SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) February 4, 1997
AVERT, INC.
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(Exact name of registrant as specified in its charter)
Colorado 0-239052 84-1028716
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(State of other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
301 Remington, Fort Collins, Colorado 80524
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: 970-484-7722
119 East Mountain Avenue Fort Collins, CO 80524
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(Former name or former address, if changed since last report.)
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Item 5 Other Events
a) Avert, Inc. announced that Board intends to adhere to warrant expiration
date of April 30, 1997.
Item 7 Financial Statements and Exhibits
c) Exhibits
30 Press release dated February 4, 1997 regarding warrant expiration
date
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<PAGE>
SIGNATURE
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 thereunto duly authorized.
AVERT, INC.
April 14, 1997 By: /s/ Dean A. Suposs
Date -----------------------------
Dean A. Suposs
President
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EXHIBIT INDEX
Exhibit No. Exhibit Description Page
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30 Press Release, dated 5
February 4, 1997
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FOR IMMEDIATE RELEASE: NEWS
February 4, 1997 Nasdaq National Market/AVRT
http://www.avert.com
AVERT, INC. ANNOUNCES BOARD INTENDS TO
ADHERE TO WARRANT EXPIRATION DATE OF APRIL 30, 1997
FORT COLLINS, Colorado - Avert, Inc. (Nasdaq National Market/AVRT), an
information services company that provides employment background checks to a
growing nationwide customer base, today announced that the Board of Directors
intends to adhere to the Redeemable Warrant expiration date of April 30, 1997.
The 1,000,000 Redeemable Warrants were issued as a part of Avert's initial
public offering completed in June 1994. Two Redeemable Warrants entitle the
holder to purchase one share of Avert's Common Stock at an exercise price of
$6.50 per share. The Warrants are redeemable by Avert at $.05 per Redeemable
Warrant under certain circumstances.
Through its headquarters in Fort Collins, Avert is an information services
company that provides employment background checks to thousands of employers
nationwide. Products and services include criminal records, civil records,
workers' compensation histories, driving records, previous employment
verification, credit histories, education verification and social security
number validation.
Contact:
Avert, Inc.
Kim Moss, Investor Relations
970/484-7722
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