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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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):
March 26, 1999 (March 25, 1999)
NAM CORPORATION
(Exact Name of Registrant as Specified in Charter)
Delaware 0-21419 25-2753988
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(State or Other Jurisdiction (Commission File Number) (I.R.S. Employer
of Incorporation) Identification No.)
1010 Northern Boulevard
Great Neck, New York 11021
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (516) 829-4343
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Index to Current Report on Form 8-K
of NAM Corporation
March 26, 1999
Item Page
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Item 5. Other Events 3
Signatures 4
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Item 5. Other Events.
On March 25, 1999, NAM Corporation (the "Company") announced the
extension of its March 1998 Purchase Plan (the "Plan"), pursuant to which the
number of shares of Common Stock of the Company eligible for purchase under the
Plan was increased to an aggregate of 600,000 shares (the "Shares"). No
purchases of Common Stock under the Plan have been made to date. The Plan is
subject to and in compliance with the provisions and limitations of Rule 10b-18
promulgated under Section 10(b) of the Securities Exchange Act of 1934, as
amended. Purchases, if any, may be made from time to time in open market
transactions at prevailing market prices until the earlier of all of the Shares
being purchased or March 25, 2000, which is the expiration date of the Plan.
Purchases may commence at any time and may be discontinued at any time during
the term of the Plan without purchasing any of the Shares and without notice.
The Company will not solicit the purchase of any of its Common Stock or
otherwise tender for the purchase of any of its Common Stock. The source of
funds for the purchase of the Shares will be from the Company's general
corporate funds, and any Shares purchased will be held in treasury.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report on Form 8-K to be signed on its
behalf by the undersigned hereunto duly authorized.
NAM CORPORATION
By: /s/ Roy Israel
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Name: Roy Israel
Title: Chief Executive Officer and President
By: /s/ Patricia Giuliani-Rheaume
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Name: Patricia Giuliani-Rheaume
Title: Chief Financial Officer and Vice President
Date: March 26, 1999
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