U.S. Securities and Exchange Commission
Washington, D.C. 20549
Form 10-QSB/A
(Amendment No. 1)
(MarkOne)
[X] QUARTERLY REPORT PURSUANT SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the quarterly period ended December 31, 1996.
[ ] TRANSITION REPORT PURSUANT SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the transition period from ________________ to __________________
Commission file number: 333182
The Ashton Technology Group, Inc.
Delaware 22-6650372
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(State of incorporation) (IRS Employer
Identification No.)
1900 Market Street, Suite 701
Philadelphia, PA 19103
(Address of principal executive offices)
(215) 751-1900
(Issuer's telephone number, including area code)
(Former name, former address and former fiscal year, if changed
since last report)
Check whether the issuer (1) filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such
shorter period that the registrant was required to file such reports), and (2)
has been subject to such filing requirements for the past 90 days. Yes X No __
APPLICABLE ONLY TO CORPORATE ISSUERS
The number of shares outstanding of common stock, as of December 31, 1996:
7,562,500.
<PAGE>
Item 6. Exhibits and Reports on Form 8-K
On April 10, 1997, The Ashton Technology Group, Inc. withdrew its request
for confidential treatment of Section 5.20 of Exhibit 10.1 to this Form 10-QSB,
and therefore Section 5.20 of Exhibit 10.1 to this Schedule 10-QSB is hereby
restated as follows:
"Section 5.20 Rosensaft Cooperation. Rosensaft hereby agrees to cooperate
fully with Ashton, UTTC, Dover and Rittereiser with regard to the Securities and
Exchange Commission's investigation styled In the Matter of Ashton Technology
Group, Inc. (P-225) (the "Investigation"). Rosensaft further agrees that
Cadwalader, Wickersham & Taft, Ashton's counsel, shall act as co-counsel to
Rosensaft with Smith Campbell & Paduano in connection with the Investigation."
SIGNATURES
In accordance with the requirements of the Securities Exchange Act, the
registrant caused this report to be signed on its behalf by the undersigned
thereunto duly authorized.
The Ashton Technology Group, Inc.
---------------------------------
(Registrant)
Date: April 18, 1997 By: /s/ Fredric W. Rittereiser
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Chief Executive Officer
