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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
August 15, 2000
Date of Report (Date of earliest event reported)
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FREEREALTIME.COM, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 000-27493 33-0881720
(State or other Jurisdiction (Commission File Number) (IRS Employer
of Incorporation) Identification Number)
3333 MICHELSON DRIVE, SUITE 430 92612
IRVINE, CALIFORNIA (Zip Code)
(Address of principal
executive offices)
(949) 833-2959
(Registrant's telephone number, including area code)
N/A
(Former Name or Former Address, if Changed Since Last Report)
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ITEM 5. OTHER EVENTS.
On August 15, 2000, Freerealtime.com, Inc., a Delaware corporation
("Freerealtime"), issued and sold 3,810,367 shares of its common stock $ 0.01
par value per share (the "Common Stock"), at a purchase price of $2.625 per
share, to select institutional and accredited investors in a private placement.
The aggregate proceeds of the private placement was $10,002,213 in cash.
Copies of the Subscription and Share Purchase Agreement dated as of
August 15, 2000 (the "Purchase Agreement") and the Investors Rights Agreement
dated as of August 15, 2000 (the "Rights Agreement"), excluding the schedules
and exhibits thereto, are filed herewith as Exhibit 10.1 and Exhibit 10.2,
respectively.
ITEM 7(c). EXHIBITS.
See Exhibit Index.
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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.
Freerealtime.com, Inc.
Date: August 28, 2000 By: /s/ Michael Neufeld
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Michael Neufeld
Chief Financial Officer
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EXHIBIT INDEX
Exhibit No. Description
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10.1 Subscription and Share Purchase Agreement dated as of
August 15, 2000, by and among Freerealtime.com, Inc., a
Delaware corporation, and each of the Investors listed
therein.
10.2 Investor Rights Agreement dated as of August 15, 2000,
by and among Freerealtime.com., a Delaware corporation,
and each of the Investors listed therein.
99.1 Press release dated August 16, 2000