SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-K/A
FOR THE FISCAL YEAR ENDED DECEMBER 31, 1997
(Mark
One)
[X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE
SECURITIES EXCHANGE ACT OF 1934
COMMISSION FILE NUMBER: 0-17508
TELESCAN, INC.
(exact name of Registrant as specified in its charter)
DELAWARE 72-1121748
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
5959 CORPORATE DRIVE, SUITE 2000 77036
HOUSTON, TEXAS (Zip Code)
(Address of principal executive
offices)
Registrant's telephone number, including area code:
(281) 588-9700
SECURITIES REGISTERED PURSUANT TO NONE
SECTION 12(b) OF THE ACT:
SECURITIES REGISTERED PURSUANT TO COMMON STOCK, $.01 PAR VALUE
SECTION 12(g) OF THE ACT: PER SHARE
(Title of Class)
Indicate by check mark whether the Registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities and Exchange Act of 1934
during the preceding 12 months (or for such shorter period that the Registrant
was required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days. Yes [X] No [ ]
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405
of Regulation S-K is not contained herein, and will not be contained, to the
best of Registrant's knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form 10-K or any amendment to this
Form 10-K. [X]
The aggregate market value of the voting stock held by non-affiliates of the
Registrant on March 25, 1998, based upon the average bid and asked price of the
common stock on NASDAQ Small-Cap Market for such date, was approximately
$31,700,000. The number of outstanding shares of the Registrant's common stock
on March 25, 1998 was 11,042,901.
<PAGE>
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Act of
1934, the Registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized in the City of Houston, State of
Texas, on March 27, 1998.
Telescan, Inc.
By: /s/ DAVID L. BROWN
David L. Brown, Chief
Executive Officer
Pursuant to the requirements of the Securities Act of 1934, this report has been
signed below by the following persons in the capacities and on the date
indicated
SIGNATURE TITLE DATE
--------- ----- ----
/s/ DAVID L. BROWN Chairman of the Board, Chief Executive Officer
David L. Brown and Director (Principal Executive Officer)
/s/ DR. RICHARD K.CARLIN Vice Chairman of the Board,
Dr. Richard K. Carlin Chief Technology Officer
/s/ RONALD WARREN Chief Financial Officer
Ronald Warren (Principal Financial Officer and Principal
Accounting Officer)
/s/ ROGER C. WADSWORTH Senior Vice President and Director
Roger C. Wadsworth
/s/ DR. RONALD W. HART Director
Dr. Ronald W. Hart
/s/ BURT H. KEENAN Director
Burt H. Keenan
/s/ RUSSELL I. PILLAR Director
Russell I. Pillar
/s/ WILLIAM D. SAVOY Director
William D. Savoy
/s/ STEPHEN C. WOOD Director
Stephen C. Wood
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