SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 29549 ------------ FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) of the SECURITIES EXCHANGE ACT OF 1934 Date of Report January 22, 1996 DOCUCON, INCORPORATED (Exact name of registrant as specified in charter) DELAWARE 1-10185 74-2418590 (State or other jurisdiction (Commission (IRS employer of incorporation) file number) identification no.) 7461 CALLAGHAN RD., SAN ANTONIO, TEXAS 78230 (Address of principal executive offices) (Zip Code) (210) 525-9221 (Registrant's telephone number, including area code) ITEM 5 The Company announced that it was granted an exception to the NASDAQ bid price requirement on January 17, 1996. NASDAQ indicated that the Company may achieve compliance with NASDAQ listing requirements if the bid price of its common stock remains at or above $1 for ten consecutive trading days or when it presents NASDAQ with financial statements evidencing the Company's compliance with the alternative capital and surplus requirement of $2,000,000. Fourth quarter earnings (unaudited) of $283,000 and equity contributions of $32,000 from the Employee Stock Purchase Plan resulted in a capital and surplus balance in excess of $2,000,000. An unaudited balance sheet reflecting those results is filed as an exhibit to this Form 8-K. That balance sheet indicates that the NASDAQ minimum standards have been achieved by the Company. As of the date of this filing, the Company is requesting that NASDAQ accept the Company's compliance with the listing requirements. Until that time, the Company's securities will be traded under the symbol DOCUC. ITEM 7 The unaudited balance sheet as of December 31, 1995 is filed herewith as Exhibit 1. EXHIBIT INDEX Exhibit No Description - ----------- ----------- 1 -- Unaudited balance sheet as of December 31, 1995 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report on Form 8-K to be signed on its behalf by the undersigned thereunto duly authorized. Docucon, Incorporated (Registrant) Date: January 23, 1996 By EDWARD P. GISTARO Edward P. Gistaro Chief Executive Officer