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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
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Date of Report (Date of
earliest event reported): February 11, 2000
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COACTIVE MARKETING GROUP, INC.
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(Exact name of registrant as specified in its charter)
Delaware 06-1340408
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(State or other jurisdic- (I.R.S. Employer
tion of incorporation or Identification No.)
organization)
0-20394
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(Commission File Number)
415 Northern Blvd., Great Neck, New York 11021
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Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (516) 622-2800
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(Former Name or Former Address, if Changed Since Last Report)
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ITEM 5. OTHER EVENTS
On February 11, 2000, the Registrant, Inmark Services, Inc., Optimum Group,
Inc. and U.S. Concepts, Inc. (collectively, "CoActive Marketing Group") and PNC
Bank, National Association (the "Lender") executed an amendment (the
"Amendment") to CoActive Marketing Group's existing loan facility with Lender
pursuant to which (i) the revolving feature of the facility was eliminated and
further borrowings on a revolving loan basis are prohibited, (ii) compliance
with a certain financial covenant contained in the Loan Agreement was waived
for the quarter ended December 31, 1999, (iii) the final maturity date of the
Loan Agreement was changed to April 8, 2001, (iv) principal outstanding under
the Loan Agreement will bear interest at a rate equal to two percent above
Lender's prime rate, and (v) a principal payment of $500,000 is to be made by
March 8, 2000, and thereafter, monthly principal payments of $200,000 are to be
made commencing April 8, 2000, in respect of the term loan portion of the loan
facility.
A copy of the Amendment is attached as Exhibit 10.1 and incorporated herein
by reference.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
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(c) Exhibits:
10.1 Fifth Amendment to Loan Documents dated as of February 11, 2000.
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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 thereunto duly authorized.
Date: February 17, 2000
COACTIVE MARKETING GROUP, INC.
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(Registrant)
By: /s/ Donald A. Bernard
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Donald A. Bernard,
Executive Vice President and
Chief Financial Officer
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EXHIBIT INDEX
No. Description
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10.1 Fifth Amendment to Loan Documents dated as of February 11, 2000.