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): August 6, 2006
|
JACLYN, INC.
|
| (Exact Name of Registrant as Specified in its Charter) |
|
|
|
| Delaware |
1-5863 |
22-1432053 |
| (State or Other Jurisdiction |
(Commission |
(IRS Employer |
| of Incorporation) |
File No.) |
Identification No.) |
|
|
| 635 59TH Street |
|
|
| West New York, New Jersey |
|
07093 |
|
|
|
| (Address of Principal Executive Offices) |
|
(Zip Code) |
|
Registrants
telephone number, including area code: (201) 868-9400
|
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:
|
|
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)) |
| Item 1.01. |
|
Entry into a Material Definitive Agreement. |
Jaclyn,
Inc. (the Company) entered into an amendment (the
Amendment) to the Option Contract of Sale dated as of September 7, 2005
between the Company and John Crowley (the Optionee), pursuant to which
the Company granted to the Optionee an option relating to the sale of the Companys
executive offices and warehouse facility, as well as two adjacent lots, located in West
New York, New Jersey. Among other things, the Amendment grants to the Optionee up to an
additional six-months to obtain necessary approvals from applicable governmental
authorities for the contemplated use of the property as residential housing.
| Item 9.01. |
|
Financial Statements and Exhibits. |
| |
(a) |
|
Financial
Statements of Businesses Acquired. Not Applicable. |
| |
(b) |
|
Pro
Forma Financial Information. Not Applicable. |
| |
|
10.01 |
|
Amendment
to Option Contract of Sale dated as of September 7, 2005 between the Company
and John Crowley. |
SIGNATURES
Pursuant
to the requirements of 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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| Date: August 16, 2006 |
JACLYN, INC. |
|
|
| |
By: /s/ Robert Chestnov |
| |
Robert Chestnov, President |
|
EXHIBIT INDEX
| |
|
10.01 |
|
Amendment
to Option Contract of Sale dated as of September 7, 2005 between the Company
and John Crowley. |