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 26, 2001
Loudeye Technologies, Inc.
(Exact name of Registrant as specified in its charter)
Delaware 0-29583 91-1908833
(State or other (Commission File Number) (I.R.S.Employer
jurisdiction incorporation Identification No.)
or of organization)
414 Olive Way
Seattle, WA 98101
(Address of principal executive offices) (Zip code)
(206) 832-4000
(Registrant's telephone number, including area code)
Item 5. Other Events.
On October 26, 2001, Registrant entered into a Share Repurchase Agreement
with Martin Tobias and Alex Tobias through which Registrant acquired 4,000,000
shares of Registrant's common stock. The consideration for the purchase of the
shares was $2,000,000 cash at closing.
On October 26, 2001 Registrant entered into a Credit Agreement with Martin
Tobias, Alex Tobias and Bell Street Properties, LLC establishing a non-revolving
credit facility under which Mr. Tobias may borrow up to $2,000,000. The
obligations under the Credit Agreement will be secured by deeds of trust on
properties owned by Mr. Tobias and pledges of shares of common stock of
Registrant held by Mr. Tobias.
Item 7. Financial Statements and Exhibits.
(c) Exhibits
10.1 Share Repurchase Agreement between Loudeye Technologies,
Inc., Martin Tobias and Alex Tobias dated October 26, 2001.
99.1 Press Release dated October 30, 2001.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Loudeye Technologies, Inc.
Dated: October 30, 2001 By: /s/ John T. Baker
----------------------
Chief Executive Officer
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INDEX TO EXHIBITS
10.1 Share Repurchase Agreement between Loudeye Technologies,
Inc., Martin Tobias and Alex Tobias dated October 26, 2001.
99.1 Press Release dated October 30, 2001.
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