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) September 22, 1997
INTERLINK ELECTRONICS, INC.
------------------------------------------------------
(Exact name of registrant as specified in its charter)
Delaware 0-21808 77-0056625
- ------------------------------- ----------- -------------------
(State or other jurisdiction of (Commission (IRS Employer
incorporation or organization) File No.) Identification No.)
546 Flynn Road, Camarillo, California 93012
- --------------------------------------------------------------------------------
(Address of principal executive offices) (Zip Code)
(805) 484-8855
- --------------------------------------------------------------------------------
(Registrant's telephone number, including area code)
No Change
- --------------------------------------------------------------------------------
(Former name, former address and former fiscal year,
if changed since last report)
<PAGE>
Item 7. Financial Statements and Exhibits
(c) Exhibits.
99.1 Press release dated September 29, 1997.
Item 9. Sales of Equity Securities Pursuant to Regulation S
On September 29, 1997 Interlink Electronics, Inc. (the "Company") announced
a $2,250,000 private placement of its Common Stock. The Company's press release
announcing the placement is attached hereto as Exhibit 99.1.
(a) The Company sold 324,349 shares of its Common Stock, par value
$0.00001 per share (the "Shares"), on September 22, 1997;
(b) The purchasers were Genplex Limited and Perfect Union Industrial Co.
Ltd., both Hong Kong corporations;
(c) The aggregate purchase price for the Shares was $2,250,000;
(d) The placement was exempt pursuant to Section 4(2) of the Securities
Act of 1933 and Regulation S under the Act.
2
<PAGE>
SIGNATURE
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.
Dated: September 30, 1997
INTERLINK ELECTRONICS, INC.
By /s/ PAUL D. MEYER
--------------------------------------
Paul D. Meyer, Chief Financial Officer
3
<PAGE>
EXHIBIT INDEX
Exhibit Description
- ------- -----------
99.1 Press release dated September 29, 1997.
EXHIBIT 99.1
INTERLINK ELECTRONICS, INC. ANNOUNCES $2.25 MILLION
STRATEGIC INVESTMENT
Camarillo, California September 29, 1997 -- Interlink Electronics,
Inc., (NASDAQ:LINK), today announced a $2.25 million equity investment by a
group led by WKK, one of Interlink's strategic manufacturing partners. The
investment was structured as a private placement of unregistered Interlink
Electronics' common stock. The shares are subject to a restriction on resale for
at least one year.
"Our investment in Interlink Electronics demonstrates our commitment
to support both Interlink's growth as well as our own. We hold a strong belief
in the long term potential of Interlink's strategic direction and we are excited
about being part of their success," said Senta Wong, chairman of WKK.
"As we move into more mainstream consumer products, the development of
overseas manufacturing capabilities is essential. Based in China, WKK is an
important component of that strategy," said E. Michael Thoben, chairman,
president and CEO of Interlink Electronics. "WKK's production quality and short
time-to-market make them one of the world's premiere manufacturers, as evidenced
by their long list of major Japanese and American brand name customers."
About Interlink Electronics, Inc.
Interlink Electronics, Inc. Is an industry leader in the development
and manufacturer of computer pointing devices and technologies. The company's
products include handheld remote controls with "mouse" functionality, wireless
and keyboards, touchpads and pointing sticks, and desktop PC pointing devices.
The company maintains offices in Camarillo, California and Tokyo Japan. Its
Force Sensing Resistor(R) (FSR(R)) technology is protected by more than 60
international patents and has received international awards for engineering
innovation.
About WKK
WKK, Wong's Kong King International (Holdings) Limited, has been
listed in the Hong Kong Stock Exchange since 1989. Sales of the company for 1996
are approximately US$320 million. The company is one of the largest electronics
manufacturing services providers in the People's Republic of China and is a
major distributor of components, material and equipment for the electronics
industry in the Pacific region.
From time to time the Company may issue forward-looking
statements that involve a number of risks and uncertainties. The following are
among the factors that could cause actual results to differ materially from the
forward-looking statements: business conditions and growth
<PAGE>
in the electronics industry and general economies, both domestic and
international; lower than expected customer orders, delays in receipt of orders
or cancellation of orders; competitive factors, including increased competition,
new product offerings by competitors and price pressures; the availability of
third party parts and supplies at reasonable prices; changes in product mix;
significant quarterly performance fluctuations due to the receipt of a
significant portion of customer orders and product shipments in the last month
of each quarter, and product shipments interruptions due to manufacturing
problems. The forward looking statements contained in this document regarding
industry and revenue trends and future business activities should be considered
in light of these factors.
Contacts:
Paul D. Meyer, Chief Financial Officer
Michelle Lockard, Investor Relations
Interlink Electronics, Inc.
546 Flynn Road
Camarillo, CA 93012
(805) 484-8855, Fax (805) 484-8989
http://www.interlinkelec.com
