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
Date of Report (Date of earliest event reported): September 15, 2000
CHANGE TECHNOLOGY PARTNERS, INC.
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(Exact name of registrant as specified in charter)
Delaware 0-13347 06-1582875
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
20 Dayton Avenue, Greenwich, Connecticut 06830
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (203) 661-6942
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ARINCO COMPUTER SYSTEMS INC.
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(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS
On September 15, 2000 (the "Closing") Change Technology Partners, Inc. (the
"Company") entered into a Stock Purchase Agreement (the "Agreement") with
eHotHouse Inc., a Delaware corporation ("eHotHouse"). Pursuant to the Agreement,
the Company acquired 9,166,667 newly issued shares of Series A Convertible
Participating Preferred Stock (the "Series A Shares") of eHotHouse at an
aggregate purchase price of $3,000,000 and a covenant to issue 6,374,502 shares
of the common stock of the Company. As of the Closing, the Series A Shares
represent approximately 75% of the outstanding common equity of eHotHouse on a
fully-diluted, as-converted basis.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(C) EXHIBITS
EXHIBIT NUMBER DESCRIPTION
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10.1 Stock Purchase Agreement, dated
September 15, 2000, by and between
Change Technology Partners, Inc.
and eHotHouse Inc.
SIGNATURE
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.
CHANGE TECHNOLOGY PARTNERS, INC.
Date: September 27, 2000 By: /s/ Matthew Ryan
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Matthew Ryan
President and Chief Executive Officer
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EXHIBIT INDEX
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EXHIBIT NUMBER DESCRIPTION
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EXHIBIT NUMBER DESCRIPTION
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10.1 Stock Purchase Agreement, dated
September 15, 2000, by and between
Change Technology Partners, Inc.
and eHotHouse Inc.
