<PAGE> 1
Filed Pursuant to
Rule 424(c)
Registration Number: 33-80875
SUPPLEMENT TO PROSPECTUS DATED FEBRUARY 9, 1996
19,015,000 SHARES
THE SLED DOGS COMPANY
COMMON STOCK
This document (the "Supplement") is a supplement to the Prospectus, dated
February 9, 1996 (the "Prospectus"), of The Sled Dogs Company (the "Company"),
as such Prospectus has been updated by the incorporation therein of the
Company's periodic reports filed pursuant to Section 13(a), 14 or 15(d) of the
Exchange Act. The Prospectus relates to up to 19,015,000 shares of common
stock, par value $.01 per share (the "Shares"), of the Company that may be
offered for sale for the account of certain shareholders of the Company.
Capitalized terms not defined in this Supplement shall have the meanings
indicated in the Prospectus.
The Private Placement Warrants shall be exercisable at an exercise price
of $.75 per share for the period commencing July 15, 1996 and ending August 15,
1996, subject to an extension of such period by the Company, in its sole
discretion, for up to an additional 15 days. Upon the expiration of such
period and any extension thereof, the Private Placement Warrants will be
exercisable for $1.00 per share. If all the Private Placement Warrants were
exercised during this time period the Company would receive aggregate gross
proceeds of $6,000,000 rather than the aggregate gross proceeds of $8,000,000
which the Company would receive if all Private Placement Warrants were
exercised for $1.00 per share. Proceeds, if any, from the exercise of the
Private Placement Warrants will be applied to working capital and other
corporate purposes. There can be no assurance that any of the Private
Placement Warrants will be exercised.
The Selling Shareholders may effect transactions by selling their
securities directly to purchasers or to or through broker-dealers which may act
as agents or principals. A substantial number of the Selling Shareholders hold
their Shares in accounts at GKN and may, but are not required to, sell their
Shares through GKN as agent or to GKN as principal. Like any other
broker-dealer, GKN may receive compensation in the form of discounts,
concessions, or commissions from the Selling Shareholder and/or the purchasers
of the securities for whom GKN may act as agent or to whom they sell as
principal, or both (which compensation might be in excess of customary
commissions) and, in connection with the sale of the securities might be deemed
to be an "underwriter" within the meaning of Section 2(11) of the Securities
Act. Selling Shareholders and broker-dealers, including GKN, to the extent
required to by law, will be required to deliver a Prospectus in connection with
the sale of Shares at the time of purchase to each purchaser.
The date of this Supplement is July 11, 1996.
