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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
Date of Report (Date of Earliest Event Reported):
March 23, 1998
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AMERICAN SUPERCONDUCTOR CORPORATION
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(Exact Name of Registrant as Specified in its Charter)
Delaware
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State or Other Jurisdiction of Incorporation)
0-19672 04-2959321
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(Commission File Number) (IRS Employer Identification No.)
Two Technology Drive, Westborough, MA 01581
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(Address of principal executive offices) (Zip Code)
(508) 836-4200
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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
With the Form 10-Q for the quarter ended December 31, 1997 filed with the
Securities and Exchange Commission (the "Commission") on February 13, 1998,
American Superconductor Corporation (the "Company") adopted Financial Accounting
Standard ("FAS") No. 128 relating to Earnings Per Share. Additionally, in
connection with the April 8, 1997 merger of a subsidiary of the Company into
Superconductivity, Inc., a Delaware corporation ("SI"), accounted for as a
pooling of interests, the Company prepared restated financial statements
reflecting such pooling of interests transaction. These consolidated financial
statements were filed by the Company with the Commission on Form 8-K filed on
September 5, 1997. The adoption of FAS No. 128 and the consolidated financial
statements reflecting the pooling of interests transaction both constitute a
restatement of the Company's financial statements.
Item 601(c)(2)(iii) of Regulation S-K requires the Company to file restated
Financial Data Schedules for all periods affected by the restatement of the
Company's financial statements and accordingly, the Company is filing restated
Financial Data Schedules for the appropriate periods herewith.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits:
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27.1 Restated Financial Data Schedule for Form 10-Q
for the period ended June 30, 1996
27.2 Restated Financial Data Schedule for Form 10-Q
for the period ended September 30, 1996
27.3 Restated Financial Data Schedule for Form 10-Q
for the period ended December 31, 1996
27.4 Restated Financial Data Schedule for Form 10-Q
for the period ended June 30, 1997
27.5 Restated Financial Data Schedule for Form 10-K
for the period ended March 31, 1997 and for
Form 8-K filed September 5, 1997
27.6 Restated Financial Data Schedule for Form 10-Q
for the period ended September 30, 1997
27.7 Restated Financial Data Schedule for Form 10-Q
for the period ended December 31, 1997
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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.
Date: March 23, 1998 AMERICAN SUPERCONDUCTOR
CORPORATION
By: /s/ Gregory J. Yurek
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Gregory J. Yurek
President and
Chief Executive Officer
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Exhibit Index
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Exhibit
Number Title Page
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27.1 Restated Financial Data Schedule for Form 10-Q
for the period ended June 30, 1996
27.2 Restated Financial Data Schedule for Form 10-Q
for the period ended September 30, 1996
27.3 Restated Financial Data Schedule for Form 10-Q
for the period ended December 31, 1996
27.4 Restated Financial Data Schedule for Form 10-Q
for the period ended June 30, 1997
27.5 Restated Financial Data Schedule for Form 10-K
for the period ended March 31, 1997 and for
Form 8-K filed September 5, 1997
27.6 Restated Financial Data Schedule for Form 10-Q
for the period ended September 30, 1997
27.7 Restated Financial Data Schedule for Form 10-Q
for the period ended December 31, 1997