-----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, Vg2sY6kMacrt9EvbDvtV3LqNQyNQWqLiadtBmemmkxJOsGbUQu+bwA5b5na+rw84 Y0KhO55X068kJHO1pKU06w== 0000910647-96-000096.txt : 19960705 0000910647-96-000096.hdr.sgml : 19960705 ACCESSION NUMBER: 0000910647-96-000096 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19960603 ITEM INFORMATION: Other events FILED AS OF DATE: 19960703 SROS: BSE SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: WIDECOM GROUP INC CENTRAL INDEX KEY: 0000922023 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATIONS EQUIPMENT, NEC [3669] IRS NUMBER: 980139939 STATE OF INCORPORATION: A6 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13588 FILM NUMBER: 96590995 BUSINESS ADDRESS: STREET 1: 55 CITY CENTER DR STREET 2: STE 500 L5B 1M3 MISSISSAUGA CITY: ONTARIO, CANADA STATE: A6 BUSINESS PHONE: 9057120505 MAIL ADDRESS: STREET 1: 55 CITY CENTRE DRIVE STREET 2: STE 500 MISSISSAUGA L5B 1M3 CITY: ONTARIO, CANADA STATE: A6 8-K 1 FORM 8-K SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 8-K Current Report Pursuant to Section 13 or 15 (d) of The Securities Act of 1934 Date of Report (Date of earliest event reported): June 3, 1996 THE WIDECOM GROUP INC. (Exact Name of Registrant as Specified in its Charter) Ontario, Canada (State or Other Jurisdiction of Incorporation) 1-13589 98-0139939 (Commission File Number) (IRS Employer Identification No.) 55 City Centre Drive, Suite 500, Mississauga, Ontario, Canada L5B 1M3 (Address of Principal Executive Offices) (Zip Code) (905) 566-0180 (Registrant's Telephone Number, Including Area Code) (Former Name or Former Address, If Changed Since Last Report) INFORMATION TO BE INCLUDED IN FORM 8-K Item 1. Change in Control of Registrant. Not Applicable. Item 2. Acquisition or Disposition of Assets. Not Applicable. Item 3. Bankruptcy or Receivership. Not Applicable. Item 4. Changes in Registrant's Certifying Accountant. Not Applicable. Item 5. Other Events. See Press Release Below. Manning, Selvage & Lee Public Relations 79 Madison Avenue New York, New York 10016-7800 Telephone: (212) 213-0909 Fax: (212) 213-7191 NEWS RELEASE FOR IMMEDIATE RELEASE - --------------------- Contact: Andrew Komendantov Manning, Selvage & Lee (212) 213-7147 WideCom Group Moves Up Warrant Exercise Date MISSISSAUGA, Ontario, Canada, June 3, 1996--The WideCom Group Inc. (NASDAQ; WIDEF, WIDWF) (BSE; WDE, WDEW) announced today it would accelerate the exercisability of certain outstanding warrants (the "Bridge Warrants") from January 13, 1997 to June 13, 1996, giving the holder the discretion to exercise at any time between this date and January 13, 2001. The Bridge Warrants, which were acquired by investors in the Company's 1995 private placement, are exercisable upon payment of an exercise price of US $4.00 per share, during the period from June 13, 1996 to January 31, 2001. A total of 840,000 Bridge Warrants are outstanding. Raja S. Tuli, WideCom's Chief Executive Officer, noted that "The advantage of accelerating the exercise date of the Bridge Warrants is to bring additional working capital to the Company." The WideCom Group Inc. designs, manufactures and markets high-speed, high- performance wide-format document management systems. The Company's product lines include its 36"-wide WIDEfax(TM) machines, engineering scanners and direct imaging plotters. WideCom distributes its products directly through its sales offices as well as distributors internationally. ##### Item 6. Resignation of Registrant's Directors. Not Applicable. Item 7. Financial Statements and Exhibits. Not Applicable. Item 8. Change in Fiscal Year. Not Applicable. 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. The WideCom Group Inc., an Ontario Corporation Dated: July 1, 1996 /s/ RAJA S. TULI ---------------------------------------------- Raja S. Tuli, President -----END PRIVACY-ENHANCED MESSAGE-----