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): September 19, 2000
BRILLIANT DIGITAL ENTERTAINMENT, INC.
(Exact Name of Registrant as Specified in Charter)
Delaware 0-21637 95-4592204
(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
6355 Topanga Canyon Boulevard, Suite 120
Woodland Hills, California 91367
(Address of Principal Executive Offices)
(818) 346-3653
(Registrant's Telephone Number)
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Item 5. OTHER EVENTS
On September 19, 2000, we closed a Securities Purchase Agreement with
eNewMedia Digital Entertainment Ltd. ("eNewMedia"), a wholly owned subsidiary of
eNewMedia Company Limited, whereby eNewMedia purchased 1,130,000 shares of our
common stock for a total consideration of $4,837,500. This transaction gives
eNewMedia approximately an 11% ownership interest in our company. A copy of the
Securities Purchase Agreement is attached to this Form 8-K as Exhibit 99.1.
Reference is also made to our press release, issued on September 20,
2000, which contains information meeting the requirements of this Item 5, and
which is incorporated herein by this reference. A copy of this press release is
attached to this Form 8-K as Exhibit 99.2.
Item 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) EXHIBITS.
99.1 Securities Purchase Agreement closed as of September 19,
2000, by and between Brilliant Digital Entertainment, Inc.,
and eNewMedia Digital Entertainment Limited.
99.2 Press Release of the Company, issued September 20, 2000,
with respect to eNewMedia's investment in the Company.
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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.
September 27, 2000 BRILLIANT DIGITAL ENTERTAINMENT, INC.
By: /S/ MICHAEL OZEN
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Michael Ozen
Chief Financial Officer
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EXHIBIT INDEX
EXHIBITS
99.1 Securities Purchase Agreement closed as of September 19, 2000, by and
between Brilliant Digital Entertainment, Inc., and eNewMedia Digital
Entertainment Limited.
99.2 Press Release of the Company, issued September 20, 2000, with respect to
eNewMedia's investment in the Company.