-----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, UNBROobRSvCgDwrQGXivaI1Vhx+3NE4P6F+IWZeyz7/Q2qg6EBsABxEXUZ5dOXCt vR88Sm8/9hPSt98ut7UEpg== 0000892569-96-000895.txt : 19960607 0000892569-96-000895.hdr.sgml : 19960607 ACCESSION NUMBER: 0000892569-96-000895 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19960530 ITEM INFORMATION: Other events FILED AS OF DATE: 19960606 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: COMPREHENSIVE CARE CORP CENTRAL INDEX KEY: 0000022872 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-HOSPITALS [8060] IRS NUMBER: 952594724 STATE OF INCORPORATION: DE FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-09927 FILM NUMBER: 96577706 BUSINESS ADDRESS: STREET 1: 1111 BAYSIDE DRIVE, #100 CITY: CORONA DE MAR STATE: CA ZIP: 92625 BUSINESS PHONE: 714-222-2273 MAIL ADDRESS: STREET 1: 350 W BAY ST CITY: COSTA MESA STATE: CA ZIP: 92627 FORMER COMPANY: FORMER CONFORMED NAME: NEURO PSYCHIATRIC & HEALTH SERVICES DATE OF NAME CHANGE: 19730501 FORMER COMPANY: FORMER CONFORMED NAME: JADE OIL CO DATE OF NAME CHANGE: 19700402 FORMER COMPANY: FORMER CONFORMED NAME: NEURO PSYCHIATRIC & HEALTH SERVICES INC DATE OF NAME CHANGE: 19700402 8-K 1 COMPREHENSIVE CARE CORPORATION - 5/30/96 1 UNITED STATES 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) May 30, 1996 ------------------------------- COMPREHENSIVE CARE CORPORATION ------------------------------------------------------ (Exact Name of Registrant as Specified in its Charter) State of Delaware ---------------------------------------------- (State or Other Jurisdiction of Incorporation) 0-5751 95-2594724 - ------ ---------- (Commission File Number) (I.R.S. Employer Identification No.) 1111 Bayside Drive, Suite 100, Corona del Mar, California 92625 --------------------------------------------------------------- (Address and Zip Code of Principal Executive Offices) (714) 222-2273 ---------------------------------------------------- (Registrant's Telephone Number, Including Area Code) 1 2 ITEM 5. OTHER EVENTS On May 30, 1996, the Company sold its 100-bed freestanding facility in San Diego, California for $2.0 million. The Company received these proceeds on May 31, 1996. This facility was originally closed during fiscal 1990. The sale of this closed facility relieves the Company of the ongoing cash obligations for the carrying costs associated with this property. On May 30, 1996, exchange of the Company's Secured Conditional Exchangeable Note Purchase Agreement with Premier Strategic Growth Fund, formerly known as Dreyfus Strategic Growth, L.P., for $1.0 million was effectuated. As a result, on May 31, 1996, the Company issued 132,560 shares of the Company's common stock to Premier Strategic Growth Fund and paid $61,520.15 representing accrued interest to date. The Company will reflect this transaction on its financial statements as of May 31, 1996. The exchange of the Note will reduce the Company's future cash obligations under the terms of such Note. On June 3, 1996, the corporate headquarters of the Company moved to 1111 Bayside Drive, Suite 100, Corona del Mar, California 92625. The new phone number is (714) 222-2273 and the new facsimile number is (714) 719-9797. The Company's new corporate facility occupies approximately 6,890 square feet under a five-year lease. Such lease obligations range from $165,360 during the first year, increases to $201,000 for the last year of the lease and are subject to annual adjustment for CPI. 2 3 SIGNATURES ---------- Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. COMPREHENSIVE CARE CORPORATION Dated: June 4, 1996 By /s/ KERRI RUPPERT ------------------------------- (Officer's signature and title) Kerri Ruppert Senior Vice President and Chief Accounting Officer (Principal Accounting Officer) 3 -----END PRIVACY-ENHANCED MESSAGE-----