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QUICKLOGIC Corp Regulatory Filings 2009

Oct 1, 2009

34204_rns_2009-10-01_99479589-2271-440d-bf78-b26976442070.zip

Regulatory Filings

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8-K 1 a09-28754_18k.htm 8-K

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) September 25, 2009

*QuickLogic Corporation*

(Exact name of registrant as specified in its charter)

Delaware 000-22671 77-0188504
(State
or other jurisdiction of incorporation) (Commission
File Number) (IRS
Employer Identification No.)

| 1277
Orleans Drive, Sunnyvale, CA | 94089-1138 |
| --- | --- |
| (Address
of principal executive offices) | (Zip
Code) |

Registrant’s telephone number, including area code (408) 990-4000

*N/A*

(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))

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Section 1 – Registrant’s Business and Operations

**Item 1.01 Entry into a Material Definitive Agreement.****

On September 25, 2009, QuickLogic Corporation (the “Company”) entered into a Fifth Amendment to Second Amended and Restated Loan and Security Agreement (the “Agreement”) with Silicon Valley Bank to require the Company to maintain (i) a tangible net worth of at least $11,000,000, and (ii) unrestricted cash or cash equivalents in an amount of at least $8,000,000.

The foregoing description of the Agreement does not purport to be complete and is qualified in its entirety by reference to the Agreement, a copy of which is attached as Exhibit 10.29 hereto.

Section 9 – Financial Statements and Exhibits

**Item 9.01(d) Exhibits.****

10.29 Fifth Amendment to Second Amended and Restated Loan and Security Agreement.

2

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: October 1, 2009
/s/ Ralph S. Marimon
Ralph S. Marimon Vice President Finance and
Chief Financial Officer

3

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EXHIBIT INDEX

Exhibit No. Description
10.29 Fifth Amendment to Second Amended and Restated Loan
and Security Agreement.

4

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