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UNITED STATES
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) OCTOBER 29, 1997
OROAMERICA, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
DELAWARE 0-21862 94-2385342
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STATE OR OTHER JURISDICTION COMMISSION FILE NUMBER IRS EMPLOYER
OF INCORPORATION IDENTIFICATION NO.
443 NORTH VARNEY STREET
BURBANK, CALIFORNIA 91502
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(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (818) 848-5555
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ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS.
On October 29, 1997, OroAmerica, Inc. ("OroAmerica") entered into an
Asset Purchase-Sale Agreement with Jerry Prince, Inc. ("JPI"), a
California-based jewelry manufacturer and distributor, for the purchase of JPI's
substantial assets and the assumption of certain liabilities, expenses, and
debts incurred by JPI. The assets that OroAmerica purchased from JPI included
all cash in bank or on hand, all accounts receivable, contract rights, all of
inventories, and all of JPI's intellectual property assets. The purchase price
for these assets was approximately $5.5 million. OroAmerica paid the purchase
price from available funds only.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
Financial Statements.
At this time, it is impracticable for OroAmerica to provide the
financial statements for JPI as required under this Item 7 and Item 2.
OroAmerica anticipates filing such financial statements as an amendment to this
Form 8-K as soon as practicable, but not later than January 12, 1998 (75 days
after the above-identified acquisition).
Exhibit.
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None
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.
Dated: November 12, 1997 OROAMERICA, INC.
By: /s/ SHIU SHAO
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Shiu Shao
Vice President and Chief Financial Officer
