 7 is filed as Exhibit 10.52 to this current report on Form 8-K.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) EXHIBITS
EXHIBIT
NUMBER
10.52 Amendment No. 7 and Temporary Waiver dated November 14, 2001
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.
PCD INC.
Registrant
DATED:
November 27, 2001
By:
/s/ John L. Dwight, Jr.
John L. Dwight, Jr.
Chairman of the Board, President
and Chief Executive Officer