UNITED STATES
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): October 17, 2000
APPLIED DIGITAL SOLUTIONS, INC.
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(Exact name of registrant as specified in its charter)
Missouri
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(State or other jurisdiction of incorporation)
000-26020
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(Commission File Number)
43-1641533
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(IRS Employer Identification No.)
400 Royal Palm Way, Suite 410, Palm Beach, Florida 33480
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: 561-366-4800
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Item 5. Other Events
On October 17, 2000, the registrant and its Canadian subsidiary entered
into a Second Amended and Restated Term and Revolving Credit Agreement with IBM
Credit Corporation and IBM Financing, a division of IBM Canada Limited, which
amended and restated the prior Amended and Restated Term and Revolving Credit
Agreement dated as of July 30, 1999, as amended, among the parties and certain
of their affiliates. A copy of the Second Amended and Restated Term and
Revolving Credit Agreement is filed as Exhibit 99.1 hereto.
Item 7. Financial Statements and Exhibits
(c) Exhibits
99.1 Second Amended and Restated Term and Revolving
Credit Agreement with IBM Credit Corporation
and IBM Financing*
* Certain exhibits and attachments, and portions thereof, are omitted
from this filing, which will be provided at the request of the Staff
of the Commission.
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SIGNATURES
Pursuant to the requirements of the Securities Act of 1934, the Registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
APPLIED DIGITAL SOLUTIONS, INC.
(Registrant)
Date: October 24, 2000 /s/ David A. Loppert
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Vice President, Chief Financial Officer
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