CELLSTAR CORP
424B3, 1998-05-14
ELECTRONIC PARTS & EQUIPMENT, NEC
Previous: MK GOLD CO, 10-Q, 1998-05-14
Next: INTERNATIONAL ASSETS HOLDING CORP, 10QSB, 1998-05-14



<PAGE>

Prospectus Supplement No. 6                           Registration No. 333-41753
to Prospectus dated February 11, 1998                   Rule 424(b)(3)Prospectus

                                       
             $150,000,000 5% CONVERTIBLE SUBORDINATED NOTES DUE 2002
                                      AND
                        2,882,635 SHARES OF COMMON STOCK
                             CELLSTAR CORPORATION


     This Prospectus Supplement supplements information contained in that 
certain Prospectus of CellStar Corporation, a Delaware corporation (the 
"Company"), dated February 11, 1998, as supplemented by that certain 
Prospectus Supplement No. 1, dated February 20, 1998, that certain Prospectus 
Supplement No. 2, dated March 18, 1998, that certain Prospectus Supplement 
No. 3, dated March 26, 1998, that certain Prospectus Supplement No. 4, dated 
April 22, 1998 and that certain Prospectus Supplement No. 5, dated May 4, 
1998 (as supplemented, the "Prospectus"), relating to the offer and sale (the 
"Offering") by certain selling securityholders (the "Selling 
Securityholders") of (i) up to $150,000,000 aggregate principal amount of 5% 
Convertible Subordinated Notes due 2002 (the "Notes") of the Company, (ii) up 
to 2,710,761 shares (subject to adjustment) of Common Stock, par value $0.01 
per share (the "Common Stock"), of the Company issuable upon conversion of 
the Notes and (iii) up to 171,874 shares of Common Stock currently held by a 
Selling Securityholder.  This Prospectus Supplement is not complete without, 
and may not be delivered or utilized except in connection with, the 
Prospectus, including any amendments or supplements thereto. Capitalized 
terms used but not defined herein have the meanings assigned to such terms in 
the Prospectus.

     The following table amends and supplements the information set forth in 
the Prospectus in the table under the caption "Selling Securityholders" with 
respect to the named Selling Securityholders and (i) the amount of Notes 
owned by the named Selling Securityholders (assuming no Notes have been sold 
since the dates on which such securityholders provided such information to 
the Company), (ii) the maximum amount of Notes which may be offered for the 
account of such Selling Securityholders under the Prospectus, as amended and 
supplemented, (iii) the amount of Common Stock owned by such Selling 
Securityholders (assuming no shares of Common Stock have been sold since the 
dates on which such securityholders provided such information to the Company) 
and (iv) the maximum amount of Common Stock which may be offered for the 
account of such Selling Securityholders under the Prospectus, as amended and 
supplemented.

<PAGE>

<TABLE>
                      Principal
                      Amount of       Principal       Common Stock
                     Notes Owned      Amount of        Owned Prior      Common Stock
 Name of Selling      Prior to      Notes Offered     to Offering      Offered Hereby
Securityholder (1)    Offering         Hereby             (2)                (3)
- ------------------   -----------    -------------     ------------     --------------
<S>                  <C>            <C>               <C>              <C>
BNP Arbitrage 
SNC (4)              $1,000,000      $1,000,000          18,071            18,071

Merrill Lynch
Pierce Fenner &
Smith Inc.           $2,600,000      $2,600,000          46,986            46,986
</TABLE>


(1)  The information set forth herein is as of (a) May 5, 1998 for BNP Arbitrage
     SNC and (b) May 8, 1998 for Merrill Lynch Pierce Fenner & Smith Inc.

(2)  Includes the shares of Common Stock into which the Notes held by such
     Selling Securityholder are convertible at the initial conversion price. 
     The conversion price and the number of shares of Common Stock issuable 
     upon conversion of the Notes are subject to adjustment under certain
     circumstances.  See "Description of Notes -- Conversion of Notes." 
     Accordingly, the number of shares of Common Stock issuable upon conversion
     of the Notes may increase or decrease from time to time.

(3)  Assumes conversion into Common Stock of the full amount of Notes held by
     the Selling Securityholder at the initial conversion price and the offering
     of such shares by such Selling Securityholder pursuant to the Registration
     Statement of which this Prospectus forms a part.  The conversion price and
     the number of shares of Common Stock issuable upon conversion of the Notes
     are subject to adjustment under certain circumstances.  See "Description of
     Notes -- Conversion of Notes." Accordingly, the number of shares of Common
     Stock issuable upon conversion of the Notes may increase or decrease from
     time to time. Fractional shares will not be issued upon conversion of the
     Notes; rather, cash will be paid in lieu of fractional shares, if any.

(4)  BNP/Cooper Neff Advisors, Inc. is the investment advisor to BNP Arbitrage
     SNC and has the power to vote and dispose of such securities.

     The date of this Prospectus Supplement is May 13, 1998.



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