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) November 27, 2000
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Connectivity Technologies Inc.
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(Exact name of registrant as specified in its charter)
Delaware 000-12113 94-2691724
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(State or other jurisdiction (Commission File Number) (I.R.S. Employer
of incorporation) Identification No.)
c/o William J. Bonadies, 645 Madison Avenue, Suite 2200, New York, NY 10022
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number including area code (212) 758-8500
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c/o Craig & Macauley, P.C., 600 Atlantic Avenue, Boston, Massachusetts 02210
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(Former name or former address, if changed since last report.)
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Item 5. Other Events and Regulation FD Disclosure.
Following the previously reported termination of the ownership by Connectivity
Technologies Inc. (the "Company") of its former operating subsidiary
Connectivity Products Incorporated, James M. Hopkins, President and Chief
Executive Officer and a Director of the Company, Kurt Cieszkowski, Executive
Vice President of the Company, and George H. Buckham, Secretary and Controller
of the Company, resigned. The Board of Directors has appointed Mr. William J.
Bonadies as the new President, Chief Executive Officer, Chief Financial Officer
and Secretary of the Company effective as of November 27, 2000.
Mr. Bonadies is also an Executive Vice President of Brae Capital Corporation, a
private investment and business acquisition firm, which maintains financial and
operating interests in a broad array of industries. Mr. Bonadies is responsible
for administrative and investment related functions at Brae Capital Corporation.
For seventeen years prior to joining Brae Capital Corporation, Mr. Bonadies held
various positions in the banking industry. His most recent position was as Vice
President and Senior Client Manager with The Chase Manhattan Private Bank. Mr.
Bonadies serves as a director of Paradyme Human Resources Corporation and
International Energy Services Inc.
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This Form 8-K contains statements that are forward-looking and are made pursuant
to the safe harbor provisions of the Private Securities Litigation Reform Act of
1995. Statements in this Form 8-K that are not historical information are
forward-looking statements. Such statements involve known and unknown risks and
uncertainties, which may cause the operations, performance, development and
results of the Company's business in future periods to differ materially from
those, suggested by the forward-looking statements. These risks include, among
others:
- ability to consumate transaction;
- fluctuations in interest rates;
- performance of financial markets;
- legislative and regulatory developments;
- and general economic conditions.
These and other risks are more fully described in the Company's filings with the
Securities and Exchange Commission. In light of the risks and uncertainties, the
Company cannot assure you that the forward-looking information contained in this
Form 8-K will, in fact, transpire.
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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 thereunto duly authorized.
CONNECTIVITY TECHNOLOGIES INC.
Date: January 9, 2001 By: /s/ William J. Bonadies
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Name: William J. Bonadies
Title: President, Chief Executive
Officer, Chief Financial Officer
and Secretary
