Sipex Corporation, Form 8-K dated 5-5-2003
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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 5, 2003

SIPEX CORPORATION


(Exact name of registrant as specified in charter)
         
Massachusetts   000-27892   95-4249153

 
 
(State of incorporation)   (Commission file number)   (IRS Employer Identification No.)
         
233 South Hillview Drive, Milpitas CA     95053  

   
 
(Address of principal executive offices)     (Zip code)  
       
Registrant’s telephone number, including area code:   (408) 934-7500  
   
 
       

 


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Item 5. Other Events.
Item 7. Financial Statements and Exhibits.
SIGNATURES
EXHIBIT INDEX
EXHIBIT 99.1


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Item 5. Other Events.

     On May 5, 2003, SIPEX Corporation (the “Company” or the “Registrant”) issued a press release reporting that it had commenced discussions with Future Electronics Inc., the Company’s only distributor for North America and Europe, regarding a strategic sales arrangement and a loan of approximately $10 million. The full text of the press release is filed herewith as Exhibit 99.1.

Item 7. Financial Statements and Exhibits.

  (c)   Exhibits
             
      99.1     Press release, dated May 5, 2003, reporting that Registrant and Future Electronics have commenced discussions regarding strategic sales arrangement and convertible loan.

 


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SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.

         
        SIPEX CORPORATION
(Registrant)
         
Dated: May 6, 2003   By:   /s/ Phillip A. Kagel
       
        Phillip A. Kagel
Senior Vice President, Finance,
Chief Financial Officer and Treasurer

 


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EXHIBIT INDEX

     
Exhibit    
Number    

   
99.1   Press release, dated May 5, 2003, reporting that Registrant and Future Electronics have commenced discussions regarding strategic sales arrangement and convertible loan.