UNITED STATES
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):August 5, 1997
CD RADIO INC.
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(Exact name of registrant as specified in its charter)
State of Delaware 0-24710 52-1700207
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(State or other (Commission File Number) (I.R.S. Employer
jurisdiction of Identification No.)
incorporation)
Sixth Floor, 1001 - 22nd St., N.W., Washington, D.C. 20037
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(Address of principal executive offices) (zip code)
Registrant's telephone number, including area code (202) 296-6192
Not applicable
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(Former name or former address, if changed since last report)
Item 5. Other Events.
Pursuant to a Stock Purchase Agreement dated August 5, 1997,
attached hereto as Exhibit 99.1 and incorporated herein by reference, on such
date the Registrant issued and sold, and Loral Space & Communications Ltd.
purchased, 1,905,488 shares of Common Stock of the Registrant, par value $.001
per share, for an aggregate purchase price of $25,000,000. On August 5, 1997,
the Registrant issued the press release attached hereto as Exhibit 99.2 and
incorporated herein by reference.
Item 7. Exhibits.
Exhibit Number
(Referenced to Item 601
of Regulation S-K) Description of Exhibit
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99.1 Stock Purchase Agreement dated August 5,
1997 by and among CD Radio Inc., David
Margolese and Loral Space &
Communications Ltd.
99.2 Registrant's Press Release, dated as of
August 5, 1997.
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, thereunto duly authorized.
Date: August 15, 1997
CD RADIO INC.
By: /s/ David Margolese
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David Margolese
Chairman and Chief Executive Officer
EXHIBIT INDEX
Pursuant to Item 601 of Regulation S-K
Exhibit No. Description of Exhibit
99.1 Stock Purchase Agreement dated August
5, 1997 among CD Radio Inc., David
Margolese and Loral Space &
Communications Ltd.
99.2 Registrant's Press Release, dated as of
August 5, 1997.