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
July 21, 2000
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Date of Report
(Date of Earliest Event Reported)
NEXTPATH TECHNOLOGIES, INC.
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(Exact Name of Registrant as Specified in its Charter)
1615 N. 24th West Avenue
Tulsa, OK 74127
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(Address of principal executive offices)
918/295-8289
918/295-2163 (fax)
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(Registrant's telephone number, including area code)
NOT APPLICABLE
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(Former name and former address, if changed since last report)
Nevada 000-26425 84-1402416
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(State or other (Commission File Number) (I.R.S. Employer
jurisdiction of Identification No.)
incorporation)
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
On July 21, 2000, NextPath Technologies, Inc. completed the sale of certain
assets, including equipment, personnel and technology of the Servo Division of
it's wholly-owned subsidiary, Willow Systems, Inc. to Corning, Inc. (NYSE: GLW)
for $15-million cash.
The proceeds of the sale are intended to be applied to the payment of NextPath
debt, to consummate planned acquisitions, and to further technology development.
A press release regarding this transaction was issued by NextPath on July 24,
2000.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
No financial statements are filed with this report, but if required, they will
be filed within 60 days after the date that the initial Form 8-K must be filed.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Current Report on Form 8-K to be signed on its
behalf by the undersigned hereunto duly authorized.
NEXTPATH TECHNOLOGIES, INC.
By:/s/David A. Nuttle
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David A. Nuttle, President
Date: July 24, 2000
