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): June 11, 2004
All American Semiconductor, Inc.
(Exact name of registrant as specified in its charter)
DELAWARE
(State or other jurisdiction of incorporation)
0-16207 59-2814714
(Commission File Number) (I.R.S. Employer
Identification No.)
16115 Northwest 52nd Avenue, Miami, Florida 33014
(Address of principal executive offices)(Zip Code)
Registrant's telephone number, including area code: (305) 621-8282
Not Applicable
(Former name or former address, if changed since last report)
Item 5. Other Events.
All American Semiconductor, Inc. (the "Company") announced the entering
into on June 11, 2004 of an amendment to the Company's credit facility
providing, among other things, for an increase in the line of credit facility
from $65 million to $85 million and for a modification of the definition of
eligible receivables thereby increasing the amount that the Company may borrow
under the credit facility. The Company will utilize the credit facility to
finance its continued growth as well as to repay certain subordinated debentures
that mature June 13, 2004 in the approximate outstanding principal amount of
$5,150,000. A copy of the Company's press release issued on June 11, 2004
concerning the foregoing is furnished as part of this report.
Item 7. Financial Statements and Exhibits.
(c) Exhibits
Exhibit No. Exhibit Description
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99 Press Release dated June 11, 2004.
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.
ALL AMERICAN SEMICONDUCTOR, INC.
Date: June 14, 2004 By: /s/ Howard L. Flanders
------------------------------------
Howard L. Flanders
Executive Vice President and
Chief Financial Officer
EXHIBIT INDEX
Exhibit No. Exhibit Description
----------- -------------------
99 Press Release dated June 11, 2004.