CYBERGUARD CORP
8-K, 2000-11-02
ELECTRONIC COMPUTERS
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<PAGE>   1
                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                            ------------------------

                                    FORM 8-K

                                 CURRENT REPORT

                     PURSUANT TO SECTIONS 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

                                October 13, 2000
                ------------------------------------------------
                DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED)

                             CYBERGUARD CORPORATION
             ------------------------------------------------------
             (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

                         COMMISSION FILE NUMBER: 0-24544
                                                 ----------
          FLORIDA                                             65-0510339
----------------------------                              ----------------
(STATE OR OTHER JURISDICTION                              (I.R.S. EMPLOYER
     OF INCORPORATION)                                    IDENTIFICATION NO.)

2000 WEST COMMERCIAL BOULEVARD, SUITE 200, FORT LAUDERDALE, FLORIDA    33309
------------------------------------------------------------------- ----------
         (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)                   (ZIP CODE)

                                 (954) 958-3900
              ----------------------------------------------------
              (Registrant's telephone number, including area code)


<PAGE>   2



ITEM 5.   OTHER EVENTS

On February 14, 2000, CyberGuard Corporation ("Company") filed an application to
list its securities on the Nasdaq SmallCap Market ("Nasdaq"), which application
was denied by the Nasdaq Staff on July 27, 2000 and further denied on appeal by
the Nasdaq Listing Qualifications Panel on September 27, 2000. On October 10,
2000, the Company filed an appeal to the Nasdaq Listing and Hearing Review
Council ("Council"). On October 13, 2000, the Company received a letter from the
Council stating that the Council's appeal decision would likely be issued after
the Council's meeting in January 2001.

                                    SIGNATURE

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange
Act of 1934, the registrant has duly caused this report to be signed on behalf
of the undersigned, thereunto duly authorized.

                                   CYBERGUARD CORPORATION

                                   By: /s/  DAVID R. PROCTOR
                                      -------------------------------------
                                      David R. Proctor
                                      Chairman of the Board of Directors and
                                      Chief Executive Officer

                                   Date: November 2, 2000




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