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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 and Exchange Act of 1934
Date of Report (Date of earliest event reported) November 20, 1996
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CONTINUCARE CORPORATION
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(Exact name of registrant as specified in its charter)
Florida
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(State or other jurisdiction of incorporation)
0-21910 59-2716063
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(Commission File Number (IRS Employer Identification No.)
Continucare Corporation
100 Southeast Second Street
Miami, Florida 33131
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(Address of principal executive office) (Zip Code)
Registrant's telephone number, including area code (305) 350-7515
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ITEM 5. OTHER EVENTS
The Registrant incorporates herein by reference the information
disclosed in Exhibit 99 filed herewith.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
Exhibit 99. Press release of Continucare Corporation dated November
20, 1996.
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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 hereunto duly authorized.
CONTINUCARE CORPORATION
Date: November 22, 1996 By:/s/ Charles M. Fernandez
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Charles M. Fernandez
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EXHIBIT 99
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ACCELERATION OF CONTINUCARE'S SERIES A WARRANTS
Continucare Corporation (AMEX:CNU) has announced today that pursuant
to the terms of that certain Series A Warrant Agreement, dated as of May 11,
1995 (the "Warrant Agreement"), between Continucare and Fidelity Transfer
Company (the prior Warrant Agent), the exercise period for each of
Continucare's issued and outstanding Series A Warrants (the "Warrants") has
been accelerated and set to expire on December 20, 1996 (the "Expiration
Date"). Accordingly, each Warrant not exercised on or before the Expiration
Date shall become void, and all rights thereto and all rights in respect
thereof under the Warrant Agreement shall cease on the Expiration Date. A
Warrant may be exercised by the holder thereof by (i) surrendering a duly
executed Warrant to American Stock Transfer & Trust Company, 40 Wall Street,
New York, New York 10005, Attention: Reorg (the "Successor Warrant Agent"), and
(ii) submitting to the Successor Warrant Agent, in lawful money of the United
States of America, in cash or certified or bank check payable to the order of
Continucare, the price of $6.00 for each full share of common stock, par value
$.0001 per share (the "Common Stock"), of Continucare as to which the Warrant
is exercised. A copy of Continucare's prospectus relating to the Common Stock
may be obtained from the Successor Warrant Agent.
Continucare, based in Miami, Florida, develops and manages primarily
outpatient mental health and physical rehabilitative programs in five states,
including Florida.
Contact: Continucare Corporation
Charles M. Fernandez
(305) 350-7515
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