<PAGE> 1
================================================================================
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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): June 29, 2000
Commission File No. 0-24833
FUTURELINK CORP.
--------------------------------------------------------------------------------
(Exact Name of Registrant as Specified in Its Charter)
Delaware 95-4763404
------------------------------- ------------------------------------
(State or Other Jurisdiction of (I.R.S. Employer Identification No.)
Incorporated or Organization)
100, 6 Morgan, Irvine California 92618
--------------------------------------------------------------------------------
(Address of principal executive Offices) (ZIP Code)
(949) 837-8252
--------------------------------------------------------------------------------
(Registrant's Telephone Number, Including Area Code)
Not Applicable
--------------------------------------------------------------------------------
(Former Name or Former Address, if Changed Since Last Report)
================================================================================
<PAGE> 2
ITEM 5. OTHER EVENTS
On June 29, 2000, the Company entered into a definitive agreement with
Microsoft Corporation pursuant to which Microsoft will purchase 1,428,571 shares
of FutureLink Series A Convertible Preferred Stock ("Series A Shares") for a
price per share of $7.00. We will also issue to Microsoft a warrant with a
five-year term to purchase up to 1,142,857 Series A Shares at an exercise price
of $7.00 per share. The Series A Shares provide for the voluntary and, under
certain circumstances, mandatory conversion of the Series A Shares into shares
of common stock on a one-for-one basis, subject to anti-dilution adjustments. In
addition, Microsoft will have the right to nominate one director for election to
FutureLink's Board of Directors. The Company expects to consummate the sale of
Series A Shares to Microsoft in July 2000.
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) 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.
FUTURELINK CORP.
By: /s/ Raghu Kilambi Date: June 29, 2000
--------------------------------------
Raghu Kilambi, Chief Financial Officer
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) EXHIBITS:
99.1 -- News Release of the Registrant dated June 29, 2000.
