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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): JUNE 16, 2000
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SUMMIT AUTONOMOUS INC.
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(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
MASSACHUSETTS 0-16937 04-2897945
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(STATE OR OTHER JURISDICTION (COMMISSION
(IRS EMPLOYER OF INCORPORATION)
FILE NUMBER) IDENTIFICATION NO.)
21 HICKORY DRIVE, WALTHAM, MA 02451
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(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
REGISTRANT'S TELEPHONE NUMBER: (781) 890-1234
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ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
On May 4, 2000, Summit Autonomous Inc. (the "Company", formerly known as
Summit Technology, Inc.) entered into the previously announced Asset Purchase
Agreement by and between the Company, Lens Express, Inc., a Florida corporation
(the "Seller"), and Strategic Optical Holdings, Inc., a Delaware corporation
(the "Buyer"), for the sale of substantially all of the assets of the Seller to
the Buyer (the "Agreement"). On June 16, 2000, the Company completed the
transaction contemplated by the Agreement and sold substantially all of the
assets of Lens Express, Inc., a subsidiary of the Company, to a wholly-owned
subsidiary of the Buyer, pursuant to the terms of the Agreement.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(a) FINANCIAL STATEMENTS OF BUSINESSES ACQUIRED:
Not Applicable.
(b) PRO FORMA FINANCIAL INFORMATION:
Unaudited Pro Forma Condensed Consolidated Balance Sheet at
December 31, 1999
Unaudited Pro Forma Condensed Consolidated Statement of
Operations for twelve months ended December 31, 1999
Financial Statements for the period ending March 31, 2000
reflecting the information required by Article 11 of Regulation
S-X are included with the Registrant's Form 10-Q for the period
ending March 31, 2000, filed with the Commission on May 12, 2000
(c) EXHIBITS:
2.1 Asset Purchase Agreement, dated as of May 4, 2000, by and between
Summit Technology, Inc., Lens Express, Inc., and Strategic
Optical Holdings, Inc. (incorporated by reference to Form 8-K
filed by the Company on or about May 12, 2000).
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report on its behalf by the undersigned hereunto
duly authorized.
SUMMIT AUTONOMOUS INC.
Date: June 30, 2000 By: /s/ ROBERT J. KELLY
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Robert J. Kelly
Chief Financial Officer and Treasurer
