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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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 3, 1997
VERITAS Software Corporation
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(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
Delaware
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(STATE OR OTHER JURISDICTION OF INCORPORATION)
0-22712 94-2823068
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(COMMISSION (IRS EMPLOYER
FILE NUMBER) IDENTIFICATION NO.)
1600 Plymouth Street, Mountain View, California 94043
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(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
(650) 335-8000
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(REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE)
Not Applicable
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(FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT)
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ITEM 5. OTHER EVENTS
On October 3, 1997, the Company issued a press release announcing
its intention, subject to market and other conditions, to raise $100 million
(excluding the proceeds of any over-allotment option) through a private offering
of Convertible Subordinated Notes within the United States to qualified
institutional buyers and outside the United States to non-U.S. investors. A copy
of the press release is filed as Exhibit 99.1 and incorporated herein by
reference.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND
EXHIBITS
(c) Exhibits
Exhibit Number Exhibit
99.1 Press Release, dated October 3, 1997, of
VERITAS Software Corporation
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 thereunto duly authorized.
VERITAS Software Corporation
Date: October 14, 1997 By: /s/ Jay A. Jones
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Jay A. Jones
Vice President, Corporate Counsel &
Secretary
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INDEX TO EXHIBITS
<TABLE>
<CAPTION>
Exhibit
Number Description of Exhibit
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<S> <C>
99.1 Press Release, dated October 3, 1997, of VERITAS
Software Corporation
</TABLE>
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EXHIBIT 99.1
Press Release, dated October 3, 1997, of VERITAS Software Corporation
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[VERITAS LETTERHEAD]
VERITAS(R) SOFTWARE ANNOUNCES PROPOSED PRIVATE OFFERING OF
CONVERTIBLE SUBORDINATED NOTES
MOUNTAIN VIEW, CA, OCTOBER 3, 1997 - VERITAS Software Corporation
(Nasdaq:VRTS) today announced that it intends, subject to market and other
conditions, to raise $100 million (excluding the proceeds of any over allotment
option) through a private offering of convertible subordinated notes within the
United States to qualified institutional buyers and outside the United States to
non-U.S. investors.
The Company stated that it intends to use the net proceeds of the
offering for general corporate purposes, including working capital, possible
facilities expansion or acquisition of complementary businesses, products and
technologies, none of which has as yet been identified.
The notes are convertible into shares of common stock of the Company and
will have a seven year term. No other terms were discussed.
The securities to be offered will not be registered under the Securities
Act of 1933, as amended (the "Securities Act"), or any state securities laws,
and unless so registered, may not be offered or sold in the United States except
pursuant to an exemption from, or in a transaction not subject to, the
registration requirements of the Securities Act and applicable state securities
laws.
This press release does not constitute an offer to sell or the
solicitation of an offer to buy any security and shall not constitute an offer,
solicitation of sale in any jurisdiction in which such offering would be
unlawful.
# # #
Contacts:
Ken Lonchar Marge Duncan
Vice President, Finance & CFO Director, Investor Relations
VERITAS Software Corporation VERITAS Software Corporation
(650) 526-2501 (650) 526-2508
[email protected] [email protected]
