COLORADO MEDTECH INC
8-K/A, 2000-01-26
ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS
Previous: FIDELITY CALIFORNIA MUNICIPAL TRUST, DEFA14A, 2000-01-26
Next: SUNRISE MEDICAL INC, 8-K, 2000-01-26



<PAGE>

                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549


                                  FORM 8-K/A
               Current Report Pursuant to Section 13 or 15(d)of
                      The Securities Exchange Act of 1934



                       Date of Report: November 15, 1999


                            COLORADO MEDTECH, INC.
                            ----------------------
            (Exact name of registrant as specified in its charter)




          Colorado                    000-12471             84-0731006
- ----------------------------      ----------------     -------------------
(State or other jurisdiction      (Commission File      I.R.S. Employer
     of incorporation)                Number)          Identification No.)

                              6175 Longbow Drive
                            Boulder, Colorado 80301
                            -----------------------
         (Address, including zip code, of principal executive offices)


                                (303) 530-2660
                                --------------
                        (Registrant's telephone number,
                             including area code)

<PAGE>

Item 2.  Acquisition or Disposition of Assets.

     On November 15, 1999, Colorado MEDtech, Inc. acquired CIVCO Medical
Instruments Co., Inc. pursuant to a Plan and Agreement of Share Exchange by and
among Colorado MEDtech, Inc., CIVCO Medical Instruments Co., Inc. and Victor
Wedel. CIVCO, a privately held company located in Kalona, Iowa, is a designer
and manufacturer of specialized medical products for ultrasound imaging
equipment and procedures and for minimally invasive surgery equipment and
procedures. Pursuant to the Plan and Agreement of Share Exchange, Colorado
MEDtech acquired all of the outstanding shares of CIVCO, as well as its Kalona
facility, from Victor Wedel, for consideration consisting of 736,324 shares of
Colorado MEDtech, Inc. common stock. The number of shares of common stock issued
by Colorado MEDtech was determined based upon a negotiated value of $15.00 per
share.

     CIVCO's business focuses on supplying innovative product design,
manufacturing, distribution and support to the world's leading imaging original
equipment manufacturers (OEMs).  CIVCO's annualized revenues are approximately
$10 million and it employs approximately 95 people.  The CIVCO business will
remain at its current location and will operate as a subsidiary of Colorado
MEDtech.  Charles Klasson will continue as President of CIVCO.

     The description of the Agreement contained herein is qualified in its
entirety by reference to the Agreement which is attached hereto as Exhibit 2.1,
and incorporated herein by reference.

Item 7.  Financial Statement and Exhibits.

     (a)  Financial Statements of Businesses Acquired.

     Pursuant to Rule 3-05 of Regulation S-X, the Registrant is not required to
file financial statements of the acquired business.

     (b)  Pro forma financial information.

     Pursuant to Article 11 of Regulation S-X, the Registrant is not required to
file pro forma financial information with respect to the acquired business.

                                      -2-

<PAGE>

     (c)   Exhibits.

     No.   Description
     ---   -----------

     2.1*  Plan and Agreement of Share Exchange dated November 15, 1999, by and
           among Colorado MEDtech, Inc., CIVCO Medical Instruments Co., Inc.,
           and Victor Wedel. As permitted by Item 601(b)(2), Exhibits and
           Schedules listed in the Plan and Agreement of Share Exchange have
           been omitted, but will be provided to the Commission upon request.
_________________________
*  Previously filed

                                      -3-

<PAGE>

                                  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.

     DATED, this 26/th/ day of January, 2000.



                                       COLORADO MEDTECH, INC.


                                       By: /s/ John V. Atanasoff
                                          -------------------------------
                                           John V. Atanasoff II
                                           Chief Executive Officer

                                      -4-



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission