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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
DATE OF REPORT: JANUARY 10, 2000
COMMISSION FILE NUMBER 0-8146
MSI HOLDINGS, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER)
UTAH
STATE OR OTHER JURISDICTION OF INCORPORATION OR ORGANIZATION
87-0280886
(I.R.S. EMPLOYER I.D. NO.)
501 WALLER ST., AUSTIN, TEXAS 78702
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)
(512) 476-6925
ISSUER'S TELEPHONE NUMBER, INCLUDING AREA CODE
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ITEM 5. OTHER EVENTS
MSI HOLDINGS, INC. has announced that it intends to conduct a $40 million
private placement of its common stock.
A press release dated January 10, 2000 announcing the proposed private placement
is attached as EXHIBIT 99.1
SIGNATURES:
Pursuant to the requirements of Section 13 or 15(d) 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.
Date: January 10, 2000
/s/ Robert J. Gibbs
Robert J. Gibbs, President and CEO
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EXHIBIT INDEX
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Exhibit
Number Description
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<S> <C>
99.1 Press Release dated January 10, 2000
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EXHIBIT 99.1
MONDAY JANUARY 10, 12:29 PM EASTERN TIME
COMPANY PRESS RELEASE
MSI HOLDINGS ANNOUNCES PROPOSED PRIVATE PLACEMENT OF COMMON STOCK
AUSTIN, Texas--(BUSINESS WIRE)--Jan. 10, 2000--MSI Holdings Inc. (OTC BB: MSIA)
today announced that it intends to conduct a private placement of its common
stock.
MSI desires to raise $40 million in gross proceeds in the offering. The Company
intends to use the net proceeds of the offering to build out additional data
centers, implement a sales and marketing campaign, hire additional sales and
marketing personnel, repay indebtedness and for general corporate purposes.
The common stock offered will not be registered under the Securities Act of 1933
and may not be offered or sold in the United States absent registration or an
applicable exemption from the registration requirements.
Contact:
MSI Holdings Inc., Austin
Gary Fortin, 512/476-6925
[email protected]
Or
Robert Hersch, 512/476-6925
[email protected]
Or
Allen & Caron Inc.
Investors:
Michael Mason, 212/698-1360
[email protected]
Or
Media:
Kari Rinkeviczie, 616/647-0780
[email protected]
