SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549
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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 2, 2001
Arch Wireless, Inc.
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(Exact Name of Registrant as Specified in Charter)
Delaware 000-23232/001-14248 31-1358569
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(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Numbers) Identification No.)
1800 West Park Drive, Suite 250
Westborough, MA 01581
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (508) 870-6700
ITEM 5. OTHER EVENTS.
Default in Indebtedness
Arch Wireless Communications, Inc. ("AWCI"), a wholly owned subsidiary of
Arch Wireless, Inc. (the "Registrant"), is today in default under its
outstanding 12-3/4% Senior Notes due 2007 for nonpayment of interest due on July
2, 2001. This default also constitutes a default under (i) AWCI's 9-1/2% Senior
Notes due 2004, (ii) AWCI's 14% Senior Notes due 2004 and (iii) the Third
Amended and Restated Credit Agreement, dated as of March 23, 2000, as amended,
by and among Arch Wireless Holdings, Inc., an indirect wholly owned subsidiary
of the Registrant, The Bank of New York as administrative agent and the other
lenders party thereto.
In addition, AWCI has deferred the interest payment due on August 1, 2001
under its 9-1/2% Senior Notes.
A copy of the press release issued by the Registrant on July 23, 2001
relating to the withdrawal of its proposal to restructure its outstanding debt
is attached hereto as an exhibit.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(c) Exhibits.
Exhibit No. Description
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99.1 Press release dated July 23, 2001 announcing the
withdrawal of the proposal by the Registrant to
restructure its outstanding debt
SIGNATURE
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.
Date: August 2, 2001 ARCH WIRELESS, INC.
By: /s/ J. Roy Pottle
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Name: J. Roy Pottle
Title: Executive Vice President and
Chief Financial Officer
EXHIBIT INDEX
Exhibit No. Description
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99.1 Press release dated July 23, 2001 announcing the
withdrawal of the proposal by the Registrant to
restructure its outstanding debt