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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
Date of Report (Date of earliest event reported) July 16, 1997
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CHROMATICS COLOR SCIENCES INTERNATIONAL, INC.
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(Exact name of registrant as specified in its charter)
New York
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(State or other jurisdiction of incorporation)
0-21168 13-3253392
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(Commission File Number) (IRS Employer Identification Number)
5 East 80th Street, New York, New York 10021
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (212) 717-6544
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Page 1 of 5 pages
Exhibit Index located on page 4
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ITEM 5. OTHER EVENTS
On July 15, 1997, the Board of Directors of Chromatics Color Sciences
International, Inc. (the "Company") resolved to extend from August 5, 1997 to
November 5, 1997 the expiration date of certain of the Company's remaining
outstanding Redeemable Common Stock Purchase Warrants (the "Warrants"), which
include (i) up to 1,150,000 Warrants issued as part of the Company's February
1993 initial public offering, (ii) up to 240,000 Warrants issued in connection
with a private placement occurring prior to the initial public offering, and
(iii) up to 115,000 Warrants issued to Investors Associates, Inc. ("IAI") upon
its exercise of the Unit Purchase Options issued to IAI in connection with the
initial public offering.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(c) Exhibits:
1. Chromatics Color Sciences International, Inc.
Press Release, dated July 16, 1997.
2
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SIGNATURES
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.
CHROMATICS COLOR SCIENCES
INTERNATIONAL, INC.
By: /s/ Darby S. Macfarlane
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Name: Darby S. Macfarlane
Title: Chief Executive Officer
Date: July 16, 1997
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EXHIBIT INDEX
Document Page Number
1. Chromatics Color Sciences International, Inc. 5
Press Release, dated July 16, 1997.
4
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CHROMATICS COLOR SCIENCES
INTERNATIONAL, INC.
Contact: Darby Macfarlane, Chief
Executive Officer
Telephone: (212) 717-6544
Fax: (212) 717-6672
FOR IMMEDIATE RELEASE
July 16, 1997
CHROMATICS ANNOUNCES EXTENSION OF WARRANT PERIOD
On July 15, 1997, the Board of Directors of Chromatics Color Sciences
International, Inc. (the "Company") resolved to extend from August 5, 1997 to
November 5, 1997 the expiration date of certain of the Company's remaining
outstanding Redeemable Common Stock Purchase Warrants (the "Warrants"), which
include (i) up to 1,150,000 Warrants issued as part of the Company's February
1993 initial public offering, (ii) up to 240,000 Warrants issued in connection
with a private placement occurring prior to the initial public offering, and
(iii) up to 115,000 Warrants issued to Investors Associates, Inc. ("IAI") upon
its exercise of the Unit Purchase Options issued to IAI in connection with the
initial public offering.
Chromatics Color Sciences International, Inc. is engaged in the
business of color science, including the scientific color measurement and
classification of human skin, certain color-sensitive consumer products, and in
determining the color compatibility of such skin and product color
classification for use in a variety of industries including the cosmetic, beauty
aid and fashion industries, as well as technology development for potential
medical applications involving the diagnosis and monitoring of certain
chromogenic diseases. The Company's common stock and warrants are traded on
NASDAQ under the symbols "CCSI" and "CCSIW," respectively.
5
