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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):
March 27, 1998 (March 25, 1998)
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
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (516) 829-4343
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Index to Current Report on Form 8-K
of NAM Corporation
March 27, 1998
Item Page
Item 5. Other Events 3
Signatures 4
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Item 5. Other Events.
On March 25, 1998, NAM Corporation announced its intention to acquire,
in open market transactions, up to 300,000 shares of its Common Stock subject to
and in compliance with the provisions and limitations of Rule 10b-18 of the
Securities Exchange Act of 1934. Purchases, if any, may be made from time to
time at prevailing market prices during the one year period commencing on March
26, 1998. Purchases may commence at any time after such date and may be
discontinued at any time during the one year period without purchasing all of
the 300,000 shares. 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 any 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: March 27, 1998