-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, THzOFVBYCvr9P42V9U9dlI9A7nrudZj4nHPHdy1hXGMq3I6llsxqFu6doU8HF1uw T7Ta2eqmxYGkp9UJp1Y0Qw== 0001011438-99-000597.txt : 19991021 0001011438-99-000597.hdr.sgml : 19991021 ACCESSION NUMBER: 0001011438-99-000597 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19991008 ITEM INFORMATION: FILED AS OF DATE: 19991020 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AAMES FINANCIAL CORP/DE CENTRAL INDEX KEY: 0000879957 STANDARD INDUSTRIAL CLASSIFICATION: LOAN BROKERS [6163] IRS NUMBER: 954340340 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-13660 FILM NUMBER: 99731162 BUSINESS ADDRESS: STREET 1: 350 SOUTH GRAND AVE STREET 2: 52ND FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90071 BUSINESS PHONE: 3232105000 MAIL ADDRESS: STREET 1: 3731 WILSHIRE BLVD 10TH FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90010 8-K 1 PRESS RELEASE 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 8, 1999 AAMES FINANCIAL CORPORATION (Exact name of Registrant as Specified in Its Charter) DELAWARE 0-19604 95-340340 (State or Other Jurisdiction (Commission (IRS Employer of Incorporation) File Number) Identification No.) 350 South Grand Avenue, 52nd Floor Los Angeles, California 90071 (Address of Principal Executive Offices) (323) 210-5000 (Registrant's Telephone Number, Including Area Code) NA (Former Name or Former Address, if Changed Since Last Report) ITEM 5. OTHER EVENTS Reference is made to the press release of Registrant issued on October 8, 1999 which contains information meeting the requirements of this Item 5 and is incorporated herein by this reference. A copy of the press release is attached to this Form 8-K as Exhibit 99. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS (c) EXHIBITS 99 Press release issued October 8, 1999. Page 2 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized. AAMES FINANCIAL CORPORATION Dated: October 20, 1999 By: /S/ DAVID A. SKLAR --------------------------------- David A. Sklar Executive Vice President-Finance, Chief Financial Officer Page 3 EXHIBIT INDEX EXHIBIT NO. DESCRIPTION OF EXHIBIT 99 Press release issued October 8, 1999 Page 4 EX-99 2 PRESS RELEASE EXHIBIT 99 Contact: David Sklar Aames Financial Corporation (323) 210-5311 or Steve Hawkins/Tom Ekman Sitrick And Company (310) 788-2850 FOR IMMEDIATE RELEASE AAMES FINANCIAL CORP. ANNOUNNCES RIGHTS OFFERING RESULTS RIGHTS HOLDERS TO PURCHASE AGGREGATE OF 4,159,266 SHARES OF SERIES C CONVERTIBLE PREFERRED STOCK LOS ANGELES, October 8, 1999 -- AAMES FINANCIAL CORPORATION (NYSE: AAM), a leader in subprime home equity lending, announced today that holders of rights to purchase shares of Series C Convertible Preferred Stock have subscribed to purchase an aggregate of 4,159,266 shares at a purchase price of $1.00 per share. On September 7, 1999, the Company distributed non-transferable subscription rights to each of its Common Stockholders of record as of such date, which rights permitted the Company's common stockholders to purchase, at a purchase price of $1.00 per share, one share of Series C Convertible Preferred Stock for every share of Common Stock held of record by them as of September 7, 1999. The rights expired at 5 pm, New York City time, on October 6, 1999. Page 5 From time to time the Company may publish forward-looking statements relating to such matters as anticipated financial performance, business prospects and similar matters. The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements. In order to comply with the terms of the safe harbor, the Company notes that a variety of factors could cause the Company's actual results and experience to differ materially from the anticipated results or other expectations expressed in the Company's forward-looking statements. The risks and uncertainties that may affect the operations, performance and results of the Company's business include the following: negative cash flow and continued access to outside sources of cash to fund operations; third party rights to terminate mortgage servicing; high delinquencies and losses in our securitization trusts; dependence on funding sources; Year 2000 compliance and technological enhancements; prepayment risk; changes in interest rates; basis risk; prolonged interruptions or reductions in the secondary market for mortgage loans; timing of loan sales; dependence on broker network; competition; concentration of operations in California; economic conditions; contingent risks on loans we sell; and government regulation. For a more complete discussion of these risks and uncertainties, see "Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations - Risk Factors" in the Company's Annual Report on Form 10-K for the fiscal year ended June 30, 1999, and subsequent Company filings with the United States Securities and Exchange Commission. ### -----END PRIVACY-ENHANCED MESSAGE-----