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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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) SEPTEMBER 6, 1996
KIDS MART, INC.
(Exact name of registrant as specified in its charter)
FLORIDA 0-21910 65-0406710
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
801 SENTOUS AVENUE, CITY OF INDUSTRY, CALIFORNIA 91748
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code:
(818) 854-3166
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ITEM 5. OTHER EVENTS
On September 6, 1996, Kids Mart, Inc. (the "Company") reported in a press
release that it has entered into an engagement letter with a financial advisor
and placement agent with respect to a proposed $10 million to $15 million
private placement of the Company's securities. Such securities will not be
registered under the Securities Act of 1933, as amended, and may not be offered
or sold in the United States absent registration or an applicable exemption
from registration requirements.
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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.
KIDS MART, INC.
Date: September 11, 1996 By: /s/ ROBERT KELLEHER
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Robert Kelleher
Vice President, Chief Operating
Officer and Chief Financial
Officer
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INDEX TO EXHIBITS
EXHIBIT NUMBER DESCRIPTION OF EXHIBIT
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99.1 Press Release of the Company
dated September 6, 1996
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FOR IMMEDIATE RELEASE
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CONTACT: Bernie Tessler
Chairman and Chief Executive Officer
(818) 854-3166
Robert S. Kelleher
Vice President, Chief Operating Officer and Chief Financial Officer
(818) 854-3804
KIDS MART, INC. ANNOUNCES SIGNING OF ENGAGEMENT LETTER FOR
PROPOSED PRIVATE PLACEMENT
City of Industry, CA (September 6, 1996) - Kids Mart, Inc. (OTC:KIDM)
(f/k/a Frost Hanna Acquisition Group, Inc.) (the "Company"), a Florida
corporation today announced that it has entered into an engagement letter
with a financial advisor and placement agent with respect to a proposed $10
million to $15 million private placement of the Company's securities.
Such securities will not be registered under the Securities Act of 1933, as
amended, and may not be offered or sold in the United States absent
registration or an applicable exemption from registration requirements. There
can be no assurance that any such proposed offering will be consummated.
The Company is a value oriented specialty retailer of children's apparel,
located primarily in strip centers. It currently operates 282 children's
apparel stores in 20 states under the names Kids Mart (268 stores) and
Little Folks (14 stores).
