As filed with the Securities and Exchange Commission on July 8, 1998
SEC File No. 33-96892-A
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SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
POST-EFFECTIVE
AMENDMENT NO. 1
TO
FORM SB-2
Registration Statement
Under the Securities Act of 1933
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TERRACE HOLDINGS, INC.
(Exact name of Registrant as specified in its charter)
Delaware 5812 65-0594270
(State or other jurisdiction (Primary Standard (I.R.S. Employer
of incorporation Industrial Classification Identification No.)
or organization) Code Number)
1351 N.W. 22nd Street
Pompano Beach, Florida 33069
954-917-7272
(Address, including zip code, and telephone
number, including area code, of Registrant's
principal executive offices and principal place
of business)
To Remove from Registration the 1,637,500 Shares of Common Stock
Underlying 1,637,500 Warrants Issued in or Prior to the
Registrant's Initial Public Offering
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<PAGE>
EXPLANATORY NOTE
In accordance with Item 28, the Registrant hereby removes from
registration all of the 1,437,500 shares of Common Stock underlying Redeemable
Common Stock Purchase Warrants heretofore registered by means of this
Registration Statement. In addition, the Registrant hereby removes from
registration 200,000 shares of Common Stock underlying Class A Warrants
heretofore registered by means of this Registration Statement. These 1,637,500
shares of Common Stock are the subject of a new pending registration statement
filed with the Commission in January, 1998, (Commission File No. 333-45195).
Accordingly, all of such 1,637,500 shares of Common Stock underlying
the aforementioned Warrants and heretofore registered in this Registration
Statement are hereby removed from registration.
<PAGE>
SIGNATURES
In accordance with the requirements of the Securities Act of 1933, the
Registrant certifies that it has reasonable grounds to believe that it meets all
of the requirements for filing on Form SB-2 and authorized this Post-Effective
Amendment No. 1 to the Registration Statement to be signed on its behalf by the
undersigned, thereunto duly authorized, in the City of Pompano Beach, State of
Florida, on the 8th day of July, 1998.
TERRACE HOLDINGS, INC.
By: /s/ Jonathan S. Lasko
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Jonathan S. Lasko, Executive Vice-President
In accordance with the requirements of the Securities Act of 1933, this Post
Effective Amendment No. 1 to the Registration Statement has been signed by the
following persons in the capacities and on the dates indicated.
Signatures Title Date
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/s/ Steven Shulman Director and Chief July 8, 1998
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Steven Shulman Executive Officer
/s/ Samuel H. Lasko President and Director July 8, 1998
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Samuel H. Lasko
/s/ Jonathan S. Lasko Executive Vice-President, July 8, 1998
- -------------------------- Secretary, Chief Operating
Jonathan S. Lasko Officer, Principal Financial
Officer and Director
/s/ Bruce S. Phillips Director July 8, 1998
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Bruce S. Phillips
/s/ Mario Jacobs Principal Accounting Officer July 8, 1998
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Mario Jacobs
/s/ Bernard Rubin, M.D Director July 8, 1998
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Bernard Rubin, M.D.
/s/ Richard Power Director July 8, 1998
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Richard Power
/s/ Fred A. Seigel Director July 8, 1998
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Fred A. Seigel
