SECURITIES AND EXCHANGE COMMMISSION
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): April 13, 1999
SONICS & MATERIALS, INC.
(Exact Name of Registrant as Specified in its Charter)
DELAWARE (State or Other Jurisdiction of Incorporation)
0-20573 06-0854713
(Commission File Number) (I.R.S. Employer Identification No.)
53 Church Hill Road
Newtown, CT
(Address of Principal Executive Offices)
06470
(Zip Code)
(203) 270-4600
(Registrant's Telephone Number, including area code)
<PAGE>
ITEM 5. OTHER EVENTS.
On April 13, 1999, Sonics & Materials, Inc. (the "Company") received
notice from Nasdaq-Amex Group ("Nasdaq") that the Company's securities would be
delisted from the Nasdaq SmallCap Market effective with the close of business
April 13, 1999 for failure to comply with the bid price and market value of
public float requirements, as set forth in Nasdaq Marketplace Rules. The minimum
bid price required by the Nasdaq SmallCap Market is $1.00, and the minimum
market value of the public float required by the Nasdaq SmallCap Market is
$1,000,000. On April 12, 1999, the closing bid price of the Company's stock was
$0.50 per share; consequently the market value of the public float was $522,500.
The Company began trading on the OTC Bulletin Board on April 14, 1999.
The Company's common stock and warrants continue to be traded under the
symbols "SIMA" and "SIMAW," respectively.
<PAGE>
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.
SONICS & MATERIALS, INC.
Date: April 27, 1999 By: /s/ Robert S. Soloff
---------------------------------
Name: Robert S. Soloff
Title: Chief Executive Officer
