UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): April 8, 2004
Escalon Medical Corp.
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(Exact name of registrant as specified in its charter)
Pennsylvania 0-20127 33-0272839
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(State or other jurisdiction (IRS employer
of incorporation) (Commission file number) identification no.)
575 East Swedesford Road, Suite 100
Wayne, Pennsylvania 19087
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(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code: (610) 688-6830
N/A
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(Former name or former address, if changed since last report)
Item 5. Other Events and Regulation FD Disclosure.
On April 8, 2004, we issued a press release announcing our intention
to make an exchange offer for the shares of Drew Scientific Group PLC ("Drew").
We intend to offer 0.0048 shares of our common stock in exchange for each
ordinary share of Drew that is validly tendered. The exchange offer values each
Drew share at (pound)0.06 (approximately $0.11) based on the closing price of
$23.25 per share of our common stock on April 7, 2004. A copy of the press
release is attached as an exhibit to this Form 8-K current report.
Item 7. Financial Statements and Exhibits.
(c) Exhibits.
The following exhibit is filed herewith:
Exhibit No. Description
99.1 Press release issued by Escalon Medical Corp.
dated April 8, 2004
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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.
ESCALON MEDICAL CORP.
Date: April 8, 2004 By: /s/ Richard J. DePiano
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Richard J. DePiano
Chairman and
Chief Executive Officer
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EXHIBIT INDEX
Exhibit
Number Description
99.1 Press release dated April 8, 2004 issued by the Company.