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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
August 9, 2000
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Date of Report (Date of earliest event reported)
Illinois Superconductor Corporation
(Exact name of registrant as specified in its charter)
Delaware 0-22302 36-3688459
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(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
451 Kingston Court, Mt. Prospect, Illinois 60056
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(Address of principal executive offices) (Zip Code)
(847) 391-9400
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(Registrant's telephone number)
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ITEM 5. OTHER EVENTS.
1. On August 9, 2000, Illinois Superconductor Corporation issued a
press release announcing its acquisition of Spectral Solutions, Inc. ("SSI"),
pursuant to a merger agreement executed and announced last May, and the
appointment of Dr. Richard Herring, Chief Executive Officer of SSI prior to the
merger, to the Company's Board of Directors. A copy of the August 9, 2000 press
release is attached hereto as Exhibit 99.1.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
Items (a) and (b) are inapplicable.
(c) Exhibits.
99.1 Press Release issued by Illinois Superconductor Corporation on
August 9, 2000 announcing the acquisition of Spectral
Solutions, Inc. and the appointment of Dr. Richard Herring to
the Company's Board of Directors.
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SIGNATURE
Pursuant to the requirements of 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.
ILLINOIS SUPERCONDUCTOR CORPORATION
By: /s/ CHARLES WILLES
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Charles Willes, Chief Financial Officer
Dated: August 10, 2000
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EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION
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99.1 Press Release issued by Illinois Superconductor Corporation on
August 9, 2000 announcing the acquisition of Spectral Solutions,
Inc. and the appointment of Dr. Richard Herring to the Company's
Board of Directors.