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): February 11, 2000
INFORMATION HOLDINGS INC.
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(Exact Name of Registrant as specified in its Charter)
Delaware 1-14371 06-1518007
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(State or other jurisdiction (Commission File No.) (I.R.S. Employer
of corporation) Identification No.)
2777 Summer Street, Stamford, Connecticut 06905
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(Address of Principal (Zip Code)
Executive Offices)
Registrant's telephone number, including area code: (203) 961-9106
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N/A
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(Former name or former address, if changed since last report)
ITEM 5. OTHER EVENTS.
On February 14, 2000, Information Holdings Inc. (the "Company")
announced that it had filed a registration statement on Form S-3 (the
"Registration Statement") with the Securities and Exchange Commission for a
public offering of up to 4,600,000 shares of its common stock (the "Offering"),
including 600,000 shares of common stock to cover over-allotments, if any. A
copy of the press release is attached hereto as Exhibit 99.1 and is incorporated
herein by reference.
In the Registration Statement, the Company disclosed that a substantial
portion of the net proceeds from the Offering would be used to develop and
market its CorporateIntelligence.com web site and to finance future
acquisitions. The Company is currently aggregating all of its intellectual
property businesses on this web site. The commercial rollout of
CorporateIntelligence.com is expected to occur over the course of the year 2000.
The Company anticipates an operating loss for the year 2000 as a result
of expenditures ranging from $20 to 25 million expected to be incurred in
connection with the development, marketing and commercial rollout of
CorporateIntelligence.com. In addition, sales and operating results will be
negatively affected for the first quarter of 2000, and possibly thereafter, as a
result of the termination of the Company's international distribution agreement
with Springer Verlag.
Additional information regarding the Company and the Offering is
contained in the Registration Statement filed with the Securities and Exchange
Commission on February 11, 2000. The Registration Statement is incorporated
herein by reference.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) Financial Statements of Business acquired: None
(b) Pro Forma Financial Information: None
(c) Exhibits:
99.1 Press Release dated February 14, 2000
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this Current Report on Form 8-K to be signed on
its behalf by the undersigned hereunto duly authorized.
INFORMATION HOLDINGS INC.
Date: February 14, 2000 By:/s/ Vincent A. Chippari
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Name: Vincent A. Chippari
Title: Executive Vice President and
Chief Financial Officer
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EXHIBIT INDEX
The following Exhibit is filed herewith.
Exhibit Number Description
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99.1 Press Release dated February 14, 2000.