SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K/A
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): November 28, 2001
InteliData Technologies Corporation
(Exact Name of Registrant as Specified in its Charter)
Delaware 000-21685 54-1820617
(State of Incorporation) (Commission File Number) (IRS Employer
Identification No.)
11600 Sunrise Valley Drive
Suite 100
Reston, Virginia 20191
(Address of principal executive offices)
(703) 259-3000
(Registrant's telephone number, including area code)
Item 5. OTHER EVENTS.
On November 28, 2001, InteliData Technologies Corporation, a Delaware
corporation ("InteliData"), closed on the private placement sale of an aggregate
of 2,712,727 shares of its common stock for a price per share of $2.75 per
share, and warrants exercisable for the purchase of 1,356,364 shares of its
common stock, at an exercise price per share of $2.75 per share, resulting in
gross proceeds of approximately $7,460,000. The placement agent in the
transaction received approximately $447,600 in commissions and a warrant to
purchase 271,273 shares of InteliData's common stock for a price per share of
$2.75 per share.
The purpose of this Form 8-K/A is to report that on December 5, 2001,
InteliData closed on the private placement sale of an additional 150,000 shares
of its common stock for a price per share of $2.75, and warrants exercisable for
the purchase of 75,000 shares of its common stock, at an exercise price of $2.75
per share, resulting in additional gross proceeds of $412,500. The placement
agent in this second closing received approximately $24,750 in commissions and a
warrant to purchase an additional 15,000 shares of InteliData's common stock for
a price of $2.75 per share.
Neither the shares nor the warrants sold have been registered under the
Securities Act of 1933 (the "Act"), and were offered in reliance upon the
exemption under Section 4(2) of the Act and the provisions of Regulation D
promulgated thereunder. The net funds raised will be used for general corporate
purposes.
Item 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND
EXHIBITS.
Not applicable.
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.
InteliData Technologies Corporation
(Registrant)
By: /s/ Alfred S. Dominick, Jr.
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Alfred S. Dominick, Jr.
President and Chief Executive Officer
Date: December 6, 2001