Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
April 2, 2001
Illinois Superconductor Corporation
Delaware |
0-22302
|
36-3688459 |
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(State or other jurisdiction of incorporation) |
(Commission File Number)
|
(IRS Employer Identification No.) |
451 Kingston Court, Mt. Prospect, Illinois |
60056 | |||
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|
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(Address of principal executive offices) |
(Zip Code) |
(847) 391-9400
| SIGNATURE | ||||||||
| EXHIBIT INDEX | ||||||||
| Press Release | ||||||||
Item 5. Other Events.
1. On April 2, 2001, Illinois Superconductor Corporation issued a press release announcing that a previously disclosed settlement of shareholder litigation was approved by the court on March 30, 2001, which will result in the Company receiving $15 million, less legal fees. A copy of the April 2, 2001 press release is attached hereto as Exhibit 99.1.
Item 7. Financial Statements and Exhibits.
Items (a) and (b) are inapplicable.
| (c) | Exhibits. |
| 99.1 | Press Release issued by Illinois Superconductor Corporation on April 2, 2001, announcing that a previously disclosed settlement of shareholder litigation was approved by the court on March 30, 2001, which will result in the Company receiving $15 million, less legal fees. |
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.
ILLINOIS SUPERCONDUCTOR CORPORATION |
|
By: /s/ Charles Willes |
|
Charles Willes, Chief Financial Officer |
Dated: April 5, 2001
EXHIBIT INDEX
| Exhibit No. | Description | ||
99.1 |
Press Release issued by Illinois Superconductor Corporation on April 2, 2001, announcing that a previously disclosed settlement of shareholder litigation was approved by the court on March 30, 2001, which will result in the Company receiving $15 million, less legal fees. |