Sharper Image Corp - Current report filing (8-K)

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): 11/05/2007

SHARPER IMAGE CORPORATION

(Exact name of registrant as specified in its charter)

Commission File Number: 0-15827

DELAWARE		94-2493558
(State or other jurisdiction of		(IRS Employer
incorporation)		Identification No.)

350 THE EMBARCADERO, 6TH FLOOR

SAN FRANCISCO, CALIFORNIA 94105

(Address of principal executive offices, including zip code)

(415) 445-6000

(Registrant’s telephone number, including area code)

(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 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

As previously disclosed in its 8-K filed August 24, 2007, Sharper Image Corporation (the "Company"), entered into an amended and restated credit facility with Wells Fargo Retail Finance, LLC on August 20, 2007 to include a term loan of $20 million. Of the $20 million term loan, $10 million was made immediately available on August 21, 2007 and the balance $10 million was expected to be made available within 45 days, upon completion of the syndication.

Subsequently, the Company disclosed in its 8-K filing on October 2, 2007 that the parties amended and extended the 45 days period to 75 days, ending on November 5, 2007.

On November 5, 2007, the parties further extended the time period for completion of the syndication to January 15, 2008.

Signature(s)

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.