Attached files

file filename
EX-10.1 - WSI INDUSTRIES, INC.ex10-1.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): February 15, 2018

 

WSI Industries, Inc.

 

(Exact name of Registrant as Specified in its Charter)

 

Minnesota

 

(State Or Other Jurisdiction Of Incorporation)

 

000-00619   41-0691607

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

213 Chelsea Road

Monticello, MN

  55362
(Address Of Principal Executive Offices)   (Zip Code)

 

(763) 295-9202

 

Registrant’s Telephone Number, Including Area Code

 

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 (see General Instruction A.2. below):

 

  [  ] 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))

 

 

 

 

 

 

Items under Sections 3 through 8 are not applicable and therefore omitted.

 

Item 1.01 Entry into a Material Definitive Agreement.

 

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

 

On February 15, 2018, WSI Industries, Inc. (the “Company”) extended the Maturity date with its Revolving Promissory Note and Loan Agreement with Tradition Capital Bank to February 15, 2019.

 

The summary of these Agreements does not purport to be complete and is subject to and qualified in its entirety by reference to such documents, which are included as Exhibit 10.1 of Item 9.01 to this Form 8-K and are incorporated by reference into these Items 1.01 and 2.03.

 

Item 9.01 Financial Statements And Exhibits.

 

Exhibit No.   Description
10.1   First Amendment to Certain Loan Documents dated February 15, 2018 between WSI Industries, Inc. and Tradition Capital Bank and Acknowledgement of Guarantors dated February 15, 2018 between WSI Industries, Co., WSI Rochester, Inc. and Tradition Capital Bank.

 

 

 

 

SIGNATURE

 

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.

 

 

  WSI INDUSTRIES, INC.
     
  By: /s/ Michael J. Pudil
    Michael J. Pudil
    Chief Executive Officer

 

Date: February 15, 2018