SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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) June 30, 1997 (June 10, 1997)
ATEC GROUP, INC.
(Exact name of Registrant as specified in charter)
Delaware 0-22710 13-3673965
(State or other jurisdic- (Commission (IRS Employer
tion of incorporation) File Number) Identification No.)
90 Adams Avenue Hauppauge, New York 11788
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (516) 462-6700
1952 Jericho Turnpike, East Northport, N.Y. 11731
(Former Address) (Zip Code)
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Item 5. Other Information
ATEC Group, Inc. (the "Company") announced that all shares of its
outstanding Series D, E, J and K Convertible Preferred Stock have been converted
into shares of the Company's common stock. Based on the foregoing, the Company
issued an aggregate of 11,034,398 shares of its common stock in accordance with
provisions of Regulation D promulgated under the Securities Act of 1933, as
amended. After giving effect to the foregoing conversion, the Company had the
following shares of common and preferred stock outstanding:
29,827,679 shares of Common Stock
28,947 shares of Series A Preferred Stock (each share is convertible into 1
share of the Company's common stock);
1,458 shares of Series B Preferred Stock (each share is convertible into 1
share of the Company's common stock); and
338,790 shares of Series C Preferred Stock (each share is convertible into
1/10 of a share of the Company's common stock).
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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.
ATEC GROUP, INC.
(Registrant)
By: /s/ Surinder Rametra
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Surinder Rametra,
Principal Executive Officer
Dated: June 27, 1997
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