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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: October 16, 2000
(Date of earliest event reported)
NBC INTERNET, INC.
(exact name of registrant as specified in its charter)
DELAWARE COMMISSION FILE: 94-3333463
(State or other jurisdiction 000-27899 (I.R.S. Employer
of incorporation or organization) Identification No.)
225 BUSH STREET
SAN FRANCISCO, CA 94104
(Address of Principal executive offices, including zip code)
(415) 375-5000
(Registrant's telephone number, including area code)
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ITEM 5. OTHER EVENTS.
On October 16, 2000, AllBusiness.com, LLC ("ABC"), a wholly-owned
subsidiary of NBCi Internet, Inc. (the "Company"), entered into that certain
Contribution and Unit Purchase Agreement by and among ABC, BigVine.com, Inc.
("BigVine"), and BigVine, LLC (the "Contribution Agreement"). Pursuant to the
terms of the Contribution Agreement, ABC and BigVine will transfer their
respective assets to BigVine, LLC (the "Operating Company") in exchange for
limited liability company interests (the "Units") in the Operating Company. The
obligation of ABC and BigVine to effect the transactions contemplated by the
Contribution Agreement are subject to the receipt of regulatory approvals and
the satisfaction of certain other closing conditions on or prior to the closing
date. The Company and certain other existing shareholders of BigVine will also
purchase a new series of preferred stock of BigVine on the closing date.
A copy of the press release issued by the Company on October 17, 2000 is
attached hereto as Exhibit 99.1 and incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits.
99.1 Press Release issued by the Company dated October 17, 2000
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Company has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
NBC Internet, Inc.
Date: October 23, 2000 By: /s/ Anthony Altig
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Name: Anthony Altig
Title: Chief Financial Officer
