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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) - January 30, 1997
FLORIDA PANTHERS HOLDINGS, INC.
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(Exact Name of Registrant as Specified in Charter)
Florida 0-21435 65-0676005
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(State or Other Jurisdiction (Commission (IRS Employer or
of Incorporation) File Number) Identification No.)
100 Northeast Third Avenue, Second Floor, Fort Lauderdale, FL 33301
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(Address of Principal Executive Offices) (Zip Code)
(Registrant's Telephone Number, Including Area Code) (954) 768-1900
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Not Applicable
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(Former Name or Former Address; if Changed Since Last Report)
Page 1 of 4 pages.
Exhibit Index at Page 2.
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Item 5. Other Events.
On January 28, 1997, Florida Panthers Holdings, Inc. (the "Company")
accepted subscriptions from certain institutional investors in connection with a
private placement of 2,460,000 shares of the Company's Class A Common Stock (the
"Private Placement"). The Private Placement, which was exempt from registration
pursuant to Section 4(2) of the Securities Act of 1933, as amended, was
consummated on January 30, 1997. The per share purchase price was $27.75,
resulting in gross proceeds in the amount of $68,265,000. After payment of
placement agency fees and other expenses, net proceeds to the Company were
approximately $66,976,550.
Item 7. Financial Statement and Exhibits
(c) Exhibits.
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Sequential
Exhibit No. Description Page Number
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99 Press Release dated January 28, 1997.
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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 hereunto duly authorized.
FLORIDA PANTHERS HOLDINGS, INC.
February 18, 1997
By: /s/ Steven M. Dauria
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Steven M. Dauria
Vice President and Chief Financial Officer
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EXHIBIT 99
FLORIDA PANTHERS HOLDINGS RAISES $68 MILLION IN PRIVATE PLACEMENT
Ft. Lauderdale, Florida (January 28, 1997) -- Florida Panthers
Holdings, Inc. (NASDAQ: PUCK) announced today that it has accepted subscriptions
from certain institutional investors in connection with a private placement
transaction for the sale of 2.46 million shares of its Class A Common Stock, at
a purchase price of $27.75 per share, for an aggregate amount of $68,265
million. Proceeds from this sale will be used for general corporate purposes.
The securities offered in this transaction were not registered under
the Securities Act of 1933 and may not be offered or sold in the United States
absent registration under the Act or an applicable exemption therefrom. This
release does not constitute an offer to sell or the solicitation of an offer to
buy common stock of Florida Panthers Holdings.
Florida Panthers Holdings, Inc. owns the Florida Panthers Hockey Club,
the Arena Development and Arena Operating companies and an interest in the
Miami Arena; and has a pending acquisition of the Hyatt Pier 66 and Radisson
Bahia Mar resort hotels and marinas and Incredible Ice, a state-of-the-art
skating facility.
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