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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549
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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):
MARCH 2, 2000
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EN POINTE TECHNOLOGIES, INC
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
COMMISSION FILE NUMBER 000-28052
DELAWARE NUMBER: 75-2467002
(STATE OR OTHER JURISDICTION OF I.R.S. EMPLOYER I. D.
INCORPORATION OR ORGANIZATION)
100 N. SEPULVEDA BLVD., 19TH FLOOR
EL SEGUNDO, CALIFORNIA 90245
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
(310) 725-5200
(REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE)
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ITEM 5. Other Events.
The Company announces that its web procurement business-to-business
subsidiary, SupplyAccess, Inc., recently completed an initial funding of a
private placement of Series A preferred stock in the gross amount of $18
million. Such funding resulted in the sale of 12 million shares of preferred
stock at $1.50 per share, representing 46.1% of the total 26 million shares of
outstanding stock. With the conclusion of this sale, the Company's ownership in
SupplyAccess, Inc. is 53.9%.
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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.
EN POINTE TECHNOLOGIES, INC.
Date: March 2, 2000
/s/ Javed Latif
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By: Javed Latif, Chief Financial Officer