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: August 21, 2000
ITEX CORPORATION
--------------------------------------------------------------------------------
(Exact name of registrant as specified in its charter)
NEVADA 0-18275 93-02292994
--------------------------------------------------------------------------------
(State or other (Commission (I.R.S. Employer
jurisdiction File Number) Identification No.)
of incorporation)
3400 Cottage Way, Sacramento, California 95825
--------------------------------------------------------------------------------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (916) 679-1111
------------------------------
10300 SW Greenburg Road, Suite 370, Portland, OR 97223
(Former name or address, if changed since last report.)
<PAGE>
Item 5. Other Events
On August 4, 2000, ITEX Corporation, a Nevada corporation (the
"Registrant") announced that it had entered into a Memorandum of Understanding
(the "MOU") with Maxx International, Inc. ("Maxx International"), providing for
the acquisition of the Registrant by Maxx International. For additional
information, see the Company's press release dated August 4, 2000, which is
attached hereto as Exhibit 99.1 and incorporated by reference herein.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits.
Exhibit No. Description
99.2 Press Release dated August 4, 2000 announcing the
execution of the MOU
Signatures
Pursuant to the requirement 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.
Dated: August 21, 2000
ITEX Corporation
By: /s/ Collins M. Christensen
------------------------------------
Title: President and Chief Executive Officer
