-----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, GdoeJ44s/hoa6M0TpIt50IcSHin9p0UV2fi87Rbd2wNCMLShMXGNjaDpl5oGLi/L X3UHflytPjIxNkcqljTXeQ== 0000950008-97-000210.txt : 19970613 0000950008-97-000210.hdr.sgml : 19970613 ACCESSION NUMBER: 0000950008-97-000210 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19970611 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19970612 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: PARADIGM TECHNOLOGY INC /DE/ CENTRAL INDEX KEY: 0000945699 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 770140882 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-26124 FILM NUMBER: 97622843 BUSINESS ADDRESS: STREET 1: 71 VISTA MONTANA CITY: SAN JOSE STATE: CA ZIP: 95134 BUSINESS PHONE: 4089540500 MAIL ADDRESS: STREET 1: 71 VISTA MONTANA CITY: SAN JOSE STATE: CA ZIP: 95134 8-K 1 CURRENT REPORT 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: June 11, 1997 PARADIGM TECHNOLOGY, INC. ------------------------------------------------------ (Exact name of registrant as specified in its charter) Delaware 0-26124 770140882-5 - ---------------------------- ----------------- ---------------------- (State or Other Jurisdiction (Commission (I.R.S. Employer of Incorporation) File Number) Identification Number) 694 Tasman Drive, Milpitas, CA 95035 -------------------------------------- -------- (Address of principal executive offices) (Zip Code) (408) 954-0500 ------------------------------ (Registrant's telephone number, including area code) -1- Item 5. Other Events. ------------ The Company has received an inquiry from the Nasdaq Stock Market ("Nasdaq") concerning the Company's compliance with Nasdaq's listing requirements. Due to a technical SEC reporting requirement, the Company did not count the 200 shares of 5% Series A Convertible Redeemable Preferred Stock ("Preferred Stock") as stockholders' equity in its Quarterly Report on Form 10-Q for the period ending March 31, 1997. As a result of the fact that 70 shares of the 200 shares of the Preferred Stock have been converted into Common Stock subsequent to March 31, 1997, the Preferred Stock has been reduced by $770,000 and the Common Stock and correspondingly the stockholders' equity have increased by $770,000, which would have resulted in total stockholders' equity of $4,161,000 as of March 31, 1997. The proforma financial information attached to this Current Report on Form 8-K clarifies the reduction in the Preferred Stock and increase in Common Stock and stockholders' equity and evidences the Company's continued compliance with Nasdaq's listing requirements. Item 7. Financial Statements and Exhibits. --------------------------------- (a) Financial statements of business acquired. Not applicable. (b) Pro forma financial information. Not applicable. (c) Exhibits. 15.1 Proforma Financial Information -2- 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. Dated: June 11, 1997 PARADIGM TECHNOLOGY, INC. By /S/ DAVID G. CAMPBELL ---------------------------- David G. Campbell Chief Financial Officer -3- EXHIBIT INDEX ------------- Exhibit No. Description ----------- ----------- 15.1 Proforma Financial Information -4- EX-15.1 2 CONDENSED BALANCE SHEET EXHIBIT 15.1 PARADIGM TECHNOLOGY, INC. CONDENSED BALANCE SHEET (Unaudited)
Proforma 1st Quarter 1997 -------------- (in thousands) Assets: Cash and Short-term Investments.............. $ 1,355 Accounts Receivable, net..................... 2,817 Inventory.................................... 3,637 Other Current Assets......................... 1,652 ------------------ Total Current Assets...................... 9,461 ------------------ Property and Equipment, net.................. 6,122 Other Assets................................. 138 ------------------ Total Assets.............................. $ 15,721 ================== Liabilities and Stockholders' Equity: Line of Credit............................... $ 1,945 Current Portion, Long-term Debt.............. 285 Accounts Payable and Other Accrued Liabilities 7,839 ------------------ Total Current Liabilities................. 10,069 ------------------ Long-term Debt............................... 54 Deferred Rent................................ 6 Total Liabilities......................... 10,129 ------------------ Convertible Redeemable Preferred Stock....... 1,431 Common Stock................................. 37,125 Retained Earnings (Deficit).................. (32,964) ------------------ Total Stockholders' Equity 4,161 ------------------ Total Liabilities and Stockholders' Equity $ 15,721 ==================
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