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
January 5, 2001
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(Date of Report)
AREMISSOFT CORPORATION
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(Exact name of registrant as specified in its charter)
STATE OF DELAWARE 7372 68-0413929
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
216 Haddon Avenue, Suite 607, Westmont, NJ 08108 (Address
of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (856) 869-0770
Item 5. Other Events
On December 18, 2000, the Board of Directors of AremisSoft Corporation
("AremisSoft") declared a two-for-one stock split in the form of a stock
dividend (the "Stock Split") with respect to the issued and outstanding shares
of AremisSoft common stock. All stockholders of record as of the close of
business on December 28, 2000 (the "Record Date") will receive one share of
common stock for each share of common stock held as of the Record Date. The
payment will be made on January 8, 2001.
As of the Record Date, AremisSoft had 17,598,904 shares of common stock
outstanding and will issue the same number of shares to existing stockholders as
of the Record Date to effect the Stock Split. In addition, as a result of the
anti-dilution provisions contained in AremisSoft's 1998 Stock Option Plan and
2000 Stock Option Plan and certain warrant and option agreements, AremisSoft is
obligated to issue an additional 2,982,011 shares of common stock upon exercise
of options and warrants previously granted but unexercised as of the Record
Date.
On August 29, 2000, AremisSoft filed a registration statement on Form S-3
with the Securities and Exchange Commission (Registration No. 333-31768) in
which 800,000 shares of its common stock were registered (the "S-3 Registration
Statement"). The distribution of the shares covered by the S-3 Registration
Statement has not been completed and, pursuant to Rule 416(b) of the Securities
Act of 1933, as amended, the S-3 Registration Statement is hereby amended as a
result of the filing of this Current Report to include 800,000 additional shares
which are issuable as a result of the Stock Split.
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.
Dated: January 5, 2001 AREMISSOFT CORPORATION
By: /s/ Roys Poyiadjis
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Roys Poyiadjis
President & Chief Executive Officer