Form: 8-K

Current report filing

March 21, 2001

Documents

8-K: Current report filing

Published on March 21, 2001


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 13, 2001




LECTEC CORPORATION
(Exact name of registrant as specified in its charter)


Minnesota 0-16159 41-1301878
(State or other jurisdiction of (Commission file number) (I.R.S. Employer
incorporation) Identification No.)



10701 Red Circle Drive, Minnetonka, Minnesota 55343
(Address of principal executive offices)


Registrant's telephone number, including area code: (952) 933-2291



Item 5. Other Events.

On March 13, 2001, LecTec Corporation ("LecTec") entered into, and
simultaneously closed the transactions contemplated by, an asset purchase
agreement with The National Medical Products Co. Ltd. ("NMP"),pursuant to
which NMP purchased certain assets of LecTec related to the manufacture of
medical tape products. Under the agreement, LecTec received $700,000 in
cash.

The foregoing is a summary of certain terms and conditions and is not
intended to be complete. The press release filed as Exhibit 99 to this
Form 8-K is hereby incorporated herein by reference.


Item 7. Financial Statements and Exhibits.

(c) Exhibits

Exhibit Description of Exhibit
------- ----------------------

99 Press release dated March 21, 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.

Date: March 21, 2001



LECTEC CORPORATION

/s/Douglas J. Nesbit
----------------------------------------
Douglas J. Nesbit
Chief Financial Officer



EXHIBIT INDEX

Exhibit Description of Exhibit
- ------- ----------------------

99 Press release dated March 21, 2001