Attached files

file filename
EX-10 - LOAN DOCUMENT MODIFICATION AGREEMENT DATED APRIL 12, 2013 (FILED HEREWITH). - RAND WORLDWIDE INCrrd376817_39470.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):  04/12/2013
 
Rand Worldwide, Inc.
(Exact name of registrant as specified in its charter)
 
Commission File Number:  001-31265
 
Delaware
  
84-1035353
(State or other jurisdiction of
  
(IRS Employer
incorporation)
  
Identification No.)
 
161 Worcester Road, Suite 401
Framingham, MA 01701
(Address of principal executive offices, including zip code)
 
(508) 663-1400
(Registrant’s telephone number, including area code)
 
(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 1.01.    Entry into a Material Definitive Agreement
 
On April 12, 2013, Rand Worldwide, Inc. ("Registrant") and its subsidiary, Rand A Technology Corporation, modified the maturity date of their $8 million revolving line of credit facility with PNC Bank pursuant to a Loan Document Modification Agreement (the "Modification"). The Modification extended the maturity date of the line of credit to November 30, 2014. All other terms and conditions of the credit facility remain unchanged. A copy of the Modification is filed herewith as Exhibit 10.1.
 
 
Item 9.01.    Financial Statements and Exhibits
 
(d) Exhibits.

    Exhibit 10.1 - Loan Document Modification Agreement dated April 12, 2013 (filed herewith).

 

 

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.
 
           
Rand Worldwide, Inc.
 
 
Date: April 12, 2013
     
By:
 
/s/    Lawrence Rychlak

               
Lawrence Rychlak
               
President and Chief Financial Officer
 
 


 

EXHIBIT INDEX
 
Exhibit No.

  
Description

EX-10.1
  
Loan Document Modification Agreement dated April 12, 2013 (filed herewith).