UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a) of
the Securities Exchange Act of 1934 (Amendment No. )
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Filed by the Registrant ☒ |
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Filed by a Party other than the Registrant ☐ |
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Check the appropriate box: |
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Preliminary Proxy Statement |
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Confidential, for Use of the Commission Only (as permitted by Rule 14a‑6(e)(2)) |
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Definitive Proxy Statement |
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Definitive Additional Materials |
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Soliciting Material under §240.14a‑12 |
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CHEROKEE INC. |
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(Name of Registrant as Specified in its Charter) |
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(Name of Person(s) Filing Proxy Statement, if Other Than the Registrant) |
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No fee required. |
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Fee computed on table below per Exchange Act Rules 14a‑6(i)(1) and 0‑11. |
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Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0‑11 (set forth the amount on which the filing fee is calculated and state how it was determined): |
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Fee paid previously with preliminary materials. |
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Check box if any part of the fee is offset as provided by Exchange Act Rule 0‑11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. |
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Amount Previously Paid: |
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Form, Schedule or Registration Statement No.: |
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CHEROKEE INC.
5990 Sepulveda Boulevard, Suite 600
Sherman Oaks, California 91411
NOTICE OF CANCELLATION OF
SPECIAL MEETING OF STOCKHOLDERS
NOTICE IS HEREBY GIVEN to the stockholders of Cherokee Inc. (“Cherokee”) that the previously announced special meeting of Cherokee’s stockholders (the “Special Meeting”), originally scheduled to be held on November 28, 2017 at 8:00 a.m. (Pacific Time) and previously postponed, has been cancelled.
The purpose of the Special Meeting was to obtain the approval of Cherokee’s stockholders, in accordance with certain rules of the Nasdaq Stock Market LLC, of certain future equity financings that Cherokee may have been required to effect in order to maintain compliance with its senior secured credit facility with Cerberus Business Finance, LLC (“Cerberus”). However, as a result of the effectiveness of an amendment to the Cerberus credit facility that eliminates such requirement, these future equity financings will not be effected as contemplated. As a result, the Special Meeting no longer has a useful purpose and does not need to be held.
Cherokee’s Board of Directors apologizes for any inconvenience this may have caused its stockholders.
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By Order of the Board of Directors, |
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/s/ Howard Siegel |
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Howard Siegel |
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Secretary |
Sherman Oaks, California
December 13, 2017