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) February 11, 1997
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YES! Entertainment Corporation
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(Exact Name of the Registrant as Specified in Its Charter)
Delaware
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(State or Other Jurisdiction of Incorporation)
0-25916 94-3165290
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(Commission File Number) (I.R.S. Employer Identification No.)
3875 Hopyard Road, Suite 375, Pleasanton, California 94588
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(Address of Principal Executive Offices) (Zip Code)
(510) 847-9444
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(Registrant's Telephone Number, Including Area Code)
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(Former Name or Former Address, if Changed Since Last Report)
Item 5. Other Events.
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In a press release disseminated on February 10, 1997, the registrant
publicly announced that it has raised $10 million in a private placement to
certain institutional buyers of convertible subordinated debentures and
warrants. The information which is set forth in the Registrant's Press Release
dated February 10, 1997, filed as Exhibit 99.1 hereto, is incorporated herein by
reference.
Item 7. Financial Statements and Exhibits.
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(c) Exhibits
4.1 Form of Convertible Subordinated Debenture dated
January 28, 1997.
4.2 Form of Warrant dated January 28, 1997.
99.1 Press Release dated February 10, 1997.
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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.
Dated: February 11, 1997
YES! ENTERTAINMENT CORPORATION
By: /s/ BRUCE D. BOWER
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Bruce D. Bower
Executive Vice President,
General Counsel and Secretary
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INDEX TO EXHIBITS
EXHIBIT
NUMBER DESCRIPTION
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4.1 Form of Convertible Subordinated Debenture dated
January 28, 1997.
4.2 Form of Warrant dated January 28, 1997.
99.1 Press Release dated February 10, 1997.
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