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
KURZWEIL APPLIED INTELLIGENCE, INC.
(Exact name of issuer as specified in charter)
411 Waverley Oaks Road
Waltham, Massachusetts 02154
(Address of principal executive offices)
(617) 893-5151
(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:
Title of Security: Common Stock, $0.01 Par Value
Number of shares outstanding before the change: 6,790,367
Number of shares outstanding after the change: 8,110,417
Effective date of change: May 9, 1996
Method of change: Private Placement
The Company sold 1,320,050 shares of its Common Stock in a private placement at
a sale price of $2.00 per share to a New York-based investment fund.
II. CHANGE IN NAME OF ISSUER
None
Date: May 15, 1996 /s/ Thomas E. Brew, Jr.
---------------------------- -----------------------------------
Thomas E. Brew, Jr.
President & Chief Executive Officer