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 (Date of earliest event reported): October 5, 1998
XIOX CORPORATION
(Exact name of registrant as specified in its charter)
Delaware 0-15797 95-3824750
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(State or other jurisdiction of (Commission File Number) (I.R.S. Employer
incorporation) Identification No.)
577 Airport Boulevard, Suite 700
Burlingame, California 94010
(Address of principal executive offices)
(650) 375-8188
(Registrant's telephone number, including area code)
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Item 5. Other Events
As reported on the Company's Form 8-K filed on September 24, 1998, the
Company entered into a Stock Purchase and Investor Rights Agreement (the
"Agreement") on September 21, 1998 with Intel Corporation ("Intel"), Flanders
Language Valley CVA, Zero Stage Capital and other private investors for the
private placement of a total of approximately $9.5 million of the Company's
Series A Preferred Stock (the "Series A Preferred"). On October 5, 1998, the
Company held its second and final closing pursuant to the Agreement. In the
second closing the Company sold approximately $6.4 million of the Series A
Preferred on substantially the same terms as the first closing, at which the
Company sold approximately $3.1 million of Series A Preferred on September 21,
1998. All together, 1,907,989 shares of Preferred were sold under the Agreement
at a purchase price of $5.00 per share.
Item 7. Exhibits.
The transaction discussed in Item 5 is to be accounted for as a sale of
Preferred Stock. Financial statements for the period ending September 30, 1998
will be filed within 60 days.
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 hereunto duly authorized.
XIOX CORPORATION
Dated: October 8, 1998 By: /s/ Melanie D. Reid
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Melanie D. Reid
Vice President Finance and
Chief Financial Officer
