ORA ELECTRONICS INC
8-K, 2000-06-15
ELECTRONIC COMPUTERS
Previous: COLORADO BUSINESS BANKSHARES INC, S-1/A, EX-25.3, 2000-06-15
Next: NANOGEN INC, S-8, 2000-06-15






                                  UNITED STATES
                       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): June 13, 2000


                              ORA ELECTRONICS, INC.
            --------------------------------------------------------
             (Exact name of registrant as specified in its charter)



      Delaware                      0-21903              95-4607830
-----------------------------   --------------        ------------------
(State or other jurisdiction      (Commission            IRS Employer
     of incorporation)            File Number)        Identification No.)


            9410 Owensmouth Avenue, Chatsworth, California   91311
              (Address of principal executive offices)     (Zip Code)


     Registrant's telephone number, including area code: (818) 772-2700

       -------------------------------------------------------------------
        (Former names or former address, if changed from last report)



<PAGE>2



Item 5.     OTHER EVENTS

ORA  Electronics,  Inc. (the "Company"),  has previously  issued certain Class A
Warrants (the "A Warrants").  By their terms, the A Warrants entitle the holders
thereof to  purchase  shares of the  Company's  common  stock  ("Shares")  at an
exercise  price of $5.00  per Share on or prior to June 30,  2000 (the  "Class A
Exercise Deadline"). The Company has extended the Class A Exercise Deadline and,
accordingly, the A Warrants are now exercisable through, and until, the close of
business on December 31, 2000.  Other than the extension of the Class A Exercise
Deadline, the terms of the A Warrants remain unchanged.

The  Company  has  also  previously  issued  certain  Class B  Warrants  (the "B
Warrants").  By their  terms,  the B Warrants  entitle  the  holders  thereof to
purchase Shares at an exercise price of $10.00 per Share on or prior to June 30,
2000 (the "Class B Exercise  Deadline").  The Company has  extended  the Class B
Exercise Deadline and, accordingly,  the B Warrants are now exercisable through,
and until,  the close of business on June 30, 2001.  Other than the extension of
the Class B Exercise Deadline, the terms of the B Warrants remain unchanged.

The  Company  has  also  previously  issued  certain  Class C  Warrants  (the "C
Warrants").  By their  terms,  the C Warrants  entitle  the  holders  thereof to
purchase Shares at an exercise price of $15.00 per Share on or prior to June 30,
2000 (the "Class C Exercise  Deadline").  The Company has  extended  the Class C
Exercise Deadline and, accordingly,  the C Warrants are now exercisable through,
and until,  the close of business on June 30, 2001.  Other than the extension of
the Class C Exercise Deadline, the terms of the C Warrants remain unchanged.


<PAGE>3

Pursuant to the requirement of the Securities  Exchange Act of 1934, the Company
has duly  caused  this  report  to be signed  on its  behalf by the  undersigned
hereunto duly authorized.


Date:   June 15, 2000

                                                 ORA ELECTRONICS, INC.


                             By: /s/ John M. Burris
                                     ------------------------------------------
                                     John M. Burris
                                     Vice President and Chief Financial Officer






© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission