Attached files
| file | filename |
|---|---|
| EX-10.2 - EXHIBIT 10.2 - GT Advanced Technologies Inc. | exhibit102waiver.htm |
| EX-10.1 - EXHIBIT 10.1 - GT Advanced Technologies Inc. | exhibit101adequateprotecti.htm |
| EX-99.1 - EXHIBIT 99.1 - GT Advanced Technologies Inc. | exhibit991pressrelease.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): October 30, 2014
GT Advanced Technologies Inc.
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation)
001-34133 03-0606749
(Commission File Number) (I.R.S. Employer Identification No.)
243 Daniel Webster Highway, Merrimack, New Hampshire 03054
(Address of principal executive offices)
(603) 883-5200
(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))
Item 1.01 | Entry into a Material Definitive Agreement. |
As previously disclosed in a Current Report on Form 8-K filed by GT Advanced Technologies Inc. (the “Company”), on October 6, 2014, the Company and certain of its subsidiaries (collectively, the “Debtors”) filed voluntary petitions in the United States Bankruptcy Court for the District of New Hampshire (the “Bankruptcy Court”) for reorganization relief under the provisions of Chapter 11 of Title 11 of the United States Code. The Debtors’ Chapter 11 cases (the “Chapter 11 Cases”) are being jointly administered under the caption In re GT Advanced Technologies Inc., et al, Case No. 14-11916-HJB.
Adequate Protection and Settlement Agreement
As also previously disclosed in a Current Report on Form 8-K filed by the Company on October 27, 2014 (the “Original Form 8-K”), the Debtors entered into an Adequate Protection and Settlement Agreement (the “Settlement Agreement”) with Apple Inc. and Platypus Development LLC (collectively, the “Apple Parties”) to settle certain claims in connection with the Chapter 11 Cases. The Company filed a redacted copy of the Settlement Agreement as Exhibit 10.1 to the Original Form 8‑K, and submitted a Confidential Treatment Request regarding the same to the Securities and Exchange Commission pursuant to Rule 24b-2 of the 1934 Securities and Exchange Act. The Confidential Treatment Request was submitted on the same day the Original Form 8-K was filed.
On October 30, 2014, the Bankruptcy Court concluded that the terms of the Settlement Agreement should be publicly available. As a result of the Court’s order, the Company determined to withdraw its Confidential Treatment Request and is including herewith as an Exhibit 10.1 a complete unredacted copy of the Settlement Agreement.
Waiver and Amendment Agreement
In addition, on November 3, 2014, the Debtors and the Apple Parties entered into a Waiver and Amendment Agreement (the “Waiver Agreement”) pursuant to which such parties agreed to waive certain of the conditions of the effectiveness of the Settlement Agreement, including the condition that a certain declaration submitted to the Bankruptcy Court remain sealed until the Bankruptcy Court enters an order withdrawing and striking such declaration from the docket. The foregoing description of the Waiver Agreement does not purport to be complete and is qualified in its entirety by reference to the Waiver Agreement, which is filed as Exhibit 10.2 hereto.
On November 4, 2014, the Company issued a press release announcing the Waiver Agreement, a copy of which is filed herewith as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. | Description |
10.1 | Adequate Protection and Settlement Agreement, dated October 21, 2014 |
10.2 | Waiver and Amendment Agreement, dated November 3, 2014 |
99.1 | Press release dated November 4, 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.
GT ADVANCED TECHNOLOGIES INC.
Dated: November 4, 2014 /s/ Hoil Kim
By: | Hoil Kim |
Its: | Vice President, Chief Administrative Officer, General Counsel and Secretary |