BOYDS WHEELS INC
10-C, 1996-07-01
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:   3,552,699  

3.   Number of shares outstanding after the change:  3,732,699  

4.   Effective date of change:  June 26, 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 (over-allotment option exercise).

                         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 28, 1996                    /s/ STANLEY CLARK                  
       -------------                    ---------------------------
                                            Stanley Clark,
                                            Chief Operating Officer


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