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): December 16, 1998
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TERA COMPUTER COMPANY
(Exact name of registrant as specified in its charter)
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Washington 0-26820 93-0962605
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification No.)
2815 Eastlake Avenue East
Seattle, WA 98102
(Address of principal executive offices)
Registrant's telephone number, including area code: (206) 490-2000
Registrant's facsimile number, including area code: (206) 323-1318
None
(Former name or former address, if changed since last report)
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Item 5. Other Events
On December 16, 1998, the Company raised $2,000,000, less expenses, through
the private placement of 200,000 shares of its Common Stock and 40,336 common
stock purchase warrants to two institutional investors, Genesee Fund Limited -
Portfolio B and Koch Industries, Inc. The number of shares of Common Stock
issuable by the Company are subject to adjustment in certain circumstances. The
warrants are exercisable for five years at $10.04 per share, subject to
adjustment. The Company expects to file a registration statement with the
Securities and Exchange Commission in January, 1999, covering the resale of the
Common Stock and the shares of Common Stock issuable upon exercise of the
warrants.
Effective December 28, 1998, the address and telephone numbers for the
Company's principal executive offices will be:
411 First Avenue, S., Suite 600
Seattle, WA 98104-2860
Telephone number, including area code: (206) 701-2000
Facsimile number, including area code: (206) 701-2500
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant caused this report to be signed on its behalf by the undersigned
thereunto duly authorized.
TERA COMPUTER COMPANY
By: /s/ KENNETH W. JOHNSON
Kenneth W. Johnson
Chief Financial Officer
December 21, 1998
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