FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 13, 1995
ROSE'S STORES, INC.
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation)
0-631 56-0382475
(Commission File Number) (IRS Employer Identification No.)
218 S. Garnett Street
Henderson, North Carolina 27536
(Address of principal executive offices) (Zip Code)
(919) 430-2600
(Registrant's telephone number, including area code)<PAGE>
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Item 5. Other Events
On September 5, 1993, the Registrant filed a voluntary Petition for
Relief under Chapter 11, Title 11 of the United States Code (the
"Bankruptcy Code") with the United States Bankruptcy Court for the Eastern
District of North Carolina, Raleigh Division (the "Court"). The
Registrant is in possession of its property and is maintaining and
operating its property as a debtor-in-possession pursuant to the
provisions of Sections 1107 and 1108 of the Bankruptcy Code. On August
1, 1994, the Registrant filed with the Court a proposed Joint Plan of
Reorganization with the consent of the official unsecured creditors
committee, the pre-petition secured senior noteholders, and the official
equity committee. On October 5, 1994, the Court approved a First Amended
Disclosure Statement that described the proposed First Amended Joint Plan
of Reorganization (the "Plan") and approving the solicitation of
acceptances and rejections of the Plan from various classes of creditors
and equity holders prior to the Court's holding a confirmation hearing.
On December 14, 1994, the Court confirmed the Plan and entered an order
("Confirmation Order") to that effect.
Under the Plan, the record date for determining the entitlement of
holders of Common Stock Interests to receive, in accordance with the terms
of the Plan, subscription rights to purchase New Rose's Common Stock, New
Rose's Warrants and the New Rose's Common Stock Secondary Distribution,
is February 7, 1995. By motion dated February 10, 1995 and order of the
Court dated February 13, 1995, the Plan was amended to change the record
date for distributions of the New Rose's Warrants and New Rose's Common
Stock Secondary Distribution to the Effective Date of the Plan, which is
anticipated to be on or before April 30, 1995. The amendment does not
affect the record date for the subscription rights to purchase New Rose's
Common Stock, which remains February 7, 1995.
The Plan as amended provides that on the Effective Date, the
transfer ledgers will be closed and there will be no further changes in
the record holders of the Voting Common Stock and Non-Voting Class B Stock
of the Company after that date.
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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.
ROSE'S STORES, INC.
Date: February 17, 1995 By: \s\
Jeanette R. Peters
Senior Vice President
Chief Financial Officer
