Nanometrics 8-K 2012
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
April 23, 2012
Date of Report (date of earliest event reported)
(Exact name of Registrant as specified in charter)
1550 Buckeye Drive, Milpitas, California 95035
(Address of principal executive offices)
Registrant's telephone number, including area code: (408) 545-6000
(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:
Item 1.01 - Entry into a Material Definitive Agreement.
On April 23, 2012, Nanometrics Incorporated (the “Company”) and Comerica Bank executed a Fifth Amendment to Loan and Security Agreement related to the Company's revolving credit facility of $20.0 million, which amendment (i) extended the maturity date of the facility by two years to April 30, 2014, (ii) decreased the unused revolving line commitment fee from 0.1875% per annum to 0.10% per annum, and (iii) reduced the minimum interest rate on borrowings from 5.75% to 3.0% per annum. The remaining substantive provisions of the facility are not materially changed by the amendment.
Item 2.03 - Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
The disclosure in Item 1.01 above is incorporated into this Item 2.03 by reference.
Item 9.01 - Financial Statements and Exhibits.
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.
INDEX TO EXHIBITS