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): October 26, 2001
METRICOM, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 0-19903 77-0294597
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
2033 GATEWAY PLACE
SUITE 500
SAN JOSE, CALIFORNIA 95110
(Address of principal executive offices and zip code)
Registrant's telephone number, including area code: (408) 573-3620
333 WEST JULIAN STREET
SAN JOSE, CALIFORNIA 95110
(Former address)
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS.
On October 26, 2001, Metricom, Inc., Metricom Finance, Inc., Metricom
New York, L.L.C., Metricom Investments DC, Inc., and Metricom DC, L.L.C.
(together, the "Company"), debtors-in-possession, in chapter 11 case nos.
01-53291, 01-53297, 01-53302, 01-53301 and 01-53300 (Jointly Administered),
sold substantially all of their assets, including certain intellectual property
rights and tangible personal property, pursuant to that certain Asset Purchase
Agreement, dated as of October 18, 2001, by and between Ricochet Networks, Inc.
(an affiliate of Aerie Networks, Inc.) and Metricom, Inc. and an order of the
U.S. Bankruptcy Court for the Northern District of California in San Jose,
California. The Company retained all of its WCS FCC spectrum licenses and
certain other tangible personal property. The Company received $8,250,000 in
consideration for such assets on November 7, 2001.
ITEM 5. OTHER EVENTS.
On November 15, 2001, Metricom, Inc., Metricom Finance, Inc., Metricom
New York, L.L.C., Metricom Investments DC, Inc., and Metricom DC, L.L.C.,
debtors-in-possession, in chapter 11 case nos. 01-53291, 01-53297, 01-53302,
01-53301 and 01-53300 (Jointly Administered), filed a monthly operating report
for the month of October 2001 with the United States Bankruptcy Court for the
Northern District of California in San Jose, California, a copy of which is
filed herewith as Exhibit 99.1.
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ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(c) Exhibits.
EXHIBIT NO. DESCRIPTION
99.1 Chapter 11 Monthly Operating Report for October 2001 filed
by Metricom, Inc., Metricom Finance, Inc., Metricom New
York, L.L.C., Metricom Investments DC, Inc., Metricom DC,
L.L.C., debtors-in-possession, in chapter 11 case nos.
01-53291, 01-53297, 01-53302, 01-53301 and 01-53300
(Jointly Administered), filed with the United States
Bankruptcy Court for the Northern District of California in
San Jose, California.
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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.
METRICOM, INC.
Date: November 30, 2001 By: /s/ EUGENE A. REILLY
---------------------------------
Eugene A. Reilly
Chief Financial Officer and
General Counsel
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