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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) March 3, 1994
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Acme Metals Incorporated
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(Exact name of registrant as specified in its charter)
Delaware 0-14727 36-3802419
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
13500 South Perry Avenue, Riverdale, Illinois 60627-1182
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (708) 849-2500
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(Former name or former address, if changed since last report)
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Item 5. Other Events.
On March 3, 1994, Acme Metals Incorporated (the "Company") agreed to
sell an issue of securities at a price of $21.00 per security on a private
placement basis exclusively in Canada. Within 160 days of the closing of this
transaction (expected on March 10, 1994), the securities will be exchangeable on
a one for one basis, subject to certain conditions, for 5,000,000 common shares
of the Company (5,600,000 common shares if an over-allotment option for the
securities is exercised). Conditions for the exchange of the special warrants
for common stock include confirmation of the availability of debt financing
sufficient for the construction of a continuous thin slab caster/hot strip mill
and approval of such construction by Acme's Board of Directors.
The securities and the underlying common shares have not been registered
under the Securities Act of 1933 (the "Securities Act") and may not be offered
or sold in the United States or to a U.S. person, as defined in Regulation S
under the Securities Act, absent registration or an applicable exemption from
registration requirements.
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.
ACME METALS INCORPORATED
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(Registrant)
Date: March 4, 1994 By: /s/ Edward P. Weber, Jr.
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Edward P. Weber, Jr.
Vice President, General Counsel and
Secretary
