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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
NOVEMBER 2, 1998
(Date of Report)
NITCHES, INC.
(Exact Name of Registrant as Specified in its Charter)
Commission File No. 0-13851
California 95-2848021
(State or Other Jurisdiction (IRS Employer Identification No.)
of Incorporation)
10280 Camino Santa Fe
San Diego, California 92121
(Address of Principal Executive Offices)
(619) 625-2633
(Registrant's Telephone No.)
Exhibit Index Page 3
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ITEM 5. OTHER EVENTS
The Company announced on October 30, 1998 the final results of the
Company's Offer (as defined in the Offer to Purchase dated August 18, 1998, as
amended) which terminated at 5:00 p.m. Eastern Daylight Time, on Wednesday,
October 21, 1998. Such results are described in the Company's press release
which is incorporated by reference.
Dated: November 2, 1998 NITCHES, INC.
By: /s/ Steven P. Wyandt
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Steven P. Wyandt
President
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EXHIBIT INDEX
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Exhibit Number Description
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2.1 Form of Press Release
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EXHIBIT 2.1
Form of Press Release
FOR IMMEDIATE RELEASE
SUBJECT: Company receives tenders for 2,038,242 shares.
CONTACT: D.F. King & Co., Inc. (800) 347-4750
SAN DIEGO, CALIFORNIA, OCTOBER 30, 1998 -- Nitches, Inc. (NASDAQ --
NICH) announced today that it has received tenders of a total of
2,038,242 shares of its common stock in connection with its previously
announced tender offer to purchase 1,000,000 shares of its common stock
at a price of $4.00 per share. The tender offer expired on October 21,
1998.
The shares tendered will be purchased by the Company from all tendering
shareholders on a pro rata basis of 50% utilizing a portion of the
additional 2% of total outstanding shares that the Company may purchase
as stated in the tender offer document. It is anticipated that payment
for shares purchased and the reissue of the balance shares to all
tendering shareholders will be completed by November 6, 1998.
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