SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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) - January 11, 1996
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AMERICAN ELECTROMEDICS CORP.
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(Exact name of registrant as specified in its charter)
Delaware 0-9922 04-2608713
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(State or other (Commission File (IRS Employer
jurisdiction of Number) Identification No.)
Incorporation)
13 Columbia Drive, Suite 18, Amherst, New Hampshire 03031
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(Address of principal executive offices) (zip code)
Registrant's telephone number, including area code - (603) 880 - 6300
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N/A
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(Former Name or Former Address, if changed since last report)
Page 1 of 15 Pages
Exhibit Index on Page 2
Item 5. OTHER EVENTS.
On January 11, 1996, American Electromedics Corp.
("AECO") purchased from Andy Rosch a fifty percent interest in
Rosch GmbH Medizintechnik ("Rosch GmbH"), paying $500,000 and
issuing 500,000 shares of AECO Common Stock, $.10 par value. Mr.
Rosch, who then owned 100% of Rosch GmbH, will continue as
managing director of Rosch GmbH. AECO and Rosch have entered
into a Shareholders Agreement that gives AECO a joint role in
major corporate and management decisions on behalf of Rosch GmbH.
Rosch GmbH is a marketing and distribution company
based in Berlin Germany specializing in the distribution of
healthcare products, including AECO products, to primary care
physicians throughout Europe. In January 1996, Rosch GmbH sold
its exclusive distributorship rights for a manufacturer's ear,
nose and throat ("ENT") line of products in order to concentrate
on AECO's products as well as other healthcare products. The ENT
products had accounted for a substantial amount of Rosch GmbH's
revenues in 1995.
AECO has been manufacturing products under the Rosch
GmbH label for distribution by Rosch GmbH since 1992. AECO made
the investment in Rosch GmbH in order to maintain and to expand
the distribution of its existing product line throughout the
European Community, and to seek opportunities which may arise out
of the relationship with Rosch GmbH.
Item 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits:
Page
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1. Stock Purchase Agreement, dated as of 4
January 11, 1996, by and between American
Electromedics Corp. and Andy Rosch.
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.
American Electromedics Corp.
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(Registrant)
By: /s/ Michael T. Pieniazek
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Michael T. Pieniazek
Chief Financial Officer
January 26, 1996
EXHIBIT INDEX
Exhibit
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1 Stock Purchase Agreement, dated
January 11, 1996, by and between
American Electromedics Corp. and
Andy Rosch