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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 29, 1998
AMERICAN SHARED HOSPITAL SERVICES
(Exact name of registrant as specified in its charter)
CALIFORNIA 0-8789 94-2918118
(State or other (Commission File Number) (I.R.S. Employer
jurisdiction of Identification No.)
incorporation)
FOUR EMBARCADERO CENTER, SUITE 3620, SAN FRANCISCO, CALIFORNIA 94111
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: 415-788-5300
Not Applicable
- --------------------------------------------------------------------------------
(Former Name or Former Address, if Changed Since Last Report)
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ITEM 5. OTHER EVENTS
On May 29, 1998, American Shared Hospital Services (the "Company")
received a request from the U.S. Federal Trade Commission for additional
information in connection with the Company's proposed sale of its medical
diagnostic imaging assets to an affiliate of Alliance Imaging, Inc. The proposed
sale was announced on March 12, 1998 and was the subject of a Form 8-K filing on
March 20, 1998.
The foregoing is the subject of a press release, a copy of which is
attached hereto as Exhibit 99 and incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
The following exhibits are filed with this report:
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Exhibit No. Description
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99 Press Release dated June 1, 1998
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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.
AMERICAN SHARED HOSPITAL SERVICES
(Registrant)
By: /s/ Ernest A. Bates, M.D.
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Ernest A. Bates, M.D.
Chairman of the Board and
Chief Executive Officer
Dated: June 9, 1998
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Exhibit No. Description Page
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99 Press Release dated June 1, 1998 5
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Exhibit 99
AMERICAN SHARED HOSPITAL SERVICES
Four Embarcadero Center, Suite 3620
San Francisco, CA 94111
415/788-5300 FAX 415/788-5660
P R E S S R E L E A S E
For Immediate Release
June 1, 1998
AMERICAN SHARED HOSPITAL SERVICES REPORTS
FEDERAL TRADE COMMISSION REQUEST
San Francisco, June 1 ---
AMERICAN SHARED HOSPITAL SERVICES (AMEX, PCX: "AMS" for common stock) Monday
said that it has received a request from the Federal Trade Commission for
additional information in connection with American Shared's proposed sale of its
medical diagnostic imaging assets to an affiliate of Alliance Imaging, Inc. The
sale was announced on March 12, 1998.
American Shared said today that it will respond promptly to the request, and
that the Company continues to believe that the transaction will close during the
third quarter of 1998.
American Shared Hospital Services is a diversified medical services company,
with interests in mobile and shared diagnostic imaging, insurance services and
(through its 81% equity interest in GK Financing, LLC) radiosurgery services.
Headquarters are in San Francisco.
# # # # # #
Contact: Richard Magary
415/788-5300 8am - 6pm, M-F
415/658-8003 after hours
415/431-2359 home
Website: www.ashs.com
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