UNITED STATES
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 (Date of Earliest Event Reported):
April 20, 2000 (April 19, 2000)
NAM CORPORATION
(Exact Name of Registrant as Specified in Charter)
Delaware 0-21419 25-2753988
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(State or Other Jurisdiction (Commission File Number) (I.R.S. Employer
of Incorporation) Identification No.)
1010 Northern Boulevard
Great Neck, New York 11021
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (516) 829-4343
Index to Current Report on Form 8-K
of NAM Corporation
April 20, 2000
Item Page
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Item 5. Other Events 3
Signatures 4
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Item 5. Other Events.
On April 19, 2000, NAM Corporation (the "Company") announced the
extension of its March 1998 Purchase Plan (the "Plan"), pursuant to which the
number of shares of Common Stock of the Company eligible for purchase under the
Plan remained at an aggregate of 600,000 shares (the "Shares"). No purchases of
Common Stock under the Plan have been made to date. The Plan is subject to and
in compliance with the provisions and limitations of Rule 10b-18 promulgated
under Section 10(b) of the Securities Exchange Act of 1934, as amended.
Purchases, if any, may be made from time to time in open market transactions at
prevailing market prices until the earlier of all of the Shares being purchased
or March 25, 2001, which is the expiration date of the Plan. Purchases may
commence at any time and may be discontinued at any time during the term of the
Plan without purchasing any of the Shares and without notice. The Company will
not solicit the purchase of any of its Common Stock or otherwise tender for the
purchase of any of its Common Stock. The source of funds for the purchase of the
Shares will be from the Company's general corporate funds, and any Shares
purchased will be held in treasury.
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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 hereunto duly authorized.
NAM CORPORATION
By: /s/ Roy Israel
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Name: Roy Israel
Title: Chief Executive Officer and President
By: /s/ Patricia Giuliani-Rheaume
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Name: Patricia Giuliani-Rheaume
Title: Chief Financial Officer and Vice President
Date: April 20, 2000
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