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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): May 25, 2000
S1 CORPORATION
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(Exact name of registrant as specified in its charter)
DELAWARE 000-24931 58-2395199
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
3390 PEACHTREE ROAD, NE, SUITE 1700, ATLANTA, GEORGIA 30326
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(Address of principal executive offices)
Registrant's telephone number, including area code: (404) 812-6200
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NOT APPLICABLE
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(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS.
On May 25, 2000, S1 Corporation issued a press release announcing the
sale of 244,000 shares of its Series D Convertible Preferred Stock to State Farm
Mutual Automobile Insurance Company, ZG Investments, Ltd., Allianz Capital
Partners GmbH, Fleet Private Equity Co., Inc. and J.P. Morgan Ventures
Corporation for an aggregate purchase price of $244,000,000. A copy of the press
release is attached at Exhibit 99.
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ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(a) Not applicable.
(b) Not applicable.
(c) Exhibits.
99 Press release dated May 25, 2000.
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SIGNATURES
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.
S1 CORPORATION
(Registrant)
/s/ Robert Stockwell
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Robert Stockwell
Chief Financial Officer
Date: May 25, 2000
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Exhibit Index
99 Press release dated May 25, 2000.