SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-C
REPORT BY ISSUER OF SECURITIES
QUOTED ON NASDAQ INTERDEALER QUOTATION SYSTEM
Filed Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934 and
Rule 13a-17 or 15d-17 thereunder
AST RESEARCH, INC.
(Exact name of issuer as specified in charter)
16215 ALTON PARKWAY
IRVINE, CALIFORNIA 92718
(Address of principal executive offices)
(714) 727-4141
(Issuer's telephone number, including area code)
I. CHANGE IN NUMBER OF SHARES OUTSTANDING
Indicate any change (increase or decrease) of 5% or more in the number of shares
outstanding:
1. Title of security: Common Stock, par value $0.01 per share (the "Common
Stock").
2. Number of shares outstanding before the change: [32,562,500]
3. Number of shares outstanding after the change: [44,632,500]
4. Effective date of change: July 31, 1995
5. Method of Change: Issuance of additional shares of Common Stock.
Brief Description of Transaction: On July 31, 1995, Samsung
Electronics Company, Ltd., a Korean corporation ("SECL"), and Samsung
Electronics America, Inc., a New York corporation and wholly-owned
subsidiary of SECL (together with SECL, the "Purchasers") purchased from
AST Research, Inc., a Delaware corporation (the "Company"), an aggregate
of 12,070,000 shares of Common Stock pursuant to the Stock Purchase
Agreement, dated as of February 27, 1995, as amended by Amendment No. 1
thereto, dated as of June 1, 1995, and Amendment No. 2 thereto, dated as
of July 29, 1995, by and between the Company and SECL. Concurrently with
such purchase, SECL consummated a tender offer and purchased from the
Company's stockholders 5,630,000 shares of Common Stock and entered into
other strategic agreements with the Company. Accordingly, as of July 31,
1995, the Purchasers owned approximately 40% of the outstanding shares of
Common Stock.
Date: August 2, 1995 AST RESEARCH, INC.
By Bruce C. Edwards
Executive Vice President
and Chief Financial Officer
