-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, SEc08GLHu/Ru3clHuth/PMwZ+7A4bvysvpRKQFjWWC76Kri/TK43y2IQWktwwmDW js2M/C95UzTCLD0X6mb8rQ== 0001157523-03-004839.txt : 20030918 0001157523-03-004839.hdr.sgml : 20030918 20030917175943 ACCESSION NUMBER: 0001157523-03-004839 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030917 ITEM INFORMATION: Financial statements and exhibits ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20030918 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EDT LEARNING INC CENTRAL INDEX KEY: 0001042291 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] IRS NUMBER: 760545043 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13725 FILM NUMBER: 03900145 BUSINESS ADDRESS: STREET 1: 2999 NORTH 44TH STREET STREET 2: SUITE 650 CITY: PHOENIX STATE: AZ ZIP: 85018 BUSINESS PHONE: 6029521200 MAIL ADDRESS: STREET 1: 2999 N 44TH STREET STREET 2: SUITE 650 CITY: PHOENIX STATE: AZ ZIP: 85018 FORMER COMPANY: FORMER CONFORMED NAME: E-DENTIST COM INC DATE OF NAME CHANGE: 20001114 FORMER COMPANY: FORMER CONFORMED NAME: PENTEGRA DENTAL GROUP INC DATE OF NAME CHANGE: 19970822 8-K 1 a4475438.txt EDT LEARNING 8-K ================================================================================ UNITED STATES 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): September 17, 2003 -------------- EDT Learning, Inc. (Exact name of Registrant as specified in its charter) Delaware 1-13725 76-0545043 (State or other jurisdiction (Commission File Number) (I.R.S. Employer of incorporation or organization) Identification No.) 2999 North 44th Street, Suite 650, Phoenix, Arizona 85018 (address of principal executive offices) (Zip code) (602) 952-1200 (Registrant's telephone number, including area code) -------------- ================================================================================ ITEM 7. Financial Statements and Exhibits The following exhibit is filed herewith: Exhibit Number Description - -------------- 99.1 Press release dated September 17, 2003, issued by EDT Learning, Inc. Filed herewith. ITEM 9. Regulation FD Disclosure On September 17, 2003, EDT Learning. Inc. ("the Company") issued a press release, a copy of which is furnished as Exhibit 99.1 to this current report. SIGNATURE 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. EDT Learning, Inc. By: /s/ Brian L. Berry ------------------------------- Vice President of Finance Date: September 17, 2003 EXHIBIT INDEX Exhibit Number Description of Exhibits - ------- ----------------------- 99.1 Copy of press release issued by EDT Learning on September 17, 2003. EX-99 3 a4475438_ex991.txt EDT LEARNING EXHIBIT 99.1 Exhibit 99.1 EDT Learning Closes Private Placement Offering; Company Oversubscribes Offering and Raises $1.5 Million PHOENIX--(BUSINESS WIRE)--Sept. 17, 2003--EDT Learning, Inc. (AMEX:EDT), a leading provider of Web conferencing, virtual classroom and Web collaboration software, today announced that it has completed its private placement of preferred stock. The Company had expected to raise $1.0 million, with the ability to reach as much as $1.5 million in gross proceeds. The Company oversubscribed the Offering and accepted subscriptions with a total gross proceeds of $1.5 million. The Company intends to use the proceeds from this private placement for general corporate purposes. Closing the offering yesterday, the Company sold 30 units at $50,000 each. Each unit consisted of 5,000 shares of preferred stock and a warrant to purchase 25,000 shares of common stock. The preferred stock is convertible into the Company's common stock at a price of $0.50 per share, and the warrants are exercisable at a price of $1.50 per share with a three-year term. The Company will pay an 8% dividend to holders of the preferred stock, and the dividend is cumulative. The preferred stock is non-voting and non-participating. The shares of preferred stock will not be registered under the Securities Act of 1933, as amended, and were offered in a private placement providing exemption from registration. About EDT Learning, Inc. Headquartered in Phoenix, Arizona, EDT Learning (AMEX:EDT) is a leading provider of software and services that help organizations communicate more effectively and efficiently. EDT Learning's software products include: -- iLinc(TM) - iLinc is a suite of software that enables organizations to replace in-person meetings with online collaboration. The suite includes: -- LearnLinc(R), an online training software designed to provide live, instructor-led training and education over the Internet to remote students replicating the instructor-led environment; -- MeetingLinc(TM), an online meeting software designed to facilitate the sharing of documents, PowerPoint(TM) presentations, graphics, and applications between meeting participants without leaving their desks; -- ConferenceLinc(TM), a Web casting software designed to communicate in a one-to-many format, providing professional management of Web conferencing events; and -- SupportLinc(TM), a Web-based technical support software designed to give customer service organizations the ability to provide remote, hands-on support for products, systems, or software applications. iLinc is sold in 13 countries with versions available in six different languages including English, Chinese, German, Japanese, Portuguese, and Spanish. LearnLinc, part of the iLinc suite, won first place at the Synchronous e-Learning Shootout held at Online Learning's Conference in the fall of 2002, winning over such other notable companies as WebEx, PlaceWare, and Interwise. -- i-Canvas(TM) - An award-winning training development software tool that produces Web-based and CD Rom-based courses and software simulations. -- The Executive Training Library - An off-the-shelf online library of content on business-specific topics such as innovation, leadership, and communication, co-developed with respected names in business such as the Tuck School of Business at Dartmouth College. More information is available at www.edtlearning.com. This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from any future results described within the forward-looking statements. Factors that could contribute to such differences include, the rate of acceptance of e-Learning and changes in the e-Learning market in general, use of the Internet, acceptance of new products, the need for working capital, litigation and other matters more fully disclosed in the Company's reports filed with the Securities and Exchange Commission. The forward-looking information provided herein represents the Company's estimates as of the date of the press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release. CONTACT: EDT Learning Inc., Phoenix James M. Powers, Jr., 602-952-1200 -----END PRIVACY-ENHANCED MESSAGE-----