SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
ISSUER TENDER OFFER STATEMENT
(PURSUANT TO SECTION 13(E)(1) OF THE
SECURITIES EXCHANGE ACT OF 1934)
AMENDMENT NO. 2
ADVANCED DEPOSITION TECHNOLOGIES, INC.
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(NAME OF ISSUER)
ADVANCED DEPOSITION TECHNOLOGIES, INC.
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(NAME OF PERSON(S) FILING STATEMENT)
REDEEMABLE COMMON STOCK PURCHASE WARRANTS
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(TITLE OF CLASS OF SECURITIES)
007521-115
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(CUSIP NUMBER OF CLASS OF SECURITIES)
GLENN J. WALTERS, PRESIDENT
ADVANCED DEPOSITION TECHNOLOGIES, INC.
580 MYLES STANDISH BOULEVARD
TAUNTON, MASSACHUSETTS 02780
(508) 823-0707
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(NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON AUTHORIZED TO RECEIVE NOTICES AND
COMMUNICATIONS ON BEHALF OF THE PERSON(S) FILING STATEMENT)
MAY 13, 1996
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(DATE TENDER OFFER FIRST PUBLISHED, SENT OR GIVEN TO SECURITY HOLDERS)
Calculation of Filing Fee
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Transaction valuation* - $1,581,250 Amount of filing fee - $316.25
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*Calculated pursuant to Rule 0-11 based on the average of the high and low
prices for a Warrant of $1.375 as reported by NASDAQ on May 7, 1996 multiplied
by the 1,150,000 Warrants outstanding.
Check box if any part of this fee is offset as provided by Rule
0-11(a)(2) and identify the filing with which the offsetting fee was
previously paid. Identify the previous filing by registration statement
number or the Form or Schedule and the date of the filing.
Amount previously paid: $316.25
Form or Registration Number: Schedule 13E-; file no. 5 - 45847
Filing Party: Advanced Deposition Technologies, Inc.
Date of Previous Filing: May 31, 1996
Date of Current Filing: July 24, 1996
SCHEDULE 13E-4
ISSUER TENDER OFFER STATEMENT
(PURSUANT TO SECTION 13(E)(1) OF THE
SECURITIES EXCHANGE ACT OF 1934)
NOTE: This Amendment No. 2 to Schedule 13E-4 omits information previously
disclosed in the Schedule 13E-4 filed by Advanced Deposition
Technologies, Inc. with the Securities and Exchange Commission on May
13, 1996, as amended on May 31, 1996.
As of July 10, 1996, the issuer tender offer by Advanced Deposition
Technologies, Inc. (the "Company") for the Company's Redeemable Common Stock
Purchase Warrants (the "Warrants") was terminated. For the period from May 13,
1996 through July 10, 1996, as extended (the "Tender Period"), the Company
reduced from two to one the number of Warrants required to purchase one share of
Common Stock, $.01 par value per share (the "Common Stock"), at an exercise
price of $5.00 per share. Also during the Tender Period, any holder who
exercised one Warrant was to receive, for no additional consideration, one Class
B Warrant exercisable to purchase one share of Common Stock at an exercise price
of $5.00 per share until May 12, 1998. The exercisability of such Class B
Warrants was contingent upon the effectiveness of an amendment (the "Amendment")
to the Company's Certificate of Incorporation to increase the number of
authorized shares of Common Stock of the Company. The Amendment became effective
on June 3, 1996. Any exercises of Warrants during the Tender Period could have
been withdrawn at any time prior to July 10, 1996. A total of 1,017,916 Warrants
were exercised during the Tender Period. In accordance with the tender offer
rules under the Securities and Exchange Act of 1934, as amended, all of the
exercises of the Warrants were accepted as of July 10, 1996 by American
Securities Transfer, Inc., as the Company's warrant agent, upon notice from the
Company that it had accepted all Warrant exercises.
SIGNATURE
After due inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
ADVANCED DEPOSITION TECHNOLOGIES, INC.
Date: July 24, 1996 By:/s/ Glenn J. Walters
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Glenn J. Walters
President
