-----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, PXqBOgXOPRwTmng5h5UPS68ZqTx90zxzXnBz9d1KRh5rOZdk9fbsvPwcBT465ehw B30JmXgYW1VqM4Tc1/97Zg== 0001047469-98-009599.txt : 19980612 0001047469-98-009599.hdr.sgml : 19980612 ACCESSION NUMBER: 0001047469-98-009599 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19980305 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19980312 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: RADIUS INC CENTRAL INDEX KEY: 0000805574 STANDARD INDUSTRIAL CLASSIFICATION: 3577 IRS NUMBER: 680101300 STATE OF INCORPORATION: CA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-18690 FILM NUMBER: 98564350 BUSINESS ADDRESS: STREET 1: 215 MOFFETT PARK DRIVE CITY: SUNNYVALE STATE: CA ZIP: 94089-1374 BUSINESS PHONE: 4085416100 MAIL ADDRESS: STREET 1: 215 MOFFETT PARK DR CITY: SUNNYVALE STATE: CA ZIP: 94089-1374 8-K 1 8-K 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 5, 1998 RADIUS INC. - - ------------------------------------------------------------------------------- (Exact name of Registrant as specified in its charter) CALIFORNIA - - ------------------------------------------------------------------------------- (State or other jurisdiction of incorporation) 000-18690 68-0101300 ----------- ------------------ (Commission (IRS Employer File Number) Identification No.) 215 Moffett Park Avenue, Sunnyvale, CA 94089 - - ------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) (408) 541-6100 - - ------------------------------------------------------------------------------- (Registrant's telephone number, including area code) - - ------------------------------------------------------------------------------- (Former name or former address, if changed since last report) ITEM 5: OTHER EVENTS. On March 5, 1997, Radius Inc. (the "Company") announced a one-for-ten reverse stock split of its outstanding shares of Common Stock, which reverse stock split was previously approved by the Company's Board of Directors and shareholders on February 11, 1998. The reverse stock split became effective at the close of business on March 9, 1998, and the Company's Common Stock began trading on a post-split basis on March 10, 1998. ITEM 7: FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. (c) Exhibits. The following exhibit is filed herewith: 99. Press release dated March 5, 1998 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. RADIUS INC. Date: March 12, 1998 By: /s/ Henry V. Morgan ---------------------------------- Henry V. Morgan Chief Financial Officer 3 EXHIBIT INDEX Exhibit 99 Press Release dated March 5, 1998 4 EX-99 2 EXHIBIT 99 EXHIBIT 99 ---------- CONTACT HANK MORGAN CHIEF FINANCIAL OFFICER RADIUS INC. 408-541-5025/408-541-5551FAX HANK_MORGAN@RADIUS.COM RADIUS ANNOUNCES REVERSE STOCK SPLIT Sunnyvale, Calif., March 5, 1998 - Radius Inc. (NASDAQ:RDUS) today announced a one for ten reverse split of its outstanding shares of Common Stock. This reverse split was previously approved at the annual meeting of its shareholders on February 11, 1998. The reverse split will be effective with the close of business on March 9, 1998, and the shares will begin trading on a post-split basis effective on March 10, 1998. With the completion of the reverse stock split the company will have approximately 5,500,000 common shares outstanding. "This reverse split brings the number of shares outstanding and the share price to a level more consistent with companies of our size and will reduce the transaction costs to our shareholders," said Hank Morgan, senior vice president and CFO. Morgan continued, "in addition this action will keep the Company in compliance with the recent changes in the continued listing requirements for the Nasdaq SmallCap Market which require a minimum $1 bid price on common stock." RADIUS INC. Founded in 1986 and based in Sunnyvale, California, Radius offers the highest quality digital video solutions, Super Resolution 2D and 2D/3D graphics cards, professional color calibrated display systems and PC compatibility cards. Radius products are available through a worldwide network of Radius authorized resellers, systems integrators, and distributors. Radius may be reached at 408-541-6100 or on the worldwide web at www.radius.com. 5 -----END PRIVACY-ENHANCED MESSAGE-----