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):
May 24, 1996
________________________________________
THERMEDICS INC.
(Exact name of Registrant as specified in its charter)
Massachusetts 1-9567 04-2788806
(State or other (Commission (I.R.S. Employer
jurisdiction of File Number) Identification Number)
incorporation or
organization)
470 Wildwood Street
P. O. Box 2999
Woburn, Massachusetts 01888-1799
(Address of principal executive offices) (Zip Code)
(617) 622-1000
(Registrant's telephone number
including area code)
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Item 5. Other Events
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On May 24, 1996, Thermedics Inc. (the "Company") issued a press release,
attached hereto as Exhibit 99, to announce that it has entered into an
agreement to sell at par $55 million principal amount of its
noninterest-bearing subordinated debentures due 2003 (the "Debentures").
The Debentures will be convertible into shares of the Company's common
stock at an initial conversion price of $32.68. The Company also granted
to the managers of the offering an over-allotment option to purchase an
additional $10 million principal amount of the Debentures, which option has
been exercised.
Item 7. Financial Statements, Pro Forma Combined Condensed Financial
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Information and Exhibits
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(a) Financial Statements of Business Acquired: not applicable.
(b) Pro Forma Combined Condensed Financial Information: not
applicable.
(c) Exhibits
99 Press Release of the Registrant, dated May 24, 1996.
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, on this 29th day of May, 1996.
THERMEDICS INC.
By: /s/ Jonathan W. Painter
-----------------------
Jonathan W. Painter
Treasurer
EXHIBIT 99
THERMEDICS ANNOUNCES CONVERTIBLE
SUBORDINATED DEBENTURE OFFERING
WOBURN, Mass., May 24, 1996 -- Thermedics Inc. (ASE-TMD)
announced today that it has entered into an agreement to sell at
par $55 million of noninterest-bearing subordinated debentures
due 2003. The debentures will be convertible into shares of
common stock at a price of $32.68. The company has also granted
to the managers of the offering an over-allotment option to
purchase an additional $10 million principal amount of
debentures. These securities will not be registered under the
Securities Act of 1933 and may not be offered or sold in the
United States absent registration or an applicable exemption from
the registration requirements of the Act.
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