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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
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PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): August 9, 2000
COMMISSION FILE NUMBER 000-27548
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LIGHTPATH TECHNOLOGIES, INC.
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(Exact name of registrant as specified in its charter)
DELAWARE 86-0708398
(State or other jurisdiction (I.R.S. Employer
of incorporation or organization) Identification No.)
6820 ACADEMY PARKWAY EAST, NE 87109
ALBUQUERQUE, NEW MEXICO (ZIP CODE)
(Address of principal executive offices)
Registrant's telephone number, including area code:
(505) 342-1100
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LIGHTPATH TECHNOLOGIES, INC.
FORM 8-K
ITEM 5. OTHER EVENTS.
On August 9, 2000, LightPath Technologies, Inc. (the "Registrant") entered
into a definitive agreement to acquire Geltech Inc., a Delaware corporation,
("Geltech") for an aggregate purchase price of approximately $27.5 million. On
the closing date, the Registrant will acquire all of the outstanding shares of
Geltech for approximately 823,000 shares of Registrant's Class A common stock.
The Registrant will also assume approximately $1.7 million of indebtedness of
Geltech. The number of shares of the Registrant's Class A common stock issued to
the former shareholders of Geltech is subject to adjustment based on the trading
price of the Class A common stock over a specified time period prior to the
closing, which is expected to occur prior to September 30, 2000. A copy of the
press release issued by the Registrant on August 14, 2000 concerning the
foregoing transaction is filed as Exhibit 99.1 hereto.
The terms of the transaction, including the purchase price, were determined
by negotiations between the Registrant and the principal shareholders of
Geltech.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
c) Exhibits.
Exhibit Description
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99.1 Press release issued August 14, 2000, announcing
agreement to acquire Geltech.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this Report to be signed in its behalf by the
undersigned, thereunto duly authorized.
LIGHTPATH TECHNOLOGIES, INC.
By: /s/ Donna Bogue August 18, 2000
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Donna Bogue
CFO and Treasurer
