Form 8-K Tender Offer
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): May 17, 2005 (May 16, 2005)
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CAPITAL PROPERTIES, INC.
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(Exact name of registrant as specified in its charter)
Rhode Island
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(State or other jurisdiction of incorporation)
0-9380 05-0386287
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(Commission File Number) (IRS Employer Identification Number)
100 Dexter Road, East Providence, Rhode Island 02914
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(Address of principal executive offices)
(401) 435-7171
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(Registrant's telephone number, including area code)
N/A
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(Former name or former address, if changed since last report)
ITEM 8.01. OTHER EVENTS
On May 16, 2005, Capital Properties, Inc. (the "Registrant") sent a letter
to its shareholders responding to the tender offer by Mercury Real Estate
Advisors LLC, a Delaware limited liability company, Mercury Special Situations
Fund LP, a Delaware limited partnership, and Mercury Special Situations Offshore
Fund, Ltd., a British Virgin Islands company (collectively, the "Bidder"),
relating to the offer by the Bidder to purchase up to 285,000 shares of the
Class A Common Stock of the Registrant. In its letter, the Registrant advised
its shareholders that the Registrant's Board of Directors was unable to take a
position on the tender offer by the Bidder for the reasons as set forth in the
letter. A copy of the Registrant's press release and letter to shareholders
regarding the above is attached hereto as Exhibit 99.1 and Exhibit 99.2
respectively and are incorporated herein by reference.
ITEM 9.01. FINANCIAL STATEMENTS, PROFORMA FINANCIAL INFORMATION AND EXHIBITS.
(c) Exhibits.
99.1 Press Release regarding response to tender offer.
99.2 Letter to shareholders regarding tender offer.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
CAPITAL PROPERTIES, INC.
By: /s/ Barbara J. Dreyer
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Barbara J. Dreyer, Treasurer
Date: May 16, 2005