0001193125-11-253938.txt : 20110922 0001193125-11-253938.hdr.sgml : 20110922 20110922113112 ACCESSION NUMBER: 0001193125-11-253938 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20110921 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20110922 DATE AS OF CHANGE: 20110922 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIRST CAROLINA INVESTORS INC CENTRAL INDEX KEY: 0000811040 IRS NUMBER: 561005066 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 811-08942 FILM NUMBER: 111102572 BUSINESS ADDRESS: STREET 1: 9347A FOUNDERS STREET CITY: FORT MILL STATE: SC ZIP: 29708 BUSINESS PHONE: 8038020890 MAIL ADDRESS: STREET 1: P O BOX 1827 CITY: FORT MILL STATE: SC ZIP: 29716 8-K 1 d235061d8k.htm FORM 8-K Form 8-K

 

 

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): September 21, 2011

 

 

FIRST CAROLINA INVESTORS, INC

(Exact Name of Registrant as Specified in its Charter)

 

 

 

Delaware   811-08942   56-1005066

(State or other Jurisdiction

of Incorporation)

  

(Commission

File Number)

  

(IRS Employer

Identification No.)

9347 A Founders Street, Fort Mill, South Carolina   29708
(Address of Principal Executive Office)   (Zip Code)

803-802-0890

(Registrant Telephone number, including area code)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

Section 1 — Registrant’s Business and Operations

Item 8.01 Other Events

On September 21, 2011, the Board of Directors of First Carolina Investors, Inc. (“the Company”) issued the attached statement.

Item 9.01 Exhibit

(d) Exhibit

 

99.1    Statement of the Board of Directors of First Carolina Investors, Inc.
   September 21, 2011

 

2

SIGNATURE

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.

 

       

First Carolina Investors, Inc.

Registrant

Date: September 21, 2011     By:    /s/    BRENT D. BAIRD        
        President

 

3

Exhibit Index

 

Exhibit No.

   

Description

99.1    Statement of the Board of Directors of First Carolina Investors, Inc.
   Dated: September 21, 2011

 

4

EX-99.1 2 d235061dex991.htm STATEMENT OF THE BOARD OF DIRECTORS OF FIRST CAROLINA INVESTORS, INC. Statement of the Board of Directors of First Carolina Investors, Inc.

Exhibit 99.1

Statement of the Board of Directors of First Carolina Investors, Inc.

Dated: September 21, 2011

At a meeting of stockholders of First Carolina Investors, Inc. (the “Company”) held on September 21, 2011, stockholders considered the proposal recommended by the Board of Directors of the Company to liquidate and dissolve the Company (the “Liquidation”), pursuant to a Plan of Distribution and Liquidation (the “Plan”).

A majority of the Company’s stockholders approved and adopted the Liquidation and the Plan. Accordingly, the Company will proceed with the Plan as described in the proxy materials presented at the stockholder meeting.

Effective immediately, the Company will not engage in any further business activities, except to wind up its business, transfer its cash assets to stockholders and a liquidating trust (the “Trust”), and convert its portfolio securities to cash for ultimate distribution to stockholders.

The Trust will be established on or about October 7, 2011. The Company expects to make an initial liquidating distribution of cash to stockholders and to the Trust no later than December 31, 2011. The Board of Directors anticipates that these distributions to stockholders and the Trust will be made simultaneously.