UNITED STATES 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) November 3, 2004 ------------------ AMERICAN BILTRITE INC. -------------------------------------------------- (Exact Name of Registrant as Specified in Charter) Delaware 04-1701350 04-1701350 --------------- ---------------- ------------- (State or other (Commission File (IRS Employer jurisdiction of No.) Identification No.) Incorporation) 57 River Street, Wellesley Hills, Massachusetts 02481-2097 ------------------------------------------------------------ (Address of principal executive offices, including zip code) (781) 237-6655 ----------------------------------------- (Registrant's telephone number, including area code) Not Applicable ------------------------------------------------------------- (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: |_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Item 1.01. Entry into a Material Definitive Agreement On November 3, 2004, American Biltrite Inc. and its majority-owned subsidiary K&M Associates L.P. entered into an amendment to its existing credit agreement with Fleet National Bank. The amendment extended the expiration date of the credit agreement to January 1, 2006 and amended certain definitions and reporting requirements under the credit agreement. The amendment is filed hereto as Exhibit 10.1. Item 9.01. Financial Statements and Exhibits (c) Exhibits Exhibit Number Description ------ ----------- Amendment No. 3 to Credit Agreement, dated as of November 3, 2004, among American Biltrite Inc., K&M 10.1 Associates L.P. and Fleet National Bank SIGNATURES 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. Date: November 8, 2004 AMERICAN BILTRITE INC. By: /s/ Howard N. Feist III -------------------------- Name: Howard N. Feist III Title: Chief Financial Officer EXHIBIT INDEX Exhibit Number Description ------ ----------- 10.1 Amendment No. 3 to Credit Agreement, dated as of November 3, 2004, among American Biltrite Inc., K&M Associates L.P. and Fleet National Bank