ADVANCED DEPOSITION TECHNOLOGIES INC
8-K, 1996-06-18
PLASTICS, FOIL & COATED PAPER BAGS
Previous: HOULIHANS RESTAURANT GROUP INC, 8-K, 1996-06-18
Next: PAIRGAIN TECHNOLOGIES INC /CA/, 10-C, 1996-06-18



                       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: June 18, 1996
                          -----------------------------


                     ADVANCED DEPOSITION TECHNOLOGIES, INC.
                   ------------------------------------------
             (Exact Name of Registrant as Specified in Its Charter)

                                    Delaware
                   ------------------------------------------
                 (State or Other Jurisdiction of Incorporation)

                 1-12230                                 04-2865714
         -----------------------                  ----------------------- 
         (Commission File Number)           (I.R.S. Employer Identification No.)


           580 Myles Standish Boulevard, Taunton, Massachusetts     02780
       --------------------------------------------------------------------
                (Address of Principal Executive Offices)          (Zip Code)

                                  (508)823-0707
       --------------------------------------------------------------------
              (Registrant's Telephone Number, Including Area Code)

                                 Not Applicable
       --------------------------------------------------------------------
          (Former Name or Former Address, if Changed Since Last Report)





                                TABLE OF CONTENTS

                                    FORM 8-K

                                  June 18, 1996



Item                                                                        Page
- ----                                                                        ----

ITEM 5.  OTHER EVENTS                                                         1

SIGNATURE                                                                     2

EXHIBITS                                                                    None





ITEM 5.  OTHER EVENTS

         Advanced Deposition Technologies, Inc. (the "Company") has extended the
Special  Exercise  Period  during  which the terms of the  Company's  Redeemable
Common Stock Purchase  Warrants (the "Warrants") are temporarily  modified.  The
Special  Exercise  Period will now expire at 5:00 p.m.,  New York City time,  on
June 24, 1996.  During the Special  Exercise  Period,  each Warrant entitles the
holder to purchase one share of Common  Stock at an exercise  price of $5.00 per
share and to  receive  one Class B  Redeemable  Common  Stock  Purchase  Warrant
("Class B Warrant"), for no additional consideration. After the Special Exercise
Period, two Warrants will once again be required to purchase one share of Common
Stock at $5.00 per share and no Class B Warrants will be issued upon exercise of
the Warrants.

         The terms of the Class B Warrants have been  described in prior filings
with the Securities and Exchange Commission. 

         This shall not  constitute an offer to sell or the  solicitation  of an
offer to buy nor  shall  there be any sale of these  securities  in any state in
which such offer, solicitation or sale would be unlawful prior to resignation or
qualification under the securities laws of any such state.

                                        1


                                   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.

                                          Advanced Deposition Technologies, Inc.


                                          By:/s/ Glenn J. Walters
                                             -----------------------------------
                                             Glenn J. Walters, President
Date:  June 18, 1996



                                       2





© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission