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): July 30, 2003
Verticalnet, Inc. | ||||
(Exact name of Registrant as Specified in Charter) | ||||
Pennsylvania | 000-25269 | 23-2815834 | ||
(State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||
400 Chester Field Parkway, Malvern, PA | 19355 | |||
(Address of principal executive offices) | Zip Code | |||
Registrants telephone, including area code: (610) 240-0600 | ||||
(Former name and former address, if changed since last report) |
ITEM 5. OTHER EVENTS.
On July 30, 2003, Verticalnet, Inc. (Verticalnet) issued a press release disclosing Verticalnets repurchase of $6.4 million of its 5¼% convertible subordinated debentures due September 2004. A copy of Verticalnets press release is attached hereto as Exhibit 99.1 and hereby incorporated by reference.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIALS AND EXHIBITS.
The information contained in the attached exhibits is unaudited and should be read in conjunction with Verticalnets quarterly and annual reports filed with the Securities and Exchange Commission.
(c) Exhibits.
The following are included as exhibits to this report furnished under Item 12:
99.1 |
Press Release dated July 30, 2003 issued by Verticalnet, Inc. | |
99.2 |
Pro Forma Shareholders Equity (Deficit) Unaudited As of June 30, 2003 |
ITEM | 9. REGULATION FD DISCLOSURE (including information provided under Item 12, |
Results | of Operations and Financial Condition) |
The following information is furnished under Item 9. Regulation FD Disclosure and Item 12. Results of Operations and Financial Condition.
On July 30, 2003, Verticalnet issued a press release setting forth Verticalnets expected financial results for the quarter ended June 30, 2003. A copy of Verticalnets press release is attached hereto as Exhibit 99.1 and hereby incorporated by reference.
Verticalnet has provided unaudited pro forma shareholders equity (deficit) because Verticalnet believes this presentation is helpful to investors in understanding the effect of Verticalnets repurchase of $6.4 million of its 5¼% convertible subordinated debentures due September 2004, as described in Item 5 above. The pro forma presentation demonstrates the effect on Verticalnets shareholders equity as if this subsequent event had occurred on June 30, 2003. A copy of the pro forma is attached hereto as Exhibit 99.2 and hereby incorporated by reference.
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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.
VERTICALNET, INC. | ||||||||
Date: July 31, 2003 |
By: | /S/ GENE S. GODICK | ||||||
Name: Gene S. Godick Title: ExecutiveVice Presidentand Chief Financial Officer |
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EXHIBIT INDEX
Exhibit No. |
Description of Exhibit | |
99.1 |
Press Release, dated July 30, 2003 issued by Verticalnet, Inc. | |
99.2 |
Pro Forma Shareholders Equity (Deficit) UnauditedAs of June 30, 2003 |