SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-C
REPORT BY ISSUER OF SECURITIES QUOTED ON NASDAQ
INTERDEALER QUOTATION SYSTEM
Filed Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934 and Rule 13a-17
or 15d-17 Thereunder
RCM TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)
2500 McClellan Avenue
3rd Floor, Kevon Office Center
Pennsauken, New Jersey 08109-4613
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(Address of Principal Executive Offices (Zip Code)
Issuer's telephone number, including area code (609) 486-1777
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I. CHANGE IN NUMBER OF SHARES OUTSTANDING
Indicate any change (increase or decrease) of 5% or more in the number
of shares outstanding:
1. Title of Security Common Stock, par value $.05 per share
2. Number of shares outstanding before the change 17,670,243
3. Number of shares outstanding after the change 24,170,243
4. Effective date of change March 11, 1996
5.
Method of change:
Specify method (such as merger, acquisition, exchange, distribution, stock
split, reverse split, acquisition of stock for treasury, etc.)
Issuance of 6,500,000 shares of Common Stock in connection with the
acquisition of The Consortium ("Consortium")
Give a brief description of transaction:
The issuer exchanged 6,500,000 shares of restricted common stock for all
the issued and outstanding shares of Consortium. The acquisition was
completed through a stock purchase transaction (the "Purchase") pursuant to
which Consortium, through an exchange of all its outstanding shares of
stock with the issuer, became a wholly owned subsidiary of the issuer. The
issuer has agreed to register such shares by filing a shelf registration
with the Securities and Exchange Commission by February 15, 1997. There are
certain limitations on the number of shares which can be held for resale
through March 11, 1999.
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II. CHANGE IN NAME OF ISSUER
1. Name prior to Change N/A
2. Name after Change N/A
3. Effective date of charter amendment changing name N/A
4. Date of shareholder approval of change, if required N/A
RCM TECHNOLOGIES, INC.
DATE: March 12, 1996 BY:/s/Stanton Remer
(Officer's Signature & Title)
Stanton Remer,
Chief Financial Officer and
Treasurer
