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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): August 16, 2000
Aksys, Ltd.
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(Exact name of registrant as specified in its charter)
Delaware 0-28290 36-3890205
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(State or other (Commission (IRS Employer
Jurisdiction of File Number) Identification No.)
Incorporation)
Two Marriott Drive, Lincolnshire, IL 60069
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(Address of principal executive offices) (Zip Code)
(847) 229-2020
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(Registrant's telephone number, including area code)
Not Applicable
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(Former name or former address, if changed since last report)
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Item 5. Other Events.
On August 16, 2000, Aksys, Ltd. (the "Company") issued 959,678 shares
of its common stock at $7.75 per share in a private placement to three
institutional investors. Pursuant to the Registration Rights Agreement attached
hereto as Exhibit 4.1, the Company has agreed to prepare and file with the
Securities and Exchange Commission a registration statement covering the resale
of the shares of common stock issued to the investors in the offering. The terms
of the private placement are more fully set forth in the Securities Purchase
Agreement attached hereto as Exhibit 10.1.
On August 18, 2000, the Company issued a press release relating to the
offering. A copy of the press release is filed herewith as Exhibit 99.1 and is
hereby incorporated herein by reference.
Item 7. Financial Statements and Exhibits.
(c) Exhibits
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Exhibit
Number Description
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4.1 Registration Rights Agreement
10.1 Securities Purchase Agreement
99.1 Press Release dated August 18, 2000
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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.
Dated: August 21, 2000
AKSYS, LTD.
By: /s/ Steven A. Bourne
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Steven A. Bourne
Controller and Acting Chief Financial Officer
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Exhibit Index
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Exhibit
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4.1 Registration Rights Agreement
10.1 Securities Purchase Agreement
99.1 Press Release dated August 18, 2000
