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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 Exchange Act of 1934
Date of Report (Date of earliest event reported): August 23, 1999
VERDANT BRANDS, INC.
(Exact name of registrant as specified in its charter)
MINNESOTA 0-18921 41-0848688
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
9555 James Avenue South, Suite 200, Bloomington, Minnesota 55431-2543
(Address of principal executive offices)
Registrant's telephone number, including area code: (612) 703-3300
N/A
(Former name or former address, if changed since last report)
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Item 5. Other Events.
On August 23, 1999, Verdant Brands, Inc. effected a one-for-five
reverse spilt of its common stock, applicable to shareholders of record at the
close of trading on August 23, 1999. The press release issued in connection with
the reverse split is filed as an exhibit to this Current Report on Form 8-K and
its contents are incorporated herein by reference.
Item 7. Exhibits.
99.1 Press Release, dated August 23, 1999.
SIGNATURE
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 hereunto duly authorized.
VERDANT BRANDS, INC.
By: /S/ Mark G. Eisenschenk
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Mark G. Eisenschenk
Executive Vice President and
Chief Financial Officer
(principal financial officer).
Date: August 25, 1999
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EXHIBIT INDEX
Exhibit
Number
- ------
99.1 Press Release, dated August 23, 1999.
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Exhibit 99.1
Verdant Brands, Inc. Provides Additional Information on Previously Announced
Reverse Stock Split
MINNEAPOLIS, Aug. 23 -- Verdant Brands, Inc. (Nasdaq: VERD) previously announced
its intent to effect a one-for-five reverse split of its outstanding common
stock effective with the close of trading on August 23, 1999. The reverse split
has now been effected and is applicable to shareholders of record at the close
of trading today.
The Company also noted that for twenty (20) trading days after the split, the
Company' s common stock will trade under the symbol VERDD. Thereafter, the
symbol will revert to VERD.
Registered shareholders as of the close of trading on August 23, 1999 will
receive written notice regarding the procedure for exchanging their stock
certificates.
Verdant Brands, Inc. is a leading developer, manufacturer and supplier of pest
control products and fertilizers to the retail, agricultural and professional
markets utilizing a variety of national, proprietary and private label brands,
including Safer(R), Dexol(R), Black Leaf(R), Blocker(R), AllPro(R), SureFire(R),
CheckMate(R), BioLure(R), Insectigone(R) and Ringer(R).
