BOYDS WHEELS INC
10-C, 1996-06-17
MOTOR VEHICLE PARTS & ACCESSORIES
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<PAGE>   1
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-C

                REPORT BY ISSUER OF SECURITIES QUOTED ON NASDAQ
                          INTERDEALER QUOTATION SYSTEM

                  Filed pursuant to Section 13 or 15(d) of the
                Securities Exchange Act of 1934 and Rule 13a-17
                              or 15d-17 thereunder

                               Boyds Wheels, Inc.
                               ------------------
                 (Exact name of issuer as specified in charter)

                8380 Cerritos Avenue, Stanton, California 90680
                -----------------------------------------------
                    (Address of principal executive offices)

        Issuer's telephone number, including area code:  (714) 952-4038 
                                                        ----------------

                   I. CHANGE IN NUMBER OF SHARES OUTSTANDING

          Indicate any change (increase or decrease) of 5% or more in
                       the number of shares outstanding:

1.       Title of security:  Common Stock
                             ------------

2.       Number of shares outstanding before the change:   2,551,699  
                                                           ---------
                                                           
3.       Number of shares outstanding after the change:   3,522,699  
                                                          ---------

4.       Effective date of change:  June 11, 1996                    
                                    -------------
                                    
5.       Method of change:
                 Specify method (such as merger, acquisition, exchange,
                 distribution, stock split, reverse split, acquisition of stock
                 for treasury, etc.)

                               Issuance of Stock
                               -----------------
                               
         Give brief description of transaction:  Issuance in connection with
                                                 ---------------------------
public offering.
- ----------------------------------------------------------------------------

                         II.  CHANGE IN NAME OF ISSUER

1.       Name prior to change:  N/A 
                                ---

2.       Name after change:  N/A 
                             ---

3.       Effective date of charter amendment changing name:  N/A
                                                             ---

4.       Date of shareholder approval of change, if required:  N/A
                                                               ---

Date:  June 12, 1996              /S/ BOYD CODDINGTON 
       -----------------          --------------------------------
                                  Boyd Coddington, 
                                  Chief Executive Officer







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