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): August 16, 2000
RATEXCHANGE CORPORATION
--------------------------------------------------
(Exact Name of Registrant as Specified in Charter)
DELAWARE 001-15831 11-2936371
---------------------------- ------------ ---------------
State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
185 BERRY STREET, SUITE 3515, SAN FRANCISCO, CALIFORNIA 94107
------------------------------------------------------------------
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (415) 371-9800
Not applicable
(Former Name or Former Address, if Changed Since Last Report)
<PAGE>
Item 5. Other Events
On August 16, 2000 RateXchange Corporation announced that it had signed a letter
of intent to form a strategic alliance with Amerex Bandwidth LTD. The alliance
will promote the use of RateXchange's neutral electronic trading system (ETS)
and is expected to accelerate the trading of bandwidth products. It will combine
trade execution by Amerex brokers and RateXchange's ETS to produce more rapid
trades. The letter of intent contemplates that RateXchange will introduce the
next version of its ETS software by early September, and then will launch its
Next Generation ETS late this year.
Forward-Looking Statements
This document includes certain "forward-looking statements" within the
meaning of that term in Section 27A of the Securities Act of 1933, and Section
21E of the Securities Act of 1934, including, among others, those statements
preceded by, following or including the words "believe," "expect," "intend,"
"anticipate" or similar expressions. These forward-looking statements are based
largely on our current expectations and are subject to a number of risks and
uncertainties. Our actual results could differ materially from these
forward-looking statements.
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.
RATEXCHANGE CORPORATION
Date: August 22, 2000 By: /s/ PHILIP R. RICE
---------------------------------------
Philip R. Rice
Chief Financial Officer