ATMI INC
8-K, 1998-03-09
GENERAL INDUSTRIAL MACHINERY & EQUIPMENT, NEC
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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


                               Februrary 19, 1998
                                 Date of Report
                        (Date of earliest event reported)


                                   ATMI, INC.
             (Exact name of registrant as specified in its charter)


                                    Delaware
                 (State or other jurisdiction of incorporation)

                  02-22756                            06-1481060
           (Commission File Number)      (IRS Employer Identification No.)


                      7 Commerce Drive
                      Danbury, Connecticut                 06810
         (Address of principal executive offices)       (Zip Code)



                                 (203) 794-1100
              (Registrant's telephone number, including area code)




<PAGE>



Item 5.  Other Events.

On February 19, 1998,  ATMI, Inc (the  "Company")  announced that it had entered
into  a  definitive  merger  agreement  with  NOW   Technologies,   Inc.  ("NOW
Technologies")  pursuant to which NOW Technologies  would become a wholly-owned
subsidiary of the Company. The closing of the merger agreement is subject to the
approval of the  shareholders of NOW  Technologies  and  appropriate  government
agencies and to the satisfaction of other customary conditions.  While the exact
number of shares of Common Stock to be issued by the Company to the shareholders
of NOW Technologies  will not be determined until the third trading day prior to
the  closing,  the number of shares to be issued will range from 1.20 million to
1.64 million  (excluding shares issuable upon exercise of outstanding  options).

The merger is  intended  to be treated  as a tax-free  reorganization  and to be
accounted for as a pooling of interests.  NOW Technologies is a manufacturer and
distributor of  semiconductor  materials  packaging  systems,  particularly  for
advanced photoresist  materials.  For the twelve months ended December 31, 1997,
NOW Technologies had total revenues of approximately $15.0 million.

<PAGE>


                                    SIGNATURE

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:  March 9, 1998       ATMI, INC.

                           /s/ Daniel P. Sharkey
                           Daniel P. Sharkey
                           Vice President, Chief Financial Officer and Treasurer


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