1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K/A1 -------------------------- CURRENT REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of Earliest Event Reported): DECEMBER 31, 1997 -------------------------- WHEELS SPORTS GROUP, INC. (Exact name of registrant as specified in its charter) NORTH CAROLINA 0-22321 56-2007717 (State of Incorporation) (Commission File No.) (I.R.S. Employer Identification No.) 149 GASOLINE ALLEY DRIVE MOORESVILLE, NORTH CAROLINA 28115 (Address of principal executive offices) (704) 662-6442 (Registrant's telephone number, including area code) 1368 SALISBURY ROAD MOCKSVILLE, NORTH CAROLINA 27028 (Former address, if changed since last report) 2 ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. (c) The following exhibits are furnished herewith in accordance with the provisions of Item 601 of Regulation S-K: Reg. S-K Exhibit No. Description Item No. - ----------- ----------- --------- * 2.4 Merger Agreement and Plan of Reorganization among SM Acquisition 2 Company, J/B Acquisition Company, Wheels Sport Group, Inc., Synergy Marketing, Inc. and J/B Press Pass, Inc., dated October 3, 1997. * 2.4.1 Amendment to Merger Agreement and Plan of Reorganization 2 among SM Acquisition Company, J/B Acquisition Company, Wheels Sport Group, Inc., Synergy Marketing, Inc. and J/B Press Pass, Inc., dated December 29, 1997. * 2.4.2 Registration Rights Agreement, dated December 31, 1997, by and 2 among the Company and the shareholders of the partners of Press Pass. * 10.1.12 Employment Agreement, dated October 3, 1997 and effective 10 December 31, 1997, by and between Victor Shaffer and the Company. * 10.1.13 Employment Agreement, dated October 3, 1997 and effective 10 December 31, 1997, by and between Robert Bove and the Company. * 10.15.4 Form of Promissory Note, issued in the aggregate principal 10 amount of $1,000,000, dated December 31, 1997, from the Company to shareholders of Synergy Marketing, Inc. and J/B Press Pass, Inc. + 10.16.1 Credit Agreement, dated December 31, 1997, among the Company 10 and Credit Agricole Indosuez, as agent, and the lending institutions named therein. + 10.16.2 Warrant, dated December 29, 1997, granted by the Company to 10 Credit Agricole Indosuez, to purchase up to 509,358 shares of Common Stock. * Previously filed with the Company's Form 8-K filed on October 17, 1997. + Filed herewith. 2 3 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. WHEELS SPORTS GROUP, INC. Date: January 26, 1998 By: /s/ Howard L. Correll, Jr. ------------------------------------ Howard L. Correll, Jr., Chairman of the Board, Chief Executive Officer and President 3 4 EXHIBIT INDEX Reg. S-K Exhibit No. Description Item No. - ----------- ----------- --------- + 10.16.1 Credit Agreement, dated December 31, 1997, among the Company 10 and Credit Agricole Indosuez, as agent, and the lending institutions named therein. + 10.16.2 Warrant, dated December 29, 1997, granted by the Company to 10 Credit Agricole Indosuez, to purchase up to 509,358 shares of Common Stock.