U.S. 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): September 24, 1999
Commission file number 0-22464
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KOALA CORPORATION
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(Exact name of small business issuer
as specified in its charter)
Colorado 84-1238908
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(State or other jurisdiction of (IRS Employer Identification No.)
incorporation or organization)
11600 E. 53rd Avenue, Unit D, Denver, CO 80239
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(Address of principal executive offices)
(303) 574-1000
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(Issuer's telephone number)
Not Applicable
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(Former name, former address, and former fiscal year,
if changed since last report)
ITEM 2. ACQUISITION OF ASSETS
On September 24, 1999, Koala Corporation (the "Company"), acquired
certain of the assets of Smart Products, Inc., a Kentucky corporation ("Smart
Products"). Founded in 1988, Smart Products designs, manufactures and markets
infant safety and customer service products.
The purchase price and terms were negotiated on an arms length basis
with Smart Products. No principal of Smart Products had a relationship with the
Company prior to the transaction.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(c) Exhibits.
99.1 Press Release.
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SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
KOALA CORPORATION
Date: October 8, 1999 By: /s/ Mark A. Betker
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Mark A. Betker, Chairman and Chief
Executive Officer
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