FORM 8-K
CURRENT REPORT FOR ISSUERS SUBJECT TO THE
1934 ACT REPORTING REQUIREMENTS
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) January 31, 2000
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Micro Component Technology, Inc.
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(Exact name of registrant as specified in its charter)
MN 0-22384 41-0985960
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
2340 West County Road C, St. Paul, Minnesota 55113-2528
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (651) 697-4000
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(Former name or former address, if changed since last report)
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ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
On January 31, 2000, the registrant completed its acquisition of Aseco
Corporation, a Delaware corporation. This acquisition was implemented through
the merger of registrant's wholly-owned subsidiary, MCT Acquisition, Inc., a
Delaware corporation, with and into Aseco Corporation. As a result, Aseco
Corporation became a wholly-owned subsidiary of registrant. Each shareholder of
Aseco received .663 shares of common stock of MCT for each share of common stock
of Aseco held. For more information regarding the terms of this transaction,
please see the Registration Statement on Form S-4 filed by registrant on
December 30, 1999, and the Joint Proxy Statement/Prospectus of registrant and
Aseco Corporation contained therein, SEC File Number 333-89675.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
The financial statements, pro forma financial information and exhibits required
in response to this Item were filed as part of the Registration Statement on
Form S-4 filed by registrant on December 30, 1999, SEC File Number 333-89675.
Primarily as a consequence of the appreciation of MCT's stock price prior to the
consummation of the transaction, MCT is expected to record goodwill of
approximately $17 million, approximately $7 million greater than goodwill
indicated in the pro forma financial statements previously filed. These amounts
are pending final valuation of the assets and liabilities of Aseco Corporation.
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.
February 4, 2000
MICRO COMPONENT TECHNOLOGY, INC.
By: /s/ Jeffrey S. Mathiesen
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Jeff S. Mathiesen, Chief Financial Officer
Chief Accounting Officer
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