-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, NSzw10uwP/XrD00grik2Bv1fRuvjQvplhDR+1EqhxKN+ZVYjpQjLHtqsiAbssby3 21fKXKq+J6dDXwlzMOFCJA== 0000906318-99-000017.txt : 19990315 0000906318-99-000017.hdr.sgml : 19990315 ACCESSION NUMBER: 0000906318-99-000017 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19990310 ITEM INFORMATION: FILED AS OF DATE: 19990312 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LCA VISION INC CENTRAL INDEX KEY: 0001003130 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-SPECIALTY OUTPATIENT FACILITIES, NEC [8093] IRS NUMBER: 112882328 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-27610 FILM NUMBER: 99563889 BUSINESS ADDRESS: STREET 1: 7840 MONTGOMERY RD CITY: CINCINNATI STATE: OH ZIP: 45236 BUSINESS PHONE: 5137929292 MAIL ADDRESS: STREET 1: 7840 MONTGOMERY ROAD CITY: CINCINNATI STATE: OH ZIP: 45236 8-K 1 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 10, 1999 LCA-Vision Inc. (Exact name of Registrant as specified in its Charter) Delaware 0-27610 11-2882328 (State or other jurisdiction (Commission (IRS Employer of incorporation) File No.) Identification Number) 7840 Montgomery Road, Cincinnati, Ohio 45236 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (513)792-9292 N/A (Former name or former address, if changed since last report) Item 5. Other Events On March 10, 1999 the Registrant issued the attached press release announcing a majority of Series B-1 Convertible Preferred Holders waive option to purchase additional shares. Item 7. Financial Statements and Exhibits (a) Exhibits 99.1 Press Release dated March 10, 1999 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. LCA-VISION INC. Date: March 11, 1999 By:/s/Larry P. Rapp Larry P. Rapp, Chief Financial Officer COMPANY CONTACTS INVESTOR RELATIONS CONTACTS LCA-Vision Inc. Lippert/Heilshorn & Associates, Inc. Dr. Stephen N. Joffe, Bruce Voss (Burce@lhai.com) Chairman & CEO Ruth Abeshaus (Ruth@lhai.com) Larry Rapp, VP-Finance (212) 838-3777 & CFO (212) 838-3777 (513) 792-9292 FOR IMMEDIATE RELEASE LCA-VISION ANNOUNCES MAJORITY OF SERIES B-1 CONVERTIBLE PREFERRED HOLDERS WAIVE OPTION TO PURCHASE ADDITIONAL SHARES CINCINNATI (March 10, 1999) - LCA-Vision Inc. (NASDAQ: LCAV), a leading U.S. provider of laser vision correction services, today announced that the Company has reached an agreement with certain majority holders of its 6% Series B-1 convertible preferred stock. Under this agreement, the Company will issue to these Series B-1 holders 165,076 shares of its common stock in exchange for these holders waiving their option to purchase an additional $5 million of convertible preferred shares under the same terms and conditions as the original $10 million convertible preferred private placement, which was announced on May 11, 1998. "With this agreement we are reducing potential future dilution while simplifying our capital structure," said Stephen N. Joffe, M.D., LCA-Vision chairman and chief executive officer. This agreement will result in a non-cash charge of $325,000 or less than $0.01 per share to the first quarter 1999 statement of operations. Of the original $10 million of convertible preferred issued in 1998, $2,025,000 remains outstanding as of March 9, 1999. LCA-Vision operates laser vision correction centers in the U.S., Canada, and Europe that are supported by a network of 600 physicians and 800 referring optometrists. Since inception, more than 50,000 laser vision correction procedures have been performed at the Company's centers. For additional news and information about LCA-Vision and laser vision correction, please visit the Company's Web site at www.lca-vision.com. This release contains forward-looking statements that are subject to risks and uncertainties including, but not limited to, the impact of competition and pricing, procedure demand and marketplace acceptance, and unforeseen fluctuations in operating results and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. -----END PRIVACY-ENHANCED MESSAGE-----