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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15 (D) OF THE
SECURITIES EXCHANGE ACT OF 1934
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DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): FEBRUARY 1, 1999
AVATEX 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)
1-8549 25-1425889
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(COMMISSION FILE NUMBER) (I.R.S. EMPLOYER IDENTIFICATION NO.)
5910 N. CENTRAL EXPRESSWAY, SUITE #1780 75206
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(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
214-365-7450
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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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Page 1 of 7 Pages
Exhibit Index on Page 3
<PAGE>
Item 5. Other Events.
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On January 28, 1999, Avatex Corporation ("Avatex") was informed that it no
longer met the continued listing requirements of the New York Stock Exchange.
Effective February 1, 1999, Avatex's common and preferred stock moved to the
NASD OTC Bulletin Board system. Avatex's common stock now trades under the
symbol "AVAX"; its $5.00 First Series Cumulative Convertible Preferred Stock
will trade under the symbol "AVAXP"; and its $4.20 Cumulative Exchangeable
Series A Preferred Stock will trade under the symbol "AVAXO".
Reference is hereby made to (i) the Press Release, dated January 28, 1999,
and (ii) the Press Release, dated February 1, 1999, issued by Avatex, which are
attached hereto as Exhibits 99.1 and 99.2, respectively, and incorporated herein
by reference.
Item 7. Financial Statements and Exhibits
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(c) Exhibits
99.1 Press Release dated January 28, 1999, issued by Avatex Corporation.
99.2 Press Release dated February 1, 1999, issued by Avatex Corporation.
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.
AVATEX CORPORATION
(Registrant)
By: /s/ Robert H. Stone
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Robert H. Stone
Vice President, General
Counsel and Secretary
Page 2 of 7 Pages
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EXHIBIT INDEX
Exhibit No. Description Page
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99.1 Press Release dated January 28, 1999, issued by Avatex
Corporation.
99.2 Press Release dated February 1, 1999, issued by Avatex
Corporation.
Page 3 of 7 Pages
EXHIBIT 99.1
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Page 4 of 7 Pages
<PAGE>
For: Avatex Corporation
Contact: Edward Massman
Chief Financial Officer
(214) 365-7450
FOR IMMEDIATE RELEASE
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AVATEX CORPORATION TO MOVE TO ELECTRONIC BULLETIN BOARD
DALLAS, TX - JANUARY 28, 1999 - AVATEX CORPORATION (NYSE: AAV) today announced
that the Company has been informed that it no longer meets the continued listing
requirements of the New York Stock Exchange. The Company will move to the NASD
OTC Electronic Bulletin Board system effective Monday, February 1, 1999.
Avatex is a holding company that, along with its subsidiaries, owns interests in
hotels and an office building and in other corporations and partnerships.
Through Phar-Mor, Inc., its 38% owned affiliate, Avatex is involved in operating
a chain of discount retail drugstores.
For: Avatex Corporation
Contact: Edward Massman
Chief Financial Officer
(214) 365-7450
Page 5 of 7 Pages
EXHIBIT 99.2
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Page 6 of 7 Pages
<PAGE>
For: Avatex Corporation
Contact: Edward Massman
Chief Financial Officer
(214) 365-7450
FOR IMMEDIATE RELEASE
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AVATEX CORPORATION MOVES TO ELECTRONIC BULLETIN BOARD
DALLAS, TX - FEBRUARY 1, 1999 - AVATEX CORPORATION (OTC-BB: AVAX FORMERLY NYSE:
AAV) today announced that the Company's common and Series A and convertible
preferred stocks have commenced trading on the NASD OTC Electronic Bulletin
Board system under the symbols AVAX, AVAXO, and AVAXP, respectively.
Avatex is a holding company that, along with its subsidiaries, owns interests in
hotels and an office building and in other corporations and partnerships.
Through Phar-Mor, Inc., its 38% owned affiliate, Avatex is involved in operating
a chain of discount retail drugstores.
Page 7 of 7 Pages
