8-K 1 a07-29108_28k.htm 8-K

 

UNITED STATES

 SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 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):  November 15, 2007

 

POLYMER GROUP, INC.

(Exact Name of Registrant as Specified in Its Charter)

 

Delaware

1-14330

57-1003983

(State or Other Jurisdiction

(Commission

(IRS Employer

of Incorporation)

File Number)

Identification No.)

 

9335 Harris Corners Parkway, Suite 300

 

Charlotte, North Carolina

28269

(Address of Principal Executive Offices)

(Zip Code)

 

(704) 697-5100

(Registrant’s Telephone Number, Including Area Code)

 

(Former Name or Former Address, if Changed Since Last Report)

 

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:

 

o

 

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

 

 

 

o

 

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

 

 

 

o

 

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

 

 

 

o

 

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

 

 

 



Item 8.01.  Other Events.

 

On November 15, 2007, Polymer Group, Inc. (the “Company”) issued a press release announcing that the Company, and selling stockholders consisting primarily of MatlinPatterson Global Opportunities Partners, L.P. and certain of its affiliates, would postpone their proposed public offering of the Company’s Class A Common Stock, citing poor market conditions as the reason for the decision. The Company also announced that its Class A Common Stock will not be listed on the New York Stock Exchange and will continue to trade under its current ticker symbol. A copy of the press release is furnished as Exhibit 99.1 hereto.

 

Item 9.01.  Financial Statements and Exhibits.

 

(d)   Exhibits

 

99.1

 

Press Release dated November 15, 2007 announcing that Polymer Group, Inc. postpones proposed public offering of Class A Common Stock.

 

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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.

 

 

POLYMER GROUP, INC.

 

 

 

 

 

/s/ Daniel L. Rikard

Date: November 16, 2007

Daniel L. Rikard

 

VP, General Counsel and Secretary

 

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