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UNITED STATES 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: February 4, 2000
(Date of earliest event reported: January 20, 2000)
Commission File Number: 000-25835
MYPOINTS.COM, INC.
(Exact name of Registrant as specified in its charter)
Delaware 94-3255692
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(State of incorporation or organization) (IRS Employer I.D. No.)
100 California Street, 11th floor, San Francisco, California 94111
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(Address of principal executive offices)
(415) 676-3700
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(Registrant's telephone number, including area code)
Item 5. Other Events
In January 2000, MyPoints.com, Inc. acquired Alliance Development
Group, Inc. ("ADG"), a company that operates offline customer reward programs.
MyPoints.com issued an aggregate of 270,000 shares of common stock in this
transaction. Based on the value of MyPoints.com common stock at the closing of
the transaction, the aggregate purchase price was $16.2 million. MyPoints.com
expects to account for this transaction using the purchase method of accounting.
As a result, MyPoints.com expects to allocate $14.8 million of the purchase
price to intangible assets and goodwill, which we intend to amortize over one to
eight years.
Item 7. Financial Statements and Exhibits
(a) Financial Statements and Pro Forma Financial Information
It is impracticable to provide the required financial statements as of
the filing of this report. Registrant expects that audited and pro forma
financial statements required under this item will be filed within the time
period required by applicable rules of the Securities and Exchange Commission.
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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.
MYPOINTS.COM, INC.
By: /s/ Thomas Caldwell
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Thomas Caldwell,
Senior Vice President, Finance
and Chief Financial Officer
Date: February 3, 2000
