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
November 30, 1999
(Date of Report, date of earliest event reported)
COMPX INTERNATIONAL INC.
(Exact name of Registrant as specified in its charter)
Delaware 1-13905 57-0981653
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification
incorporation) No.)
16825 Northchase Drive, Suite 1200, Houston, Texas 77060
(Address of principal executive offices) (Zip Code)
(281) 423-3377
(Registrant's telephone number, including area code)
Not applicable
(Former name or address, if changed since last report)
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Item 5: Other Events
On November 30, 1999, the registrant, CompX International Inc., issued
the press release attached hereto as Exhibit 99.1, which is incorporated herein
by reference.
Item 7: Financial Statements, Pro Forma Financial Information and Exhibits
(c) Exhibit
Item No. Exhibit Index
-------- ------------------------------------------
99.1 Press release dated November 30, 1999
issued by CompX International Inc.
<PAGE>
SIGNATURES
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.
COMPX INTERNATIONAL INC.
(Registrant)
By: /s/ Andrew Louis
-----------------------------
Andrew Louis,
Secretary
Date: November 30, 1999
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PRESS RELEASE
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FOR IMMEDIATE RELEASE: CONTACT:
CompX International Inc. Joseph S. Compofelice
16825 Northchase Drive Chairman, President & CEO
Houston, Texas 77060 Tel. 281-423-3303
COMPX COMPLETES DYNASLIDE(R) ACQUISITION
HOUSTON, TEXAS ... November 30, 1999 ... CompX International Inc. (NYSE: CIX)
announced that it has completed the previously announced acquisition of the
business of Yinjoy Corporation and certain of its affiliates ("Yinjoy") for
$11.5 million in cash. Yinjoy produces the Dynaslide(R) line of precision ball
bearing drawer slides in two manufacturing plants in Taipei, Taiwan. The
purchase price includes all the assets and operations that produce the
Dynaslide(R) products.
CompX is a leading manufacturer of ergonomic computer support systems, precision
ball bearing slides and locking systems.
Statements in this release relating to matters that are not historical facts are
forward-looking statements based on management's belief and assumptions using
currently available information. Although the Company believes the expectations
reflected in such forward-looking statements are reasonable, it cannot give any
assurances that these expectations will prove to be correct. Such statements, by
their nature, involve a number of risks and uncertainties that could
significantly impact expected results, and actual future results could differ
materially from those described in such forward-looking statements. Among the
factors that could cause actual future results to differ materially include, but
are not limited to, general economic and political conditions, demand for office
furniture, service industry employment levels, competitive products and prices,
the introduction of tariff or non-tariff barriers, potential difficulties in
integrating completed acquisitions, possible disruptions of normal business
activity from Year 2000 issues and other risks and uncertainties detailed in the
Company's Security and Exchange Commission filings. Should one or more of these
risks materialize (or the consequences of such a development worsen), or should
the underlying assumptions prove incorrect, actual results could differ
materially from those forecast or expected. The Company disclaims any duty to
publicly update such statements whether as a result of new information, future
events or otherwise.
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