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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): September 13, 2021
THE DIXIE GROUP, INC.
(Exact name of Registrant as specified in its charter)
| Tennessee | 0-2585 | 62-0183370 | ||||||||||||
| (State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||||||||
| 475 Reed Road | Dalton | Georgia | 30720 | |||||||||||
| (Address of principal executive offices) | (zip code) | |||||||||||||
| 706 | 876-5800 | ||||
| (Registrant's telephone number, including area code) | |||||
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))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 7.01 Regulation FD Disclosure.
On Monday, September 13, 2021, The Dixie Group, Inc. (the “Company”) announced that it had entered into a final agreement for the sale of its AtlasMasland commercial business to Mannington Mills, Inc. The transfer of inventory and equipment, pursuant to the terms of the agreement and commencement of operations pursuant to a transition services agreement between the parties began on the weekend of September 11, 2021.
Negotiations for the sale were conducted pursuant to the terms of a non-binding letter of intent between the parties previously announced on June 30, 2021 and a definitive agreement on terms was reached September 13, 2021. The final details of the transaction, including pro forma information required by applicable Securities and Exchange Act rules, will be announced on a current Report on Form 8-K to be filed by the Company on or before September 17, 2021.
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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Date: September 13, 2021
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THE DIXIE GROUP, INC. | |||||||
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/s/ Allen L. Danzey
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| Allen L. Danzey | ||||||||
| Chief Financial Officer | ||||||||