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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
April 16, 1998
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Date of Report (Date of earliest event reported)
IGI, INC.
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(Exact Name of Registrant as Specified in its Charter)
DELAWARE 1-8568 01-0355758
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(State or Other (Commission (IRS Employer
Jurisdiction of File Number) Identification
Incorporation) Number)
WHEAT ROAD AND
LINCOLN AVENUE
BUENA, NJ 08310
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(Address of Principal Executive Offices,
Including Zip Code)
(609) 697-1441
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(Registrant's telephone number,
including area code)
NOT APPLICABLE
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(Former name or Former Address,
if Changed Since last Report)
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Item 5. Other Events
On April 16, 1998, the Company announced that the filing of its 1997 annual
report on Form 10-K continues to be delayed because the investigation, by
special counsel engaged by the Board of Directors, of information which may have
a material impact on the Company's financial reporting for 1997 and prior
periods remains ongoing. Accordingly, the Company cannot complete the procedures
it deems necessary to prepare its 1997 financial statements.
The Company also announced that it has made extensive changes in its management
team following regulatory compliance actions brought by the United States
Department of Agriculture.
The foregoing description of events is qualified by the Press Release dated
April 16, 1998, which is filed as Exhibit 99 to this Current Report on Form 8-K
and incorporated herein by reference.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
(a) and (b) N/A
(b) Exhibits: The following exhibits are filed with this report:
Exhibit No. Description
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99 Press Release dated April 16, 1998
SIGNATURES
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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.
IGI, INC.
Date: April 16, 1998 By: /s/ Kevin J. Bratton
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Kevin J. Bratton
Vice President and Treasurer
EXHIBIT INDEX
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Exhibit No Description
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99 Press Release dated April 16, 1998