UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities and Exchange Act of 1934
Date of Report (Date of earliest event reported): February 18, 2005
Bluefly, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 001-14498 13-3612110
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(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification Number)
42 West 39th Street, New York, New York 10018
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (212) 944-8000
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(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 (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))
SECTION 5 - REGISTRANT'S BUSINESS AND OPERATIONS
ITEM 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
On February 18, 2005, the Company entered into an amendment to its Financing
Agreement with Rosenthal & Rosenthal, Inc. ("Rosenthal") pursuant to which the
term of the Company's credit facility with Rosenthal (the "Credit Facility") was
extended for one year to March 30, 2006.
Also on February 18, 2005, the maturity date of the promissory notes in the
aggregate principal amount of $4.0 million previously issued to affiliates of
Soros Private Equity Partners (the "Notes") was extended for one year to May 1,
2006.
Attached as Exhibits 99.1 and 99.2, respectively, are copies of the agreements
pursuant to which the Credit Facility and the Notes were extended. Attached as
Exhibit 99.3 is a copy of the press release issued by the Company on February
23, 2005 announcing the extensions.
SECTION 9 - FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
(C) EXHIBITS
99.1 Amendment No. 2, dated as of February 18, 2005, to Amended and Restated
Financing Agreement, dated as of April 21, 2004, by and between the Company and
Rosenthal & Rosenthal, Inc.
99.2 Amendment No. 2, dated as of February 18, 2005, by and between the Company,
Quantum Industrial Partners LDC and SFM Domestic Investments LLC
99.3 Press Release dated February 23, 2005
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.
BLUEFLY, INC.
(Registrant)
Date: February 23, 2005 By: /s/ Patrick C. Barry
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Name: Patrick C. Barry
Title: Chief Operating Officer and Chief
Financial Officer
INDEX TO EXHIBITS
Exhibit No.
99.1 Amendment No. 2, dated as of February 18, 2005, to Amended and Restated
Financing Agreement, dated as of April 21, 2004, by and between the Company and
Rosenthal & Rosenthal, Inc.
99.2 Amendment No. 2, dated as of February 18, 2005, by and between the Company,
Quantum Industrial Partners LDC and SFM Domestic Investments LLC
99.3 Press Release February 23, 2005