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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
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CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of Earliest Event Reported):
APRIL 25, 2000
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DIGITAL RECORDERS, INC.
(Exact name of registrant as specified in its charter)
NORTH CAROLINA 1-13408 56-1362926
(State of Incorporation) (Commission File No.) (I.R.S. Employer
Identification No.)
4018 PATRIOT DRIVE, SUITE 100
DURHAM, NORTH CAROLINA 27703
(Address of principal executive offices)
(919) 361-2155
(Registrant's telephone number, including area code)
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ITEM 5. OTHER EVENTS
On April 25, 2000, the Board of Directors of Digital Recorders,
Inc. (the "Registrant") authorized the extension of the term of its Redeemable
Warrants to Purchase Common Stock (the "Warrants") sold in the Registrant's
public offering in November 1994. As extended, the Warrants may be exercised
at any time prior to 5:00 P.M. Eastern Time on December 29, 2000. All Warrants
not exercised on or prior to such date shall expire, subject to the right of
the Company to extend such date.
All other terms of the Warrants remain unchanged.
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.
DIGITAL RECORDERS, INC.
Date: May 10, 2000 By: /s/ David L. Turney
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David L. Turney
Chairman of the Board, President and
Chief Executive Officer
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