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 October 9, 2000
DATAMARINE INTERNATIONAL, INC.
(Exact name of registrant as specified in its charter)
0-8936
(Commission File Number)
Washington 04-2454559
(State of Incorporation) (I.R.S. Employer Identification Number)
7030 220th SW, Mountlake Terrace, Washington 98043
(Address of principal executive offices)
(425)771-2182
(Registrant's telephone number, including area code)
Item 5. Other Events
Datamarine International, Inc. has made a private placement equity offering
whereby up to 4,387,500 $0.01 par value common shares will be offered for
proceeds of up to $3,750,000.
The shares are restricted shares and have not been registered under the
Securities Act of 1933, and may not be offered or sold in the United States
absent a registration statement or an applicable exemption from registration
requirements. All shares are offered by Datamarine International, Inc. and
there are no selling shareholders. The proceeds of the offering will be used
to retire existing debt and to provide working capital for general corporate
purposes. The offering is expected to conclude on or before December 1,
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 thereunto duly authorized.
Datamarine International, Inc.
(Registrant)
Date: October 9, 2000 /S/ JAN KALLSHIAN
--------------- -----------------
Jan Kallshian
Chief Financial Officer
