CROWN LABORATORIES INC /DE/
8-K, 1996-03-12
PHARMACEUTICAL PREPARATIONS
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<PAGE>   1
                       SECURITIES AND EXCHANGE COMMISSION
                                Washington, D.C.


                                    FORM 8-K




                                 CURRENT REPORT
                           Pursuant to Section 12(g)
                       of the Securities Exchange of 1934



        Date of Report (Date of earliest event reported) March 12, 1996



                            CROWN LABORATORIES, INC.
        ----------------------------------------------------------------
             (Exact name of registrant as specified in its charter)

          Delaware                     33-27602                 75-2300995
- ----------------------------    ----------------------    ----------------------
(State of other jurisdiction    Commission File Number    (IRS Employer
of Incorporation)                                         Identification Number)

6780 Caballo Street, Las Vegas, Nevada                                     89119
- --------------------------------------------------------------------------------
(Address of principal executive offices)                              (Zip Code)

Registrant's telephone number include area code                  (702)  696-9300
                                                --------------------------------


                                                                           89109

(Former name or former address, if changed since last report)
<PAGE>   2
ITEM 5.  OTHER EVENTS

           Registrant's press release dated February 29, 1996, Exhibit 99
hereto, is being filed pursuant to Rule 135c.


ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS

           (c)    Exhibits

           99.1   Press Release, dated March 12, 1996


           Pursuant to the Securities and Exchange Act of 1934, the Registrant
has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.


                                           CROWN LABORATORIES, INC.
                                              (Registrant)



Date:  March 12, 1996                      /s/ Scott Hilley
                                           -------------------------------------
                                           Scott Hilley, Chief Financial Officer

<PAGE>   1
                                                                    EXHIBIT 99.1


                            CROWN LABORATORIES, INC.
                                 PRESS RELEASE

        CROWN LABORATORIES, INC. (AMEX: CLL.EC) ANNOUNCED TODAY THAT IT HAS     
EXTENDED UNTIL MARCH 28, 1996 ITS OFFER TO ITS HOLDERS OF ITS PRIVATELY PLACED
WARRANTS TO EXERCISE THE WARRANTS AT $1 3/8 PER SHARE INSTEAD OF $3.00 PER
SHARE IF EACH HOLDER EXERCISES AT LEAST 60% OF SUCH WARRANTS BY SUCH DATE. IF
AT LEAST 60% OF A HOLDER'S WARRANTS ARE EXERCISED, THE EXPIRATION DATE OF HIS
REMAINING WARRANTS WILL BE EXTENDED ONE YEAR. CROWN LABORATORIES, INC. CANNOT
PREDICT WHICH, IF ANY, OF ITS 1,475,563 PRIVATELY PLACED WARRANTS MAY BE
EXERCISED. AS OF MARCH 11, 1996, 25,000 WARRANTS HAD BEEN TENDERED FOR
EXERCISE.

         THE WARRANTS WERE ISSUED IN A TRANSACTION EXEMPT FROM THE REGISTRATION
REQUIREMENTS OF THE SECURITIES ACT OF 1933 AND MAY NOT BE TRANSFERRED OR SOLD IN
ABSENCE OF AN APPLICABLE REGISTRATION STATEMENT OR AN EXEMPTION FROM
REGISTRATION. THE SHARES UNDERLYING THE WARRANTS HAVE BEEN REGISTERED FOR RESALE
BY HOLDERS OF THE WARRANTS.


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