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
June 21, 2000
Date of Report
(Date of earliest event reported)
WORLD DIAGNOSTICS, INC.
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(Exact name of registrant as specified in its charter)
Delaware 000-27627 65-0742342
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
15271 N.W. 60th AVENUE, MIAMI LAKES, FLORIDA 33014
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(Address of registrant's principal executive offices)
(305) 827-3304
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(Registrant's telephone number, including area code)
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Items 5. Other Events.
WORLD DIAGNOSTICS, INC.
COMPLETES $500,000 PRIVATE PLACEMENT OF EQUITY UNITS
The Company completed a private placement of $500,000, consisting of units of
3,572 shares of the Company's Common Stock priced at $7.00 per share and
warrants, exercisable at $7.00 per share or exchangeable, without additional
cash consideration, but subject to certain restrictions and lock-up provisions,
for an additional 3,572 shares per unit of the Company's Common Stock. The
proceeds will be used for general working capital purposes.
FORWARD LOOKING STATEMENTS
Statements used in this press release that relate to future plans, events,
financial reports or performance are forward-looking statements as defined under
the private Securities Litigation Reform Act of 1995. Actual results may differ
materially from those anticipated as a result of certain risks, uncertainties
and assumptions, including, but not limited to, market acceptance of the
Company's products, adverse economic and market conditions, government
regulation and regulatory uncertainties, as well as other risks and
uncertainties detailed from time to time in the Company's periodic repots filed
with the Securities and Exchange Commission. Readers are cautioned not to place
undue reliance on these forward-looking statements, which speak only as of the
date hereof. World Diagnostics Inc. undertakes no obligation to republish or
revise forward-looking statements to reflect anticipated or unanticipated events
or circumstances after the date hereof.
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.
WORLD DIAGNOSTICS, INC.
By: /s/ Ken Peters
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Ken Peters
President
Date: June 27, 2000
