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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 (Date of earliest event reported): October 21, 1998
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CONNECT, Inc.
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(Exact name of registrant as specified in charter)
Delaware
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(State or other jurisdiction of incorporation)
000-20873 943036611
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(Commission File Number) (IRS Employer Identification No.)
515 Ellis Street, Mountain View, California 94043
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (650) 254-4000
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N/A
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(Former name or former address, if changed since last report)
-1-
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Item 5. Other Events.
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On October 15, 1998, CONNECT, Inc., a Delaware corporation (the
"Company"), was notified by Nasdaq of a concern regarding the continued listing
of the Company's shares of common stock trading on the Nasdaq National Market.
Specifically, the Company's common stock failed to maintain a closing bid price
of greater than or equal to $1.00 per share. The Company was given 90 days to
regain compliance, until January 13, 1999. In order to regain compliance, the
bid price must be greater than or equal to $1.00 for 10 consecutive trading
days.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on its behalf
by the undersigned thereunto duly authorized.
CONNECT, Inc.
(Registrant)
Dated: October 21, 1998 By: /s/ GREIGORY PARK
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Greigory Park
Vice President of Finance
and Chief Financial Officer
