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): March 31, 2006
3D SYSTEMS CORPORATION
(Exact name of registrant as specified in its charter)
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Delaware |
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0-22250 |
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95-4431352 |
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(State or other jurisdiction |
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(Commission |
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(IRS Employer |
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of incorporation) |
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File Number) |
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Identification No.) |
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26081 Avenue Hall |
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Valencia, California |
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91355 |
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(Address of principal executive offices) |
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(Zip Code) |
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Registrant’s telephone number, including area code: (661) 295-5600
N/A
(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 (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o 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 March 31, 2006, the Company entered into a second amendment (the “Second Amendment”) effective as of March 30, 2006 of the loan and security agreement that it entered into with Silicon Valley Bank as of June 30, 2004, as amended (the “Credit Agreement”). The Second Amendment further amended the provisions of the Credit Agreement relating to the location of assets in the ordinary course of business. The Second Amendment also amended the minimum EBITDA financial covenant under the Credit Agreement to require that the Company maintain a minimum EBITDA of not less than $15 million for each test period ending on or after March 31, 2006. A copy of the Second Amendment is attached as Exhibit 99.1 hereto and is incorporated into this Item 1.01 by this reference.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits:
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Exhibit |
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Reference |
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99.1 |
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Amendment No. 2 to Loan and Security Agreement by and among Silicon Valley Bank, the Company, 3D Systems, Inc., 3D Holdings LLC, 3D Systems Asia Pacific Limited, 3D Capital Corporation dated and effective as of March 30, 2006. |
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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.
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3D SYSTEMS CORPORATION |
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Date: April 4, 2006 |
/s/ ROBERT M. GRACE, JR. |
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(Signature) |
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Name: |
Robert M. Grace, Jr. |
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Title: |
Vice President, General Counsel and |
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EXHIBIT INDEX
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Exhibit No. |
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Description |
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99.1 |
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Amendment No. 2 to Loan and Security Agreement by and among Silicon Valley Bank, the Company, 3D Systems, Inc., 3D Holdings LLC, 3D Systems Asia Pacific Limited, 3D Capital Corporation dated and effective as of March 30, 2006. |
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