SPARTA SURGICAL CORP
8-K, 1998-05-04
ORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES
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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 1, 1998
                                                           -------------



                           SPARTA SURGICAL CORPORATION
              ----------------------------------------------------
             (Exact name of registrant as specified in its charter)



            Delaware                  1-11047                 22-2870438
   ---------------------------     ---------------        ------------------
  (State or other jurisdiction    (Commission File           (IRS Employer
      of incorporation)                Number)            Identification No.)



                              Bernal Corporate Park
                           7068 Koll Center Parkway,
                              Pleasanton, CA 94566
                -------------------------------------------------
                    (Address of principal executive offices)



        Registrant's telephone number, including area code (510) 417-8812
                                                            -------------

                                 Not Applicable
          -----------------------------------------------------------
         (Former name or former address, if changed since last report)


<PAGE>



Item 5. OTHER EVENTS
        ------------

     On May 1, 1998, the Nasdaq Stock Market,  Inc. notified the Registrant that
the  Registrant's  securities  would be delisted from the Nasdaq SmallCap Market
effective  with the close of  business on May 1, 1998.  Trading,  if any, in the
Registrant's  securities  will be conducted  on the OTC Bulletin  Board which is
expected to substantially reduce the market for the Registrant's securities.


                                   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.


                                     SPARTA SURGICAL CORPORATION
                                     (Registrant)



                                     By:  /s/  Thomas F. Reiner
                                         --------------------------------------
                                         Thomas F. Reiner, Chairman of 
                                          the Board, President & CEO


Dated:  May 1, 1998 






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