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
March 12, 2002
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Date of report (Date of Earliest Event Reported)
PRECISION AUTO CARE, INC.
(Exact name of Registrant as specified in Its Charter)
VIRGINIA 0-29478 54-1847851
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(State or other jurisdiction of (Commission File Number) (I.R.S. Employer
incorporation) Identification No.)
748 Miller Drive, S.E., Leesburg, Virginia 20175
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(Address of principal executive offices and zip code)
(703) 777-9095
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Registrant's telephone number, including area code
ITEM 5. OTHER EVENTS.
Issuance of Press Release Regarding Extension of of Rights Offering.
On March 12, 2002, Precision Auto Care, Inc. issued a press release
announcing the extension of its rights offering from March 15, 2002 to April 5,
2002.
A copy of such press release is filed as Exhibit 99.1 to this Current
Report on Form 8-K and is incorporated by reference herein.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits
Exhibit 99.1 Press release dated March 12, 2002, announcing
the extension of Precision Auto Care, Inc.'s
rights offering.
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.
PRECISION AUTO CARE, INC.
Date: March 12, 2002 By: /s/ Robert R. Falconi
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Robert R. Falconi
Chief Financial Officer
LIST OF EXHIBITS
99.1 Press release dated March 12, 2002, announcing the extension of
Precision Auto Care, Inc.'s rights offering.