UNITED STATES
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): Commission File Number:
December 8, 2007 0-17449
PROCYON CORPORATION
----------------------------------------------------
(Exact name of Registrant as specified in its charter)
Colorado 59-3280822
-------- ----------
(State of incorporation) (I.R.S. Employer
Identification Number)
1300 S. HIGHLAND
CLEARWATER, FL 33756
727-447-2998
-----------------------------------------------------------
(Address of principal executive offices and telephone number)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 8.01 Other Events.
On December 13, 2007, Procyon Corporation (the "Company") issued a press
release announcing that the Company's board had recently approved a plan to
repurchase certain common stock. A copy of this press release is attached hereto
as Exhibit 99.1 and the information contained therein is incorporated herein by
reference.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits.
Exhibit No. Description
----------- -----------
99.1 Press release dated December 13, 2007
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.
Procyon Corporation
Date: December 13, 2007 By: /s/ Regina W. Anderson
-------------------------------
Regina W. Anderson,
Chief Executive Officer