<PAGE>
AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON JANUARY 26, 1998
Registration No. 333-18489
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
______________________
POST-EFFECTIVE AMENDMENT NO. 1
TO
FORM S-1 REGISTRATION STATEMENT
UNDER THE SECURITIES ACT OF 1933
______________________
NEXAR TECHNOLOGIES, INC.
(Exact Name of Registrant as Specified in Its Charter)
DELAWARE 3571 04-3268334
(State or Other (Primary Standard (I.R.S. Employer
Jurisdiction of Incorporation Industrial Classification Identification
or Organization) Code Number) Number)
257 TURNPIKE ROAD, SOUTHBOROUGH, MASSACHUSETTS 01772 (508) 485-7900
(Address, Including Zip Code, and Telephone Number, Including Area Code, of
Registrant's Principal Executive Offices)
ALBERT J. AGBAY
CHAIRMAN AND CHIEF EXECUTIVE OFFICER
NEXAR TECHNOLOGIES, INC.
182 TURNPIKE ROAD
WESTBOROUGH, MASSACHUSETTS 01581
(508) 836-8700
(Name, Address, Including Zip Code, and Telephone Number, Including Area Code,
of Agent For Service)
Copies to:
DAVID A. CIFRINO, P.C.
MCDERMOTT, WILL & EMERY
75 STATE STREET
BOSTON, MASSACHUSETTS 02109
(617) 345-5000
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EXPLANATORY NOTE
This Registration Statement is being amended to remove from registration
3,740,263 shares registered under this Registration Statement which have not
been sold under this Registration Statement by Palomar Medical Technologies,
Inc. ("Palomar"). Palomar is one of the "Selling Security Holders" of shares
registered under this Registration Statement for secondary sale from time to
time under the "Selling Security Holders' Prospectus" included within this
Registration Statement. 1,060,736 shares previously held by Palomar which were
transferred in transactions exempt from registration to Clearwater Fund IV LLC
("Clearwater"), one of the other Selling Security Holders listed in the Selling
Security Holders' Prospectus, remain registered under this Registration
Statement. A revised form of the Selling Security Holder Prospectus or a
supplement thereto deleting Palomar from the listing therein of Selling Security
Holders, and reflecting the transfer of shares from Palomar to Clearwater, will
be filed pursuant to Rule 424 under the Securities Act when used in connection
with any sale of the shares held by Selling Security Holders other than Palomar
which remain registered under this Registration Statement. This Post-Effective
Amendment No. 1 consists of only the Cover Page, this Explanatory Note and a
signature page.
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SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the Registrant
has duly caused this Post-Effective Amendment No. 1 to the Registration
Statement on Form S-1 to be signed on its behalf by the undersigned, thereunto
duly authorized, in the town of Southborough, Massachusetts on January 26, 1998.
NEXAR TECHNOLOGIES, INC.
By /s/ Albert J. Agbay
-------------------
Albert J. Agbay
Chief Executive Officer, President and
Chairman of the Board
Pursuant to the requirements of the Securities Act of 1933, this Post-
Effective Amendment No. 1 has been signed below by the following persons in the
capacities and on the dates indicated.
Signature Title(s) Date
- --------- -------- -----
/s/ Albert J. Agbay Chief Executive Officer January 26, 1998
- ----------------------- (Principal Executive
Albert J. Agbay Officer), President and
Chairman of the
Board of Directors
/s/ Gerald Y. Hattori Vice President of Finance January 26, 1998
- ----------------------- and Chief Financial Officer
Gerald Y. Hattori (Principal Financial
and Accounting Officer)
* Director
- -----------------------
Steven Georgiev
* Director
- -----------------------
Joseph E. Levangie
* Director
- -----------------------
Buster C. Glosson
*By: /s/ Albert J. Agbay January 26, 1998
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Attorney-in-Fact
