1
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
March 12, 2001
- --------------------------------------------------------------------------------
Date of Report (Date of earliest event reported)
Novo Networks, Inc.
- --------------------------------------------------------------------------------
(Exact Name of Registrant as Specified in Its Charter)
DELAWARE 0-28579 75-2233445
(State or Other Jurisdiction of Commission File (I.R.S. Employer
Incorporation or Organization) Number Identification No.)
300 Crescent Court, Suite 800
Dallas, Texas 75201
- ------------------------------------------ --------------------
(Address of Principal Executive Offices) (Zip Code)
(214) 777-4100
- --------------------------------------------------------------------------------
Registrant's telephone number, including area code
- --------------------------------------------------------------------------------
(Former Name or former Address, if Changed Since Last Report)
2
ITEM 5. Other Events.
On March 12, 2001, the Registrant issued a press release detailing a
planned reduction in staff and announcing that it had engaged JP Morgan to
advise on strategic alternatives. A copy of that press release is filed as
Exhibit 99.1 to this Report.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits.
99.1 Text of press release dated March 12, 2001.
3
Pursuant to the requirements of the Securities Exchange Act of
1934, as amended, the Registrant has duly caused this report to be signed on its
behalf by the undersigned, hereunto duly authorized.
March 13, 2001
Novo Networks, Inc.
By /s/ STUART J. CHASANOFF
----------------------------------------------
Name: Stuart J. Chasanoff
Title: Senior Vice President, General Counsel and
Secretary
4
Index to Exhibits
EXHIBIT
NUMBER DESCRIPTION
- ------- ------------
99.1 Text of March 12, 2001 Press Release