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):
March 24, 1997
________________________________________
THERMOQUEST CORPORATION
(Exact name of Registrant as specified in its charter)
Delaware 1-14262 77-0407461
(State or other (Commission (I.R.S. Employer
jurisdiction of File Number) Identification Number)
355 River Oaks Parkway 95134
San Jose, California (Zip Code)
(408) 577-1053
(Registrant's telephone number
including area code)
PAGE
<PAGE>
Item 5. Other Events
On March 31, 1997, ThermoQuest Corporation (the "Company")
issued a press release, attached hereto as Exhibit 99, to
announce that it had completed a private placement of 1,768,500
shares of its common stock, for net proceeds to the Company of
approximately $25,000,000.
PAGE
<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 thereunto duly authorized, on
this 7th day of April, 1997.
THERMOQUEST CORPORATION
By: /s/ Jonathan W. Painter
---------------------------
Jonathan W. Painter
EXHIBIT 99
THERMOQUEST COMPLETES PRIVATE PLACEMENTS OF COMMON STOCK
WALTHAM, Mass., March 31, 1997 -- ThermoQuest Corporation
(ASE-TMQ) announced today that it has completed private
placements of approximately 1.77 million shares of common stock
at a purchase price of $15.00 per share. The private placements
were arranged by Lehman Brothers Inc. and Goldman, Sachs & Co.
The net proceeds to ThermoQuest from the offering were
approximately $25 million, which the company will use for general
corporate purposes, including possible acquisitions.
The shares issued in the private placements have not been
registered under the Securities Act of 1933 and may not currently
be offered or sold in the United States absent registration or an
exemption from registration. However, ThermoQuest will soon file
a registration statement with the Securities and Exchange
Commission to permit the resale of the shares in the open market.
Such resales may be made only by means of the prospectus, which
will be contained in the registration statement. Following the
private placement, Thermo Instrument Systems Inc. owns
approximately 90 percent of ThermoQuest's outstanding common
stock.
