-----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, VK+hMJephXC51TdRg/Rzc0L0GGebgvd1nwXFkraSyJY5rBjCnQzXxJOsaPX54sXE wBfeeS6GV5jMZYO1wxuowQ== 0000849401-98-000007.txt : 19980714 0000849401-98-000007.hdr.sgml : 19980714 ACCESSION NUMBER: 0000849401-98-000007 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19980527 ITEM INFORMATION: FILED AS OF DATE: 19980710 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: ADM TRONICS UNLIMITED INC/DE CENTRAL INDEX KEY: 0000849401 STANDARD INDUSTRIAL CLASSIFICATION: ADHESIVES & SEALANTS [2891] IRS NUMBER: 221896032 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: SEC FILE NUMBER: 000-17629 FILM NUMBER: 98664097 BUSINESS ADDRESS: STREET 1: 224 S PEGASUS AVE CITY: NORTHVALE STATE: NJ ZIP: 07647 BUSINESS PHONE: 2017676040 MAIL ADDRESS: STREET 1: 224 S PEGASUS AVE CITY: MORTHVALE STATE: NJ ZIP: 07647 8-K/A 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. FORM 8-K/A 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 27, 1998 ADM Tronics Unlimited, Inc (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation) 0-17629 22-1896032 (Commission File Number) (IRS Employer Identification Number) 224-S Pegasus Avenue, Northvale, NJ 07647 (Address of principal executive offices, Zip Code) Registrant's telephone number, including area code 201-767-6040 1 Item 5. Other Events On May 27, 1998, the Registrant entered into an Asset Purchase Agreement (the "Agreement") with Electropharmacology, Inc. ("EPI"). Pursuant to the Agreement, the Registrant agreed to purchase and EPI agreed to sell certain assets utilized by EPI in connection with EPI's SofPulse electromagnetic stimulation device marketed under the name MRT-SofPulse or SofPulse for use in treating pain and edema in post-operative soft tissue injuries. The purchase price consists of 2,925,000 shares of the Registrant's Common Stock, $150,000 and a three year Warrant for the purchase of up to 1,500,000 shares of the Registrant's common stock at $.425 per share. The actual amount of shares which can be purchased upon exercise of such warrant is contingent upon the Registrant reaching certain levels of sales in connection with the assets to be acquired from EPI. The purchase of such assets is contingent upon, among other things, approval of EPI's shareholders. Such approval has not yet been obtained. The Registrant has agreed to register the shares of its Common Stock to be issued to EPI as well as shares of its Common Stock which may be acquired upon exercise of the Warrant to be issued to EPI under the Securities Act of 1933, subject to certain lockup provisions. On May 27, 1998, the Registrant entered into an agreement with Wharton Capital, Inc. ("Wharton") pursuant to which Wharton agreed to provide the Registrant with consulting services related to contract negotiations, financial services, public relations, business plans, evaluation of future financing and potential merger and acquisitions through September 15, 1998. As compensation to Wharton for its services, the Registrant agreed to issue 342,000 shares of its common stock and pay $15,000. The Registrant has registered such shares under the Securities Act of 1933. 2 SIGNATURES Pursuant to the requirements of Section 13 or 15(d) 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. ADM Tronics Unlimited, Inc. (Registrant) /s/ Dr. Alfonso DiMino President -----END PRIVACY-ENHANCED MESSAGE-----