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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) January 11, 1996
INTEK DIVERSIFIED CORPORATION
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(Exact name of Registrant as Specified in Its Charter)
Delaware
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(State or Other Jurisdiction of Incorporation)
0-9160 04-2450145
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(Commission File Number) (I.R.S. Employer Identification No.)
970 West 190th Street, Suite 720, Torrance, California 90502
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(Address of Principal Executive Office) (Zip Code)
(310)366-7335
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Registrant's Telephone Number, Including Area Code)
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(Former Name or Former Address, if Changed Since Last Report)
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Item 5. Other Events.
On January 11, 1996, Intek Diversified Corporation ("Intek") sold 201,000
shares of its Common Stock to five corporations and one individual at a
purchase price of $4.25 per share net to Intek. All of the purchasers were
foreign corporations or residents which executed subscription agreements
representing and warranting that the shares were offered and sold in non-U.S.
transactions. The sale of the shares was exempt from the registration
requirements of the Securities Act of 1933 pursuant to Rule 903 of Regulation
S. The purchasers were located by Summit Capital Associates, Inc., which had
signed a placement agreement with Intek pursuant to which Summit was entitled
to retain the amount by which the purchase price of the shares exceeded $4.25
per share.
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 hereunto duly authorized.
INTEK DIVERSIFIED CORPORATION
(Registrant)
Date: January 22, 1996 By: /s/ Steven L. Wasserman
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(Signature)
Steven L. Wasserman
Secretary
