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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 and Exchange Act of 1934
September 30, 1997
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Date of Report
ALYDAAR SOFTWARE CORPORATION
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(Exact name of registrant as specified in its charter)
0-22325
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(Commission File Number)
North Carolina 87-0399301
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(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
2101 Rexford Road, Suite 250 West, Charlotte, NC 28211
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(Address of principal executive offices) (Zip Code)
704-365-2324
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(Registrants telephone number, including area code)
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Item 9. Sales of Equity Securities Pursuant to Regulation S.
On September 30, 1997, the Registrant sold a total of 150,000 shares
of Common Stock at $15.00 per share, for an aggregate of $2,250,000 to
one offshore investor, Securities Trading SA, pursuant to Regulation S
of the Securities Act of 1933, as amended. No underwriter was involved
in connection with such issuance and no brokerage or underwriting fees
or commissions were paid.
Signatures
Pursuant to the requirements of the Securities and Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
ALYDAAR SOFTWARE CORPORATION
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(Registrant)
/s/ V. Hollis Scott
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(Signature)
V. Hollis Scott
Chief Financial Officer
Date: October 14, 1997
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