UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN ISSUER PURSUANT TO RULE 13A-16 AND L5D-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(APRIL 4, 2002)
DIVERSINET CORP.
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(Name of Registrant)
2225 Sheppard Avenue East, Suite 1700, Toronto, Ontario M2J 5C2
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(Address of principal executive offices)
1. Press Release dated April 4, 2002
Indicate by check mark whether the Registrant files or will file annual reports
under cover of Form 20-F or Form 40-F
Form 20-F X Form 40-F
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Indicate by check mark whether the Registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934
YES NO XXX
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this Form 6-K to be signed on its behalf by the
undersigned, thereunto duly authorized
DIVERSINET CORP. - SEC FILE NO.0-23304
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(REGISTRANT)
DATE: APRIL 4, 2002 BY: /s/ NAGY MOUSTAFA
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NAGY MOUSTAFA, PRESIDENT & CEO
DIVERSINET
# OF SHARES ISSUED AND OUTSTANDING
31,600,584
FOR IMMEDIATE RELEASE:
DIVERSINET COMPLETES US$3.11 MILLION PRIVATE PLACEMENT FINANCING
TORONTO, CANADA, APRIL 4, 2002 - DIVERSINET CORP. (NASDAQ Small Cap: DVNT), a
leading provider of mobile commerce (m-commerce) security infrastructure
solutions, today announced that it has completed the issue and sale of 5,186,708
units in the capital of the Company at US$0.60 per unit for gross proceeds of
US$3,112,022.
Each unit is comprised of one (1) common share and three-quarters (3/4) of one
common share purchase warrant (each, a "Warrant"). Each Warrant will entitle the
holder thereof to acquire one (1) common share at a price of US$0.72 per common
share for a period of up to three years. The common shares and the common shares
issuable upon exercise of the Warrants cannot be re-sold in the public markets
until a registration statement has been declared effective by the U.S.
Securities and Exchange Commission.
The shares were purchased primarily by institutional investors, and these funds
will be used for working capital and general operations.
ABOUT DIVERSINET CORP. Diversinet is a leading developer of advanced wireless
security software, enabling mobile e-commerce (m-commerce) services with its
wireless security infrastructure solutions. Diversinet's client/server security
software facilitates digital signatures, authentication and encryption with PKI
products specifically designed to perform optimally in wireless environments and
devices. In October of 2001, Diversinet enabled the launch of the first public
Certification Authority in the world to offer mobile individual and business
digital certificates for consumer use. For more information on Diversinet, visit
the company's web site at www.diversinet.com.
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The Private Securities Litigation Reform Act of 1995 provides a "safe harbor"
for forward-looking statements. Certain information included in this press
release (as well as information included in oral statements or other written
statements made or to be made by the company) contains statements that are
forward-looking, such as statements relating to anticipated future revenues of
the company and success of current product offerings. Such forward-looking
information involves important risks and uncertainties that could significantly
affect anticipated results in the future and, accordingly, such results may
differ materially from those expressed in any forward-looking statements made by
or on behalf of the company. For a description of additional risks and
uncertainties, please refer to the company's filings with the Securities and
Exchange Commission.
FOR MORE INFORMATION:
David Hackett
Chief Financial Officer, Diversinet Corp.
Tel: (416) 756-2324, ext. 275
Or
Sandra Lemaitre
Marketing Communications Manager, Diversinet Corp.
Tel: (416) 756-2324, ext. 324
Email: pr@diversinet.com
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