UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OF 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
April 20, 2000 (Date of earliest event reported)
UGLY DUCKLING CORPORATION
(Exact Name of Registrant as Specified in its Charter)
DELAWARE 000-20841 86-0721358
(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
2525 East Camelback Road, Suite 500, Phoenix, Arizona 85016
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (602)852-6600
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
<PAGE>
ITEM 5. OTHER EVENTS.
Ugly Duckling Corporation offered to exchange (the "Exchange Offer") up
to $27,500,000 principal amount of its 11% Subordinated Debentures due 2007 (the
"Debentures") for up to 2,500,000 shares of its Common Stock, par value $.001
per share ("Common Stock"). The Exchange Offer terminated on April 13, 2000, at
5:00 p.m. New York City time. A total of 1,085,415 shares of Common Stock were
validly tendered for exchange pursuant to the Exchange Offer and were accepted
by Ugly Duckling Corporation. $11,939,565 aggregate principal amount of the
Debentures were issued as of April 20, 2000, pursuant to the terms of the
Exchange Offer. The Debentures were approved for listing on the American Stock
Exchange on April 24, 2000.
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated: May 3, 2000
UGLY DUCKLING CORPORATION
(Registrant)
By: /S/ JON D. EHLINGER
------------------------
Jon D. Ehlinger
Secretary and General Counsel
