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FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) November 6, 1996
DIGITAL VIDEO SYSTEMS, INC.
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation)
0-28472 77-0333728
(Commission File Number) (I.R.S. Employer Identification No.)
2710 Walsh Avenue
Santa Clara, California 95051 95051
(Address of principal (Zip Code)
executive offices)
(408) 748-2100
Registrant's telephone number, including area code
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Item 5. Other Events
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On November 6, 1996, Digital Video Systems, Inc. (the "Registrant")
announced that it had filed a registration statement with the Securities and
Exchange Commission for a secondary public offering (the "Secondary Offering")
of $26,450,000 (which includes an over-allotment option) of its securities
consisting of units of common stock and warrants.
On November 25, 1996, the Registrant announced that its registration
statement for the Secondary Offering had been declared effective on November 21,
1996 by the Securities and Exchange Commission.
Item 7. Financial Statements and Exhibits
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(c) Exhibits
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The exhibits listed below are filed as part of this Current Report.
Exhibit No. Description of Exhibit
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99.1 Press Release of Registrant dated November 6, 1996.
99.2 Press Release of Registrant dated November 25, 1996.
2.
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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.
DIGITAL VIDEO SYSTEMS, INC.
Date: November 22, 1996 By: /s/ Arvin S. Erickson
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Arvin S. Erickson
Chief Financial Officer
3.
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EXHIBIT INDEX
The exhibits listed below are filed as part of this Current Report.
Exhibit No. Description of Exhibit
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99.1 Press Release of Registrant dated November 6, 1996.
99.2 Press Release of Registrant dated November 25, 1996.
4.
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Exhibit 99.1
DIGITAL VIDEO SYSTEMS, INC. FILES REGISTRATION STATEMENT
SANTA CLARA, CALIF. NOV. 6, 1996 -- DIGITAL VIDEO SYSTEMS, INC. (NASDAQ:
DVID) today announced that it has filed a registration statement with the
Securities and Exchange Commission for a secondary public offering of
$26,450,000 (which includes an over-allotment option) of its securities
consisting of units of common stock and warrants. D.H. Blair Investment Banking
Corp. is the underwriter of the offering.
A registration statement relating to the Units has been filed with the
Securities and Exchange Commission, but has not yet become effective. These
securities may not be sold nor may offers to buy be accepted prior to the time
the registration statement becomes effective. This press release shall not
constitute an offer to sell or solicitation of an offer to buy nor shall there
be any sale of these securities in any state in which such offer, solicitation
or sale would be unlawful prior to registration or qualification under the
securities laws of any such state.
A written prospectus relating to the offer or sale of the Units may be
obtained from D.H. Blair Investment Banking Corp., 44 Wall Street, New York, New
York.
Digital Video Systems develops, manufactures and markets digital video
compression and decompression hardware and software for entertainment, business
and educational uses.
5.
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Exhibit 99.2
DIGITAL VIDEO SYSTEMS, INC. REGISTRATION STATEMENT DECLARED EFFECTIVE
SANTA CLARA, CALIF. -- NOVEMBER 25, 1996 -- DIGITAL VIDEO SYSTEMS, INC.
(NASDAQ: DVID) today announced that its registration statement for a secondary
public offering of $26,450,000 (which includes an over-allotment option) of its
securities consisting of units ("Units") of common stock and warrants was
declared effective on November 21, 1996 by the Securities and Exchange
Commission. The units are being offered at an initial price to the public of
$1,000 per Unit. D.H. Blair Investment Banking Corp. is the underwriter of the
offering.
A written prospectus relating to the offer or sale of the Units may be
obtained from D.H. Blair Investment Banking Corp., 44 Wall Street, New York, New
York.
Digital Video Systems develops, manufactures and markets digital video
compression and decompression hardware and software for entertainment, business
and educational uses.
6.
