SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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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) June 12, 2001
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Productivity Technologies Corp.
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(Exact Name of Registrant as Specified in Charter)
Delaware 0-24242 13-3764753
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(State or Other Jurisdiction (Commission File (IRS Employer
of Incorporation) Number) Identification No.)
201 South Main Street, 8th Floor, Ann Arbor, Michigan 48104 48104
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (734) 996-1700
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N/A
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(Former Name or Former Address, if Changed Since Last Report)
Item 5. Other Events
On June 12, 2001, the Registrant entered into an amendment
("Amendment") to the Warrant Agreement, dated as of June 24, 1994, between the
Registrant and Continental Stock Transfer & Trust Company. Pursuant to the
Amendment, the Registrant elected to extend the expiration date of the
Registrant's Redeemable Common Stock Purchase Warrants ("Warrants") from June
24, 2001 to 5:00 p.m., New York time, on December 24, 2001. All of the other
terms and conditions of the Warrants remain the same. Holders are not required
to exchange their outstanding Warrant Certificates for new certificates.
The Registrant's press release announcing and describing the extension
is attached hereto as Exhibit 99.1 and is hereby incorporated herein by
reference.
Item 7. Financial Statements, Pro Forma Financial Statements and Exhibits
(c) Exhibits
Exhibit Number Description
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99.1 Press Release dated June 13, 2001
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.
Dated: June 12, 2001 PRODUCTIVITY TECHNOLOGIES CORP.
By: /s/ Samuel N. Seidman
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Samuel N. Seidman
President
EXHIBIT INDEX
Exhibit Number Description
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99.1 Press Release dated June 13, 2001