Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
XSPY > SEC Filings for XSPY > Form 8-K on 10-May-2013All Recent SEC Filings

Show all filings for SPY INC. | Request a Trial to NEW EDGAR Online Pro

Form 8-K for SPY INC.


10-May-2013

Entry into a Material Definitive Agreement, Financial Statements and Exhibits


Item 1.01 Entry into a Material Definitive Agreement.

On May 8, 2013, Spy, Inc. (the "Company") entered into a Third Amended and Restated Promissory Note ("Third Amendment") and a Fourth Amended and Restated Promissory Note ("Fourth Amendment") with Costa Brava Partnership III, L.P. ("Costa Brava"), pursuant to which the maturity date of all amounts due Costa Brava thereunder was extended to April 1, 2015 from April 1, 2014, and, in the case of the Fourth Amendment, the total commitment thereunder was decreased from $10.0 million to $9.0 million, of which $8.5 million was outstanding on March 31, 2013. The amounts outstanding on March 31, 2013 due Costa Brava, including the commitment amount, exclude accrued but unpaid interest, which is added to principal rather than paid in cash.

In addition, on May 8, 2013, the Company entered into an Amendment to Promissory Note and Promissory Note No. 2 with Harlingwood (Alpha), LLC ("Harlingwood") (the "Harlingwood Amendments"), pursuant to which the Company similarly extended the maturity date of certain promissory notes issued to Harlingwood in the aggregate principal amount of $1.5 million from April 1, 2014 to April 1, 2015, which amount excludes accrued but unpaid interest, which is added to principal rather than paid in cash.

A copy of the Third Amendment, Fourth Amendment and the Harlingwood Amendments is attached to this Current Report on Form 8-K as Exhibit 10.1, 10.2 and 10.3, respectively.



Item 9.01 Financial Statements and Exhibits.

See Exhibit Index.

Disclaimer.

The foregoing descriptions of Third Amendment, the Fourth Amendment and the Harlingwood Amendments do not purport to be complete, and are qualified in their entirety by reference to the full text of the Third Amendment, the Fourth Amendment and the Harlingwood Amendments attached hereto as Exhibits 10.1, 10.2 and 10.3, and are incorporated herein by reference.


  Add XSPY to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for XSPY - All Recent SEC Filings
Sign Up for a Free Trial to the NEW EDGAR Online Pro
Detailed SEC, Financial, Ownership and Offering Data on over 12,000 U.S. Public Companies.
Actionable and easy-to-use with searching, alerting, downloading and more.
Request a Trial      Sign Up Now


Copyright © 2014 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.