SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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): May 26, 2000
Breakaway Solutions, Inc.
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(Exact Name of Registrant as Specified in Charter)
Delaware
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(State or Other Jurisdiction of Incorporation)
000-27269 04-3285165
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(Commission File Number) (I.R.S. Employer Identification No.)
50 Rowes Wharf
Boston, Massachusetts 02110
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(Address of Principal (Zip Code)
Executive Offices)
(617) 960-3400
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(Registrant's Telephone Number, Including Area Code)
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(Former name or former address, if changed since last report)
ITEM 5. OTHER EVENTS
Breakaway Solutions, Inc. (the "Registrant") is filing this Current
Report on Form 8-K for the purpose of filing with the Securities and Exchange
Commission as an exhibit hereto the Registrant's press release, dated May 30,
2000, announcing the closing of a private placement of 1.5 million shares of the
Registrant's Common Stock, par value $0.000125 per share, with various mutual
funds managed by Putnam Investments, the gross proceeds of which was $39
million.
A copy of the Press Release announcing the private placement is
attached to this Current Report on Form 8-K as Exhibit 99.1.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND
EXHIBITS.
(a) FINANCIAL STATEMENTS OF BUSINESSES ACQUIRED
Not Applicable.
(b) PRO FORMA FINANCIAL INFORMATION
Not Applicable.
(c) EXHIBITS
99.1 Press Release, dated May 30, 2000, issued in
connection with a private placement of the
Registrant's common stock to various mutual funds
managed by Putnam Investments.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
BREAKAWAY SOLUTIONS, INC.
Date: June 1, 2000 By: /s/ KEVIN COMERFORD
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KEVIN COMERFORD
VICE PRESIDENT, ADMINISTRATION
CHIEF FINANCIAL OFFICER, TREASURER
AND SECRETARY
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EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION
99.1 Press Release, dated May 30, 2000, issued in
connection with a private placement of the
Registrant's common stock to various mutual funds
managed by Putnam Investments.
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