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 2, 2001
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SYMPHONIX DEVICES, INC.
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(Exact name of registrant as specified in its charter)
Delaware 000-23767 77-0376250
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
2331 Zanker Road, San Jose, California 95131-1107
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (408) 232-0710
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(Former name or former address, if changed since last report)
Item 5. Other Events
On July 2, 2001, Symphonix Devices, Inc. disseminated a press release announcing
that stockholders who entered into the Common Stock Purchase Agreement dated
September 18, 2000 with Symphonix have exercised their right to a one-time
adjustment to the purchase price under the agreement. The press release is
attached to this Report as Exhibit 99.1 and is incorporated herein by reference.
As indicated in the press release, the effect of the price adjustment is to
increase the number of shares of common stock issued to the investors under the
agreement from 6.4 million to 20.7 million, at no additional cost to the
investors. As a result, the shares of common stock outstanding will increase
from approximately 21.0 million shares to approximately 35.4 million shares, and
the investors will own approximately 58% of the outstanding shares of Symphonix
common stock.
Item 7. Financial Statements and Exhibits
(c) Exhibits
99.1 Press release dated July 2, 2001.
SIGNATURE
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.
SYMPHONIX DEVICES, INC.
/S/ Kirk B. Davis
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Kirk B. Davis
President and Chief Executive Officer
Date: July 2, 2001
Exhibit Index
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Exhibit No.
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99.1 Press Release dated July 2, 2001
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