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) JULY 25, 2000
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SILICON VALLEY BANCSHARES
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(Exact name of registrant as specified in its charter)
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DELAWARE 15637 91-1962278
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
3003 TASMAN DRIVE, SANTA CLARA, CA 95054
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (408) 654-7400
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N/A
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(Former name and former address, if changed since last report.)
ITEM 5. OTHER EVENTS.
ITEM 5.1
This report is filed pursuant to Item 5 to Form 8-K to report the
announcement of the investment by Silicon Valley Bancshares (the "Company") in
the Nippon Credit Bank and the partnering of the Company with Softbank in
connection with the investment in the Nippon Credit Bank.
All statements in the press release filed as Exhibit 99.1 to this
report regarding our expected financial position, business and strategies are
forward-looking statements. In addition, in the press release, the words
"anticipates," "believes," "estimates," "seeks," "expects," "plans," "intends"
and similar expressions, as they relate to the Company or its management, are
intended to identify forward-looking statements. Although we believe that the
expectations reflected in these forward-looking statements are reasonable, and
have based these expectations on our beliefs as well as assumptions we have
made, such expectations may prove to be incorrect.
For information with respect to factors that could cause actual
results to differ from the expectations stated in the forward-looking
statements, see the text under the caption "Risk Factors" included in
Amendment No. 1 to the registration statement on Form S-3 we filed with the
Securities and Exchange Commission on July 13, 2000. The Company urges
investors to consider these factors carefully in evaluating the
forward-looking statements contained in the press release filed as Exhibit
99.1 to this report. All subsequent written or oral forward-looking
statements attributable to the Company or persons acting on the Company's
behalf are expressly qualified in their entirety by these cautionary
statements. The forward-looking statements included in the press release
filed as Exhibit 99.1 to this report are made only as of the date of such
release. The Company does not intend, and undertakes no obligation, to update
these forward-looking statements.
ITEM 5.2
This report is filed pursuant to Item 5 to Form 8-K also to report
the announcement that SVB Strategic Investors Fund, L.P., completed its first
close of $64.5 million on June 21, 2000.
All statements in the press release filed as Exhibit 99.2 to this
report regarding our expected financial position, business and strategies are
forward-looking statements. In addition, in the press release, the words
"anticipates," "believes," "estimates," "seeks," "expects," "plans," "intends"
and similar expressions, as they relate to the Company or its management, are
intended to identify forward-looking statements. Although we believe that the
expectations reflected in these forward-looking statements are reasonable, and
have based these expectations on our beliefs as well as assumptions we have
made, such expectations may prove to be incorrect.
For information with respect to factors that could cause actual
results to differ from the expectations stated in the forward-looking
statements, see the text under the caption "Risk Factors" included in
Amendment No. 1 to the registration statement on Form S-3 we filed with the
Securities and Exchange Commission on July 13, 2000. The Company urges
investors to consider these factors carefully in evaluating the
forward-looking statements contained in the press release filed as Exhibit
99.2 to this report. All subsequent written or oral forward-looking
statements attributable to the Company or persons acting on the Company's
behalf are expressly qualified in their entirety by these cautionary
statements. The forward-looking statements included in the press release
filed as Exhibit 99.2 to this report are made only as of the date of such
release. The Company does not intend, and undertakes no obligation, to update
these forward-looking statements.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
ITEM 7.1
The press release issued in connection with the announcement described
in Item 5.1 above is filed as Exhibit 99.1 to this report.
ITEM 7.2
The press release issued in connection with the announcement described
in Item 5.2 above is filed as Exhibit 99.2 to this report.
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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.
SILICON VALLEY BANCSHARES
Date July 25, 2000 By /s/ Donal Delaney
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Name: Donal Delaney
Title: Controller
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