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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934.
Date of Report (Date of earliest event reported): December 23, 1996
ACTV, INC.
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(Exact name of registrant as specified in its charter)
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Delaware 1-10377 94-2907258
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(State or other jurisdiction (Commission File (I.R.S. Employer
of organization) Number) Identification No.)
1270 Avenue of the Americas
New York, New York 10020
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(Address of Principal Zip Code
Executive Office)
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Registrant's telephone number, including area code: (212) 262-2570
Not Applicable
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(Former name or former address; if changed since last report)
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Item 5. Other Events.
Pursuant to the several agreements entered into in August 1996 in
connection with the private placement of 400,000 shares of 5% convertible
preferred stock of ACTV Holdings, Inc. and ACTV Financing, Inc., ACTV Financing,
Inc. was merged into ACTV Holdings, Inc., which is the surviving corporation on
December 23, 1996. Each share of preferred stock of ACTV Financing, Inc.,
and all rights in respect thereof, were converted into one (1) share of
preferred stock of ACTV Holdings, Inc., with the amount of any accrued and
unpaid dividends on any preferred stock of ACTV Financing, Inc. constituting the
amount of accrued and unpaid dividends under the preferred stock of ACTV
Holdings, Inc. received in such exchange as of December 23, 1996.
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.
ACTV, INC.
Date: December 24, 1996 By: /s/ William Samuels
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William Samuels, President
