<PAGE> 1
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): JANUARY 21, 1998
THE ARNOLD PALMER GOLF COMPANY
- --------------------------------------------------------------------------------
(Exact name of registrant as specified in its charter)
Tennessee 0-921 62-0331019
- ------------------- ------------------- -------------------
(State of (Commission File No.) (I.R.S. Employer
incorporation) Identification No.)
6201 Mountain View Road, Ooltewah, Tennessee 37363
----------------------------------------------------------
(Address of principal executive offices, including zip code)
(423) 238-5890
--------------------------------------------------
(Registrant's telephone number, including area code)
<PAGE> 2
ITEM 5. OTHER EVENTS
The Arnold Palmer Golf Company (the "Company") announced January 21, 1998
that effective January 21, 1998, the Company's common stock will no longer be
listed on the NASDAQ SmallCap Market.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(c) Exhibits
28 Press Release dated January 21, 1998.
2
<PAGE> 3
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.
January 28, 1998 THE ARNOLD PALMER GOLF COMPANY
By: /s/ David J. Kirby
---------------------------
David J. Kirby
Vice President - Finance
3
<PAGE> 1
FOR IMMEDIATE RELEASE
- ---------------------
January 21, 1998
Contact: Drew Lieberman
Arnold Palmer Golf Company
(800) 735-6300
THE ARNOLD PALMER GOLF COMPANY ANNOUNCES WITHDRAWAL FROM
NASDAQ SMALLCAP MARKET
Ooltewah, Tennessee - The Arnold Palmer Golf Company (NASDAQ Small Cap: APGC)
announced today that, effective at the close of business on January 21, 1998,
the Company's common stock will no longer be listed on the NASDAQ SmallCap
Market. The stock will continue to trade under the symbol APGC through the OTC
Bulletin Board and the National Quotation Bureau "Pink Sheets." Since the
Company will no longer be listed on the NASDAQ SmallCap Market, stock sale and
price data will no longer appear in the financial sections of The Wall Street
Journal and other newspapers.
The Arnold Palmer Golf Company manufactures, markets and distributes a full
line of golf products, including Arnold Palmer golf clubs, Hot-Z golf bags and
the recently introduced Nancy Lopez Golf, which is a complete women's golf
business offering equipment, bags and accessories for women.
