-----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, C3DYneMTkVCNTaClRm9X9i/LtEKIgsbyXqbWa3ixoyKtl8C/uCq4gt9RcFRghE6H ZY3KKR7FJ0EB4YNyNlgnMA== 0000910647-97-000113.txt : 19970502 0000910647-97-000113.hdr.sgml : 19970502 ACCESSION NUMBER: 0000910647-97-000113 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19970411 ITEM INFORMATION: Other events FILED AS OF DATE: 19970501 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: 97592527 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 BODY OF 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): February 10, 1997 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) 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. On February 10, 1997, the Registrant announced that it was calling for redemption of all of the publicly-traded warrants issued in connection with its initial public offering. On April 10, 1997, the company announced that the Warrant Redemption Program was complete, that more than half the warrants had been exercised, and that no warrants would be redeemed, all as described in the Press Release attached as Exhibit A to this Form 8-K. 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. Dated: April 30, 1997 /s/ Raja S. Tuli Raja S. Tuli, President and Chief Executive Officer Exhibit Index Exhibit No. Description Page No. 20.3 Press Release 4 EX-20 2 EXHIBIT 20.3 Exhibit 20.3 FOR IMMEDIATE RELEASE TRADED: NASDAQ: WIDEF, WIDWF APRIL 10, 1997 BOSTON: WDE, WDEW WIDECOM ANNOUNCES COMPLETION OF WARRANT REDEMPTION PROGRAM Mississauga, Ontario, Canada -- The WideCom Group Inc. announced today that it had completed its warrant redemption program. Pursuant to the redemption program, half of the Company's publicly- traded warrants (Nasdaq: "WIDWF"; BSE: "WDEW") were tendered for exercise, resulting in net proceeds to the Company of approximately $2.7 million. None of the Company's publicly-trade warrants were, therefore, redeemed. As previously announced, the remaining half of the Company's publicly- traded warrants continue to trade in the market and the exercise price of those warrants has reverted to $4.00 per share. The WideCom Group Inc. designs, manufactures and markets high-speed, high- performance, wide-format document management systems. WideCom's product lines include its 36" WIDEfax(R) facsimile machines, engineering scanners and direct imaging plotters. WideCom distributes its products directly through VARs, OEMs and distributors internationally. -----END PRIVACY-ENHANCED MESSAGE-----