1
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) July 18, 1997
-------------------------------
AMERICAN ARCHITECTURAL PRODUCTS CORPORATION
- -------------------------------------------------------------------------------
(Exact name of registrant as specified in its charter)
Delaware 0-25634 87-0365268
- -------------------------------------------------------------------------------
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number Identification No.)
755 Boardman-Canfield Road, Building G West, Boardman, Ohio 44512
- -------------------------------------------------------------------------------
(Address of principal executive offices) (Zip Code)
Registrants telephone number, including area code (330) 965-9910
----------------------------
Not applicable.
- -------------------------------------------------------------------------------
(Former name or former address, if changed since last report.)
2
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
On July 18, 1997, American Architectural Products Corporation, a Delaware
corporation (the "Company"), acquired all of the issued and outstanding common
stock of Thermetic Glass, Inc. ("Thermetic"). The primary business of Thermetic
is the manufacture and distribution of new construction and replacement vinyl
door and window products. The aggregate consideration paid by the Company to
the former shareholders of Thermetic consisted of the following: (a) 384,000
shares of the Company's common stock; (b) $100,000 in cash; (c) $2,500,000 in
convertible debentures of the Company; and (d) a commitment to issue an
aggregate number of additional shares of the Company's common stock, eighteen
(18) months after closing, having a fair market value of $1,000,000 at that
time.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(a) Financial Statements of Businesses Acquired.
Pursuant to Item 7(a)(4)of Form 8-K, any required financial statements of
Thermetic, and any required pro forma financial information, will be filed
pursuant to an amendment to this Form 8-K as soon as practicable (but not
later than 60 days following the date on which this report was required to
have been filed).
(b) Pro Forma Financial Information.
See (a) above.
(c) Exhibits.
None.
2
3
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of
1934, as amended, the registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.
AMERICAN ARCHITECTURAL
PRODUCTS CORPORATION
Date: August 1, 1997 By /s/ Frank J. Amedia
------------------------------------
Frank J. Amedia
President and Chief Executive
Officer