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 18, 2009
UNIFI, INC.
(Exact name of registrant as specified in its charter)
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| New York
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1-10542
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11-2165495 |
| (State of Incorporation)
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(Commission File Number)
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(IRS Employer Identification No.) |
7201 West Friendly Avenue
Greensboro, North Carolina 27410
(Address of principal executive offices, including zip code)
(336) 294-4410
(Registrant’s telephone number, including area code)
Not Applicable
(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:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b)) |
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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 February 18, 2009, Unifi Asia Holding, SRL, a wholly owned subsidiary of Unifi, Inc. (the
“Registrant”), entered into an Equity Interest Transfer Agreement with Sinopec Yizheng Chemical
Fiber Co., Ltd. (“YCFC”), to sell its 50% ownership interest in Yihua Unifi Fibre Industry Co. Ltd
(“YUFI”) to YCFC for $9.0 million, subject to Chinese regulatory approvals and certain customary
closing conditions. Following the sale YUFI will be a wholly owned subsidiary of YCFC. The
Registrant anticipates that the sale will close prior to the end of the Registrant’s 2009 fiscal
year and will not have a significant effect on the Registrant’s financial statements, or result in
a material gain or loss for the Registrant.