Unassociated Document
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 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): August 8, 2008
NEXCEN
BRANDS, INC.
(Exact
Name of Registrant as Specified in Its Charter)
Delaware
(State
or
Other Jurisdiction of
Incorporation)
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000-27707
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20-2783217
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(Commission
File Number)
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(IRS
Employer Identification No.)
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1330
Avenue of the Americas, 34th
Floor, New York, NY
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10019-5400
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(Address
of Principal Executive Offices)
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(Zip
Code)
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(212)
277-1100
(Registrant’s
Telephone Number, Including Area Code)
(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
August
8, 2008, NexCen Brands, Inc. (the “Company”), certain of its subsidiaries, and
BTMU
Capital Corporation (“BTMUCC”), the Company’s lender, entered into a letter
agreement that amends the July 17, 2008 letter agreement among them by extending
the forbearance period to August 15, 2008. The terms and conditions of the
July
17, 2008 letter agreement, which was filed as Exhibit 10.1 to the Company’s
Current Report on Form 8-K filed on July 18, 2008, otherwise continue in effect.
The Company and BTMUCC continue to work on finalizing agreements to effect
a
comprehensive restructuring of the Company’s borrowing facility, and the Company
expects such agreements to be completed next week.
The
statement that the Company expects to complete final agreements to effect a
comprehensive restructuring of its borrowing facility is a “forward-looking
statement,” as such term is used in the Securities Exchange Act of 1934, as
amended. It is based on current expectations and assumptions, which are subject
to risks and uncertainties, and is not a guarantee of future results. Actual
results could differ materially from those expressed in, or implied by, this
forward-looking statement. There can be no assurance that the “expected” events
identified in this forward-looking statement will occur next week or at
all.
SIGNATURES
According
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, thereunto
duly authorized on August 8, 2008.
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NEXCEN
BRANDS,
INC. |
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By: |
/s/ Kenneth
J. Hall |
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Kenneth
J. Hall |
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Its: Executive
Vice President, Chief
Financial
Officer and Treasurer
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