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): February 19, 1998
Enteractive, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 1-13360 22-3272662
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
110 West 40th Street, Suite 2100, New York, New York 10018
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(Address of principal executive offices)
Registrant's telephone number, including area code: (212) 221-6559
N/A
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(Former name or former address, if changed since last report.)
Item 5. Other Events.
On February 19, 1998, Enteractive, Inc. (the "Company") completed a
private placement of $2,000,000 of newly issued Series B Convertible Preferred
Stock, $.01 par value. The Company issued a press release relating to the
private placement which is attached hereto as an exhibit.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits.
99.1 Press release relating to private placement.
99.2 Pro forma balance sheet of the Company as of January 31, 1998 to
reflect the receipt of the proceeds from the private placement.
Such pro forma balance sheet is unaudited and is based on
information from the books and records of the Company and certain
information and footnote disclosures normally included in
financial statements prepared in accordance with generally
accepted accounting principles or in accordance with the
instructions to Form 10-QSB have been omitted. The proceeds from
the private placement will be reflected in the balance sheet to be
included in the Company's Form 10-QSB for the fiscal quarter ended
February 28, 1998.
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SIGNATURE
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.
ENTERACTIVE, INC.
Dated: February 20, 1998 By: /s/ Kenneth Gruber
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Name: Kenneth Gruber
Title: Chief Financial Officer
and Secretary
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