syprisolutions8k20708.htm
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): February 1,
2008
___________________
Sypris
Solutions, Inc.
(Exact
name of registrant as specified in its charter)
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Delaware
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0-24020
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61-1321992
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(State
or Other Jurisdiction
of
Incorporation)
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(Commission
File
Number)
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(I.R.S.
Employer
Identification
No.)
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101
Bullitt Lane, Suite 450
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Louisville,
Kentucky
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40222
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(Address
of Principal
Executive
Offices)
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(Zip
Code)
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Registrant’s
telephone number, including area code: (502) 329-2000
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:
[
] 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
7 – Regulation FD
Item
7.01 Regulation
FD Disclosure.
In
connection with the emergence of the consolidated bankruptcy estates of Dana
Corporation and certain of its affiliates (“Dana”), the claim of Sypris
Solutions, Inc. (the “Company”) against Dana in the amount of $89,900,000 was
converted into approximately 3.1 million shares of common stock in Dana Holding
Corporation. Effective as of February 1, 2008, the newly issued
shares of Dana Holding Corporation began trading on the New York Stock Exchange
under the ticker symbol “DAN”. However, the Company does not
expect the trading value of these shares to reflect their fair market value
until sufficient volumes of daily trading have been established.
The
information in this Form 8-K is being furnished pursuant to Item 7.01
“Regulation FD Disclosure” and shall not be deemed “filed” for purposes of
Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the
liabilities of that section, nor shall it be deemed incorporated by reference in
any filing under the Securities Act of 1933, except as shall be expressly set
forth by specific reference in such filing.
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.
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Dated:
February 7, 2008
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Sypris
Solutions, Inc.
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By:
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/s/ John R.
McGeeney___________
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John
R. McGeeney
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General
Counsel and Secretary
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