Cannondale Corp · 8-K · For 1/29/03

Filed On 2/11/03 4:43pm ET   ·   SEC File 333-72121   ·   Accession Number 1116679-3-237

Current Report   ·   Form 8-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Date of Report: January 29, 2003                       4     15K 
 2: EX-99       Ex. 99.1: Press Release                                2     14K 
 3: EX-99       Ex. 99.2: Press Release                                2     16K 
 4: EX-99       Ex. 99.3: Press Release                                2±    11K 

8-K   ·   Date of Report: January 29, 2003
Document Table of Contents

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 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): January 29, 2003

CANNONDALE CORPORATION
(Exact name of registrant as specified in its charter)

                                                                [Download Table]

                                                                                

           Delaware                     0-24884                 06-0871823      
       (State or other          (Commission File Number)     (I.R.S. Employee   
jurisdiction of incorporation)                            Identification Number)

16 Trowbridge Drive, Bethel, Connecticut 06801
 (Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code: 203-749-7000

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Item 3.  Bankruptcy or Receivership.                                            

On January 29, 2003, Cannondale Corporation (the "Company") filed a voluntary   
petition for relief under Chapter 11 of the United States Code (the "Bankruptcy 
Code") in the United States Bankruptcy Court in the District of Connecticut     
Bridgeport Division ("Bankruptcy Court") (Case No. 03-50117). The Company       
manages, and will continue to manage, its properties and operate its bicycle    
business as a debtor-in-possession under the jurisdiction of the Bankruptcy     
Court and in accordance with the applicable provisions of the Bankruptcy Code.  
Operations under the Company's motorsports division will be suspended pending   
sale of that division. The Company's foreign subsidiaries in Europe, Japan and  
Australia were not included in the filing.                                      

On January 27, 2003, the Company issued a press release announcing its plans to 
file for relief under Chapter 11, a copy of which is attached hereto as Exhibit 
99.1 and incorporated herein by reference.                                      

On January 30, 2003, the Company issued a press release announcing the approval 
from the Bankruptcy Court of an interim post-petition financing arrangement from
the Company's lenders that will be used to continue the operation of the        
Company's bicycle business. A copy of this press release is attached hereto as  
Exhibit 99.2 and incorporated herein by reference.                              

Item 5.  Other Events and Required FD Disclosure.                               

On February 7, 2003, the Company issued a press release announcing that it had  
been notified by Nasdaq that the Company's common stock will be delisted from   
the Nasdaq National Market effective as of February 11, 2003. A copy of this    
press release is attached hereto as Exhibit 99.3 and incorporated herein by     
reference.                                                                      

Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.     

Exhibits                                                        

99.1    Press Release of the Company dated January 27, 2003.    

99.2    Press Release of the Company dated January 30, 2003.    

99.3    Press Release of the Company dated February 7, 2003.    

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 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 thereunto duly authorized.                                          

                              CANNONDALE CORPORATION

Date: February 11, 2003                     By: /s/ Cynthia S. Hoboken          
                                      ----------------------
                                  Cynthia S. Hoboken
                         Treasurer

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 EXHIBIT INDEX

99.1          Press Release of the Company dated January 27, 2003.              
99.2          Press Release of the Company dated January 30, 2003.              
99.3          Press Release of the Company dated February 7, 2003.              

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Dates Referenced Herein   and   Documents Incorporated By Reference

				Referenced-On Page
This 8-K Filing		Date		First		Last			Other Filings
		1/27/03		2		4
For The Period Ended		1/29/03		1		2
		1/30/03		2		4
		2/7/03		2		4
Filed On / Filed As Of		2/11/03		2		3
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