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): January 15, 1997
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Advanced NMR Systems, Inc.
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(Exact name or registrant as specified in its charter)
Delaware 0-11914 22-2457487
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(State or other jurisdiction of (Commission (IRS Employer
incorporation or organization) File Number) Identification No.)
46 Jonspin Road, Wilmington, Massachusetts 01887
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (508) 657-8876
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N/A
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(Former name or former address, if changed since last report)
Page 1 of 3 Pages
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Item 5. Other Events.
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In May 1996, Advanced NMR Systems, Inc. (the "Registrant") issued
an aggregate of 3,700 shares of its newly-created Series A Preferred Stock,
$.01 par value per share (the "Series A Preferred") in Regulation S
placements. During the period from August 6, 1996 to January 15, 1997
holders of the Series A Preferred Stock converted all 3,700 shares into an
aggregate of 13,488,320 shares of the Registrant's Common Stock, $.01 par
value.
For information regarding the Series A Preferred and the
placements, reference is made to the Registrant's Form 8-K for an event of
May 30, 1996.
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SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the Registrant has caused this report to
be signed on its behalf by the undersigned thereunto duly
authorized.
ADVANCED NMR SYSTEMS, INC.
Dated: February 5, 1997 By: /s/ Jack Nelson
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Name: Jack Nelson
Title: Chairman
