SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 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): March 23, 1998
AID AUTO STORES, INC.
(Exact Name of Registrant as Specified in Charter)
Delaware 1-13710 11-2254654
(State or Other Juris- (Commission File No.) (IRS Employer
diction of Incorporation) Identification
No.)
275 Grand Boulevard, Westbury, New York 11590
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (516) 338-7889
N/A
(Former Name or Former Address, if Changed Since Last
Report)<PAGE>
ITEM 5. Other Events.
Aid Auto Stores, Inc. (the "Company") has extended the
expiration date of its publicly traded
warrants from April 10, 1998 to April 10, 1999. The Company
distributed a press release with respect to
such extension on March 23, 1998. Each warrant entitles the holder
to purchase one share of the Company's
common stock at an exercise price of $4.00.
ITEM 7. Financial Statements, Pro Forma Financial Information and
Exhibits
1. Press Release, dated March 23, 1998, relating to the
extension of the warrants.
<PAGE>
Signatures:
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 hereunto
duly authorized.
AID AUTO STORES, INC.
By:
Name: Philip L. Stephen
Title: Chairman, Chief Executive
Officer and President
Date:March 24, 1998
<PAGE>
EXHIBIT A
Company Contact:Frank Mangano
Chief Financial Officer
(516) 338-7889
FROM: AID AUTO STORES, INC.
275 Grand Boulevard
P.O. Box 281
Westbury, NY 11590
AID AUTO ANNOUNCES EXTENSION OF WARRANTS
WESTBURY, NEW YORK, MARCH 23, 1998 - AID AUTO STORES, INC.
(NASDAQ Symbols:
AIDA, AIDAW), today announced that it is extending the expiration
date of its publicly traded warrants to
April 10, 1999. Each warrant entitles the holder to purchase one
share of common stock at an exercise price
of $4.00. The warrants were set to expire April 10, 1998.
AID AUTO STORES, INC. is a major New York metropolitan area
retailer, wholesaler and
franchisor of automotive parts and accessories, targeting both the
do-it-yourself and commercial markets.
