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ACU > SEC Filings for ACU > Form 8-K on 25-Jun-2008

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Form 8-K for ACME UNITED CORP

25-Jun-2008

Entry into a Material Definitive Agreement, Financial Statements and Exhibits

ITEM 1.01. Entry into a Material Definitive Agreement

On June 24, 2008 Acme United Corporation issued a press release announcing that it had entered into a new revolving loan agreement with Wachovia bank. The new two year facility increases availability from $15 million to $20 million, lowers the interest rate from Libor plus 1% to Libor plus 7/8% and extends the maturity date to June 30, 2010. A copy of the press release is attached as exhibit 99.1 to this current report.

Item 9.01. Financial Statements and Exhibits.

Exhibit Number             Description
--------------             -----------

     99.1                  Press release dated June 24, 2008.

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