Current Report Filing (8-k)
April 09 2014 - 5:28PM
Edgar (US Regulatory)
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) |
April 3,
2014 |
PHOTRONICS,
INC. |
(Exact name of registrant as specified in
its charter) |
Connecticut |
|
0-15451 |
|
06-0854886 |
(State or other jurisdiction |
|
(Commission |
|
(IRS
Employer |
of
incorporation) |
|
File
Number) |
|
Identification Number) |
15 Secor Road, Brookfield, CT |
|
06804 |
(Address of Principal Executive Offices) |
|
(Zip
Code) |
Registrant's Telephone Number, including area code |
(203)
775-9000 |
|
(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:
¨ |
|
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)) |
ITEM 8.01 Other Events.
On April 3, 2014,
Photronics, Inc. issued a press release announcing the successful closing of the
previously announced joint venture with Dai Nippon Printing Co., Ltd. (DNP). The
joint venture, Photronics DNP Mask Corporation (PDMC), will focus on serving
semiconductor manufacturers in Taiwan. The closing followed regulatory approvals
received from Taiwan authorities on March 28, 2014. The joint venture was
effective as 12:00 a.m., Taiwan time, April 4, 2014.
The non-cash transaction merged DNP Photomask Technology Taiwan Co., Ltd.
(DPTT), a wholly owned subsidiary of DNP, into Photronics Semiconductor Mask
Corporation (PSMC), a wholly owned subsidiary of Photronics. Photronics and DNP
own 50.01% and 49.99%, respectively, and the financial statements will be
included in the consolidated financial statements of Photronics.
A copy of the press release is attached to this 8-K and is incorporated
herein by reference.
ITEM 9.01 |
|
Financial Statements and
Exhibits |
|
(d) |
|
Exhibits |
|
|
99.1 Press release dated
April 3, 2014. |
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.
PHOTRONICS,
INC.
|
(Registrant) |
DATE: |
April 9, 2014 |
|
BY |
/s/
Richelle E.
Burr |
|
|
Richelle E. Burr |
|
|
Vice
President, General Counsel |
|
|
|
PHOTRONICS, INC.
|
|
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