SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event report) June 5, 1998
Commission File Number 0-12516
Dynamic Healthcare Technologies, Inc.
(Exact name of registrant as specified in its charter)
Florida 0-12516 59-3389871
(State or other jurisdiction (Commission File Number) (IRS E.I.N.)
of Incorporation)
101 Southhall Lane, Suite 210, Maitland, Florida 32751
(Address of principal executive offices) (ZIP Code)
(407) 875-9991
(Registrant's telephone, including area code)
None
(Former name of former address, if changed from last report)
This report consists of five (5) pages.
The index to exhibit appears on page four (4 ).
Page 1
FORM 8-K
DYNAMIC HEALTHCARE TECHNOLOGIES, INC.
JUNE 5, 1998
Item 5. Other Events
Item 7. Financial Statements and Exhibits
(a) Financial Statements of Business Acquired.
Not Applicable.
(b) ProForma Financial Information.
Not Applicable.
(c) Exhibits
99.1 Press Release of the Company dated June 5, 1998
Page 2
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.
DYNAMIC HEALTHCARE TECHNOLOGIES, INC.
(Registrant)
Date: June 5, 1998 /S/MITCHEL J. LASKEY
Mitchel J. Laskey
President, CEO and Treasurer
Date: June 5, 1998 /S/ PAUL S. GLOVER
Paul S. Glover
Vice President of Finance, CFO
and Secretary
Page 3
FORM 8-K
DYNAMIC HEALTHCARE TECHNOLOGIES, INC.
JUNE 5, 1998
EXHIBIT INDEX
99.1 Press release of the Company dated June 5, 1998 Page 5
Page 4
Contact: Dynamic Healthcare Technologies Noonan/Russo Communications, Inc.
Cynthia Sucher 212-696-4455 ext. 274
Director, Corporate Communications Heather Hennessy (media) ext. 274
[email protected] e-mail: [email protected]
1-800-832-3020
DYNAMIC HEALTHCARE TECHNOLOGIES, INC.
ANNOUNCES PROPOSED PRIVATE PLACEMENT
Maitland, Florida - June 5, 1998 - Dynamic Healthcare
Technologies, Inc. (NMS: DHTI) today announced that it proposes
to make a private placement of up to $4,000,000 of Units, each
Unit consisting of 10,000 shares of Series C Preferred Stock
and a Warrant to purchase 3,000 shares of Common Stock subject
to adjustment. The Company expects to commence the offering
immediately. The Company proposes to use the net proceeds of
the offering to fund the costs of product development and
increased sales and marketing activities and for general working
capital purposes. Offers will be made only by means of an
offering memorandum. The offered Units and the securities part
thereof will not be registered under the Securities Act of 1933,
as amended, and may not be offered or sold in the United States
absent registration or an applicable exemption from such
registration.
Dynamic Healthcare Technologies, Inc. is a leader in providing
advanced information technologies for the healthcare industry.
Dynamic's enterprise information solutions enable healthcare
providers to capture, manage and share electronic health
information across the continuum of care. Headquartered in
Maitland, Florida, the Company maintains Clinical Solutions
Centers in Minnesota and Massachusetts.
This press release contains "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of
1995. Such forward-looking statements involve known and unknown
risks, uncertainties or other factors which may cause actual
results, performance or achievements of the Company to be
materially different from any future results, performance or
achievements expressed or implied by such forward-looking
statements. For more complete information concerning factors
which could affect the Company's results, reference is made to
the Company's registration statements, reports and other
documents filed with the Securities and Exchange Commission.
Page 5
