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): October 11, 2000
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TOWNE SERVICES, INC.
(Exact Name of Registrant
as Specified in its Charter)
Georgia 000-24695 62-1618121
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(State or Other (Commission (I.R.S. Employer
Jurisdiction of File Number) Identification No.)
Incorporation)
3950 Johns Creek Court, Suite 100, Suwanee, Georgia 30024
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (678) 475-5200
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N/A
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(Former Name or Former Address, if Changed Since Last Report)
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ITEM 5. OTHER EVENTS.
On October 11, 2000, Towne Services, Inc. issued a press release
announcing that the Nasdaq Stock Market had notified the company that it will
delist the company's common stock from trading on the Nasdaq National Market at
the opening of business on January 9, 2001 if the company fails to maintain a
minimum bid price of $1.00 for a ten consecutive trading day period before
January 8, 2001. A copy of this press release is attached as Exhibit 99.1 to
this Report and is incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(C) EXHIBITS.
99.1. Press release dated October 11, 2000.
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.
TOWNE SERVICES, INC.
By: /s/ G. Lynn Boggs
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G. Lynn Boggs
Chief Executive Officer
Dated: October 11, 2000
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EXHIBIT INDEX
Exhibit
99.1 Press Release dated October 11, 2000.
