SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
----------------------------------
FORM 8-K
CURRENT REPORT
July 5, 2000
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report: June 30, 2000
ALANCO TECHNOLOGIES, INC.
-----------------------------------------------------
(Exact name of registrant as specified in its charter)
Arizona 86-0220694
---------------------------------------------------------------------
(State or other jurisdiction (I.R.S. Employer
of incorporation or organization) Identification No.)
15900 North 78th Street, Suite 101, Scottsdale, Arizona 85260
--------------------------------------------------------------
(Address of principal executive offices) (Zip Code)
(480) 607-1010
--------------
(Registrant's telephone number, including area code)
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
Effective June 1, 2000 the Company acquired all of the issued and
outstanding capital stock of Excel Computer Corporation, a Texas corporation
("Excel"), from the former shareholders of Excel in exchange for 425,000
restricted shares of common stock of the Company, a $750,000 note and $250,000
in cash. The transaction closed on June 21, 2000.
Item 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) THE FINANCIAL STATEMENTS OF BUSINESS ACQUIRED. The financial
statements of Excel Computer will be filed within 60 days after the date of
this report.
(b) PRO FORMA FINANCIAL INFORMATION. See (a) above
(c) EXHIBITS.
1. Agreement and Plan of Reorganization, dated as of
June 21, 2000, by and among the Company, Excel Computer Corporation, and the
holders of the capital stock of Excel. (Exhibits and Schedules omitted).
DATE: July 5, 2000 ALANCO TECHNOLOGIES, INC
-------------------------
(Registrant)
/s/ John A. Carlson
----------------------
John A. Carlson
Chief Financial Officer
