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): May 7, 2001
Penn Treaty American Corporation
---------------------------------
(Exact name of registrant as specified in its charter)
Pennsylvania 0-15972 23-1664166
----------------------------- ----------------- -------------------
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
3440 Lehigh Street
Allentown, Pennsylvania 18103
------------------------------
(Address of principal executive offices) (Zip Code)
(610) 965-2222
-----------------------------
(Registrant's telephone number, including area code)
Not Applicable
---------------
(Former name or former address, if changed since last report)
Item 5. Other Events.
------------
On May 8, 2001, Penn Treaty American Corporation ("Penn Treaty") filed
with the Securities and Exchange Commission a prospectus supplement dated May
7, 2001, to a prospectus dated November 15, 2000 (the "Prospectus
Supplement"), relating to the offering to Penn Treaty's insurance agents of
the opportunity to be standby purchasers of Penn Treaty's shares of common
stock which are currently being offered to holders of Penn Treaty's common
stock and its 6 1/4% convertible subordinated notes due 2003 in a rights
offering described in a prospectus supplement dated April 25, 2001. The
purchase price for each share will be $2.40. Penn Treaty may extend the
expiration date, modify the terms of the offering or cancel the rights
offering by press release at any time. If Penn Treaty cancels the rights
offering, it also intends to cancel this offering to standby purchasers.
Item 7. Financial Statements and Exhibits.
---------------------------------
(c) Exhibits.
--------
99.1 Form of Standby Purchase Agreement.
99.2 Letter to certain of Penn Treaty's insurance agents.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
PENN TREATY AMERICAN CORPORATION
May 8, 2001 By: /s/ Cameron B. Waite
------------------------------
Cameron B. Waite,
Chief Financial Officer
EXHIBIT INDEX
Number Exhibit
------ -------
99.1 Form of Standby Purchase Agreement.
99.2 Letter to certain of Penn Treaty's insurance agents.