DDI CAPITAL CORP/DYNAMIC DETAILS INC
8-K, 2000-04-12
PRINTED CIRCUIT BOARDS
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                       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):  April 11, 2000
                                                          --------------


                                DDi CAPITAL CORP.
                          DYNAMIC DETAILS, INCORPORATED
              (Exact Name of Registrants as Specified in Charters)

                                    333-41187                   33-0780382
         CALIFORNIA                 333-41211                   33-0779123
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      (State or Other             (Commission                (I.R.S. Employer
Jurisdiction of Incorporation)   File Numbers)             Identification Nos.)


              1230 Simon Circle, Anaheim, California       92806
- --------------------------------------------------------------------------------
             (Address of Principal Executive Offices)   (Zip Code)



      Registrants' Telephone Number, including Area Code:  (714) 688-7200
                                                           --------------

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ITEM 5.  OTHER EVENTS

Amendment No. 5  to Form S-1 Registration Statement Filed by DDi Corp.  On April
11, 2000, DDi Corp., the ultimate parent of the registrant, filed a fifth
amendment to its S-1 registration statement with the Securities and Exchange
Commission relating to the initial public offering of its common stock. DDi
Corp. intends to use approximately $24.7 million of the net proceeds from the
offering to redeem a portion of the 12  1/2 % senior discount notes issued by
DDi Capital Corp., or a portion of the 13  1/2 % senior discount notes issued by
DDi Intermediate Holdings Corp., and to pay associated redemption premiums and
accrued and unpaid interest thereon, or to repurchase those notes on the open
market.

Press Release of Dynamic Details Incorporated.  Reference is made to a press
release of registrant Dynamic Details, Incorporated dated April 11, 2000
announcing the initial public offering at $14 per share of the common stock of
its ultimate parent, DDi Corp.  Such news release is filed as Exhibit 99.1 to
this report and is incorporated herein by reference.

DDi Corp. owns 100% of the capital stock of DDi Intermediate Holdings Corp.,
which in turn owns 100% of the capital stock of registrant DDi Capital Corp.
Registrant Dynamic Details, Incorporated is a wholly owned subsidiary of
registrant DDi Capital Corp.

ITEM 7.  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS

(c)  Exhibits.
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     99.1   Press Release dated April 11, 2000 of Dynamic Details, Incorporated.




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                                    SIGNATURE


Pursuant to the requirements of the Securities Exchange Act of 1934, each
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized, in the city of Anaheim, state of
California, on this 11th day of April, 2000.



                              DDI CAPITAL CORP.


                              By:        /s/ Joseph P. Gisch
                                  -----------------------------------
                                  Name: Joseph P. Gisch
                                  Title: Chief Financial Officer




                              DYNAMIC DETAILS, INCORPORATED


                              By:        /s/ Joseph P. Gisch
                                  -----------------------------------
                                  Name: Joseph P. Gisch
                                  Title: Chief Financial Officer





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                                                                    Exhibit 99.1



DDI CORP. PRICES INITIAL PUBLIC OFFERING AT $14 PER SHARE

ANAHEIM, Calif., April 11 /PRNewswire/ -- DDi Corp. today announced the pricing
of its initial public offering of 12,000,000 shares of its common stock at $14
per share. The net proceeds of the offering will be $153.8 million. The
underwriting team was joint-lead by Credit Suisse First Boston and FleetBoston
Robertson Stephens, Inc., with Chase H&Q and Lehman Brothers, Inc. acting as co-
managers.

DDi previously circulated a preliminary prospectus with a price range of $15 to
$17 with respect to 14,687,500 shares. DDi amended its use of proceeds to reduce
the amount of indebtedness repaid.

The shares will trade on the Nasdaq National Market under the symbol "DDIC." All
of the shares were issued and sold by the Company. The Company has granted the
underwriters an option to purchase up to an additional 1,800,000 shares of
common stock to cover over-allotments, if any.

DDI Corp. is the parent company of Dynamic Details Incorporated, a provider of
time-critical, technologically advanced design, development and manufacturing
services to original equipment manufacturers and other electronics manufacturing
service providers.

This press release shall not constitute an offer to sell or the solicitation of
an offer to buy nor shall there be any sale of these securities in any state or
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of any such state or
jurisdiction.

A copy of the prospectus may be obtained from Credit Suisse First Boston, 11
Madison Avenue, New York, NY 10010 212-325-2580 or FleetBoston Robertson
Stephens, 555 California Street, Suite 2606, San Francisco, 94104 415-781-9700.

SOURCE: Dynamic Details, Inc.


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