<PAGE> 1
As filed with the Securities and Exchange Commission on December 5, 1996.
Registration No. 33-90532
____________________________________________________________________________
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_____________________
POST-EFFECTIVE AMENDMENT NUMBER ONE TO
REGISTRATION STATEMENT ON FORM S-1
Under
THE SECURITIES ACT OF 1933
_____________________
SPATIALIZER AUDIO LABORATORIES, INC.
(Exact name of registrant as specified in its charter)
Delaware 3698 95-4484725
- ------------------------------ --------------------------- ----------------
(State or other jurisdiction of (Primary Standard Industrial (I.R.S. Employer
incorporation or Classification Code Number) Identification No.)
organization)
20700 Ventura Boulevard, Suite 134
Woodland Hills, California 91364
(818) 227-3370
(Address, including zip code, and telephone number, including area code,
of registrant's principal executive offices)
Steven D. Gershick, Chief Executive Officer and President
Spatializer Audio Laboratories, Inc.
20700 Ventura Boulevard, Suite 134
Woodland Hills, California 91364
(818) 227-3370
(Name, address, including zip code, and telephone number, including area code,
of agent for service)
_____________________
Copies to:
Margaret G. Graf, Esq.
Brand Farrar Dziubla Freilich & Kolstad, LLP
515 South Flower Street, Suite 3500
Los Angeles, California 90071-2201
(213) 228-0288
Direct Dial: (213) 426-6260
<PAGE> 2
CALCULATION OF REGISTRATION FEE
<TABLE>
<CAPTION>
Title of Each Class Proposed Maximum Proposed Maximum Amount of
of Securities to be Amount to be Offering Price Per Aggregate Offering Registration
Registered Registered (1) Share (2) Price (2) Fee (3)
<S> <C> <C> <C> <C>
Common Stock, $.01
par value per share 1,766,993 $2.90 (Cdn) $5,124,279.70 $1,763
(Cdn)
$2.06 (U.S.)
$3,640,005.58
(U.S.)
</TABLE>
(1) This Registration Statement relates to the resale of 1,000,000 shares
of Common Stock issued prior to the filing date hereof and the resale
of up to 1,480,000 shares of Common Stock issuable on the exercise of
currently outstanding Options and Warrants.
(2) Pursuant to Rule 457(c), the fee calculation is based on the average
of the high and low prices of Registrant's Shares on the Vancouver
Stock Exchange on March 10, 1995. Therefore, the fee is an estimate
solely for the purposes of computing the registration fee. The
amounts shown have been adjusted to U.S. dollars based on one Canadian
dollar equals $.7110 U.S. dollars, the Federal Reserve rate shown in
the Wall Street Journal for that date.
(3) Previously paid.
<PAGE> 3
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the
registrant has duly caused this post-effective Amendment No. 1 to its
Registration Statement on Form S-1 to be signed on its behalf by the
undersigned, thereto duly authorized, in the City of Los Angeles, State of
California on December 4, 1996.
SPATIALIZER AUDIO LABORATORIES, INC.
By: /s/ STEVEN D. GERSHICK
------------------------------------
Name: Steven D. Gershick
Title: President and Chief Executive Officer
Pursuant to the requirements of the Securities Act of 1933, this
registration statement has been signed below by the following persons in the
capacities and on the dates indicated.
<TABLE>
<CAPTION>
Signature Title Date
--------- ----- ----
<S> <C> <C>
* Director, Chairman of the December 4, 1996
- ------------------------------------- Executive Officer
Stephen W. Desper
/s/ STEVEN D. GERSHICK Director, President and Chief December 4, 1996
- ------------------------------------- Executive Officer
Steven D. Gershick
* Chief Financial Officer December 4, 1996
- -------------------------------------
Wendy M. Guerrero
* Director December 4, 1996
- -------------------------------------
Carlo Civelli
* Director December 4, 1996
- -------------------------------------
David Foster
* Director December 4, 1996
- -------------------------------------
James D. Pace
* Director December 4, 1996
- -------------------------------------
Jerold H. Rubenstein
* Director December 4, 1996
- -------------------------------------
Gilbert N. Segel
*By: /s/ STEVEN D. GERSHICK
---------------------------------
Steven D. Gershick,
Attorney-in-Fact
</TABLE>
