SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For December 17, 2003
BONSO ELECTRONICS INTERNATIONAL INC.
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(Translation of Registrant's name into English)
Unit 1106-1110, 11/F., Star House 3 Salisbury Road,
Tsimshatsui Kowloon, Hong Kong
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(Address of principal executive offices)
[Indicate by check mark whether the Registrant files or will file annual reports
under cover of Form 20-F or Form 40-F.]
Form 20-F [X] Form 40-F [ ]
[Indicate by check mark whether the Registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.]
Yes [ ] No [X]
Bonso Electronics International Inc. Extends the Exercise Date and Reprices
Outstanding Warrants
HONG KONG, December 17, 2003/PRNewswire-FirstCall/ -- Bonso Electronics
International, Inc. (Nasdaq: BNSO-News and BNSOZ-News) / - Bonso Electronics
International Inc. (the "Company") today announced an amendment to the terms of
outstanding warrants (the "warrants") to purchase shares of the Company's common
stock. The expiration date of the warrants was extended from December 31, 2003
until February 13, 2004. The warrants will now expire at 2:00 PM (Pacific Time)
February 13, 2004. In addition to extension of the warrants, the Company's Board
of Directors approved changes to the exercise price of the warrants The exercise
price of the warrants was reduced from $17.50 to $8.25. Each two warrants are
exercisable to now purchase one share of our common stock at an exercise price
of $8.25. No other term or condition relating to the warrants or their exercise
was amended.
The warrants, which were a dividend to holders of record on January 19,
2000. Holders of the warrants will be notified by mail and provided with the
details of the changes.
"We have made the adjustments to our publicly traded warrants as part of
our overall financing strategy," said Anthony So, Bonso's President and CEO.
This press release does not constitute an offer to sell or a solicitation
of an offer to purchase securities and is qualified in its entirety by the more
detailed information set forth in the Sticker Supplement to the Company's
Prospectus filed with the Securities and Exchange Commission on December 17,
2003.
About Bonso Electronics
Headquartered in Hong Kong, Bonso Electronics designs, develops,
manufactures, assembles and markets a comprehensive line of telecommunications
products, electronic scales and weighing instruments. Bonso products are
manufactured in the People's Republic of China with customers primarily located
in North America and Europe. Company services include product design and
prototyping, production tooling, procurement of components, total quality
management, and just-in-time delivery. For further information, visit the
company's web site at www.bonso.com.
The statements contained in the press release, which are not historical
fact are forward-Looking statements that involve certain risks and uncertainties
including, but not limited to, risks associated with the uncertainty of future
financial results, seasonality of sales of certain products, additional
financing requirements, development of new products, government approval
processes, the impact of competitive products or pricing, technological changes,
currency fluctuations, estimates of market growth, the effect of economic
conditions and other uncertainties detailed in the company's filings with the
United States Securities and Exchange Commission.
USA Contact:
George O'Leary
Tel: 949-760-9611
Fax: 949-760-9607
Hong Kong Contact:
Cathy Pang
Tel: 852-2605-5822
Fax: 852-2691-1724
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, thereunto duly authorized.
BONSO ELECTRONICS INTERNATIONAL, INC.
(Registrant)
Date: December 17, 2003 By: /s/ Henry F. Schlueter
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Henry F. Schlueter, Assistant Secretary