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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):
JULY 11, 1996
SPACETEC IMC CORPORATION
(Exact name of registrant as specified in its charter)
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<S> <C> <C>
MASSACHUSETTS 0-27302 04-3116697
(State or other jurisdiction (Commission File (IRS Employer
of incorporation) Number) Identification No.)
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THE BOOTT MILL, 100 FOOT OF JOHN STREET, LOWELL, MASSACHUSETTS 01852-1126
(Address of principal executive offices and zip code)
Registrant's telephone number, including area code:
(508) 970-0330
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ITEM 5. OTHER EVENTS.
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On July 10, 1996, Spacetec IMC Corporation ("Spacetec") announced that
its Board of Directors has authorized the repurchase, from time to time, of up
to 100,000 shares of Spacetec's Common Stock. Spacetec hereby incorporates by
reference the contents of its press release dated July 10, 1996, filed as
Exhibit 99 to this report.
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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: July 11, 1996 SPACETEC IMC CORPORATION
By: /s/ Linda S. Linsalata
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Linda S. Linsalata
Chief Financial Officer
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EXHIBIT INDEX
EXHIBIT SEQUENTIAL
NO. DESCRIPTION PAGE NO.
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99 Press release dated July 10, 1996. 5
Filed herewith.
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EXHIBIT 99
Contact: Linda Linsalata
Chief Financial Officer
Spacetec IMC Corporation
(508) 970-0330 Ext. 150
FOR IMMEDIATE RELEASE:
LOWELL, MASS. - JULY 10, 1996 - the board of Spacetec IMC Corporation
(Nasdaq: SIMC) today announced that it has authorized the repurchase, from time
to time, of up to 100,000 shares of Spacetec IMC Corporation stock on the open
market or in negotiated transactions, depending upon market conditions and other
factors. This program will become effective two days after the results for the
first quarter of fiscal year 1997 are published. Spacetec IMC Corporation has
approximately 7.3 million shares of common stock outstanding.
Spacetec IMC Corporation is a leading provider of three-dimensional
interactive motion control input hardware controllers and software systems for
workstations and personal computers.
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