AJAY SPORTS INC
8-K, 1997-12-11
SPORTING & ATHLETIC GOODS, NEC
Previous: DIGITAL RECORDERS INC, 10QSB, 1997-12-11
Next: IMMUNOGEN INC, 8-K, 1997-12-11




 
 



                                    FORM 8-K


                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C.  20549



                                 CURRENT REPORT


                       Pursuant to Section 13 or 15(d) of
                       The Securities Exchange Act of 1934


                                December 10, 1997
                                -----------------


                                Ajay Sports, Inc.
              -----------------------------------------------------        
             (Exact Name of Registrant as specified in its charter)



                                    Delaware
                 ----------------------------------------------
                 (State or other jurisdiction of incorporation)



       0-18204                                     39-1644025
- ------------------------                -----------------------------------
(Commission File Number)                (IRS Employer Identification Number)


           1501 E. Wisconsin Street, Delavan, WI       53115 
          ----------------------------------------------------
          (Address of Principal Executive Offices)  (Zip Code)


       Registrant's telephone number, including area code:  (414) 728-5521










<PAGE>


Item 5:     Other Events

     On December 10, 1997 the  Registrant  announced that the Board of Directors
of the  Registrant  extended the  expiration  date of its common stock  purchase
warrants from 5:00 p.m.  Mountain Time,  December 31, 1997 to 5:00 p.m. Mountain
Time,  June 30, 1998. The Registrant  issued these warrants on November 29, 1989
and on July 26, 1995 each of which is exercisable  for the purchase of one share
of the  Registrant's  common stock for $1.00 per share  pursuant to the terms of
its initial public offering and a Warrant Agreement, dated November 21, 1989, as
amended,  between the  Registrant  and American  Securities  Transfer and Trust,
Inc., as warrant  agent,  and its Preferred  Series C and Common Stock  Warrants
offering of July 26, 1995.

     The  Registrant's  Stock  Transfer  Agent was  notified  by letter from the
Registrant's  Corporate  Secretary as to the extension of the expiration date of
the warrants.


<PAGE>


                                  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.

                                    AJAY SPORTS,INC.



                                    By  /S/ROBERT R. HEBARD   
                                      -------------------------------         
                                         Robert R. Hebard, Secretary

December 11, 1997








© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission