8-K 1 r12764.htm FORM 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): July 7, 2006

 

The Knot Inc.

(Exact Name of Registrant as Specified in its Charter)

 

DE

000-28271

13-3895178

(State or other Jurisdiction
of Incorporation)

(Commission File Number)

(I.R.S. Employer
Identification No.)

 

462 Broadway, 6th Floor
New York, NY

10013

(Address of Principal Executive Offices)

(Zip Code)

 

Registrant's telephone number, including area code: (212) 219-8555

 


(Former name or former address, if changed from last report)

 

_____________________

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 



 

 

Item 1.01 Entry into a Material Definitive Agreement

 

On July 7, 2006, The Knot, Inc. entered into definitive agreements relating to a private placement of 2,750,000 newly-issued shares of common stock to institutional investors at a price of $18.25 per share. The investors are funds and accounts advised by Ashford Capital Management, Inc., Capital Research and Management Company, and T. Rowe Price Associates, Inc. The aggregate gross proceeds will be $50,187,500, before placement fees and offering expenses. Allen & Company LLC is acting as placement agent and will receive a fee of $2,509,375. The transaction is expected to close on July 10, 2006. The private placement will be made under the exemption from registration provided by Section 4(2) of Securities Act of 1933 because the transaction complies with the requirements of Rule 506 of Regulation D promulgated under the Securities Act of 1933.

The Knot intends to use the net proceeds from this private placement for general corporate purposes. As previously announced, The Knot intends to finance part of the cash portion of the purchase price of its proposed acquisition of WeddingChannel.com, Inc. through a public offering of its common stock.

The shares of the common stock to be issued in the private placement will not be registered under the Securities Act of 1933 and may not be subsequently offered or sold by the investors in the United States absent registration or an applicable exemption from the registration requirements. The Knot has agreed to file a registration statement covering resales of the common stock by the investors.

This report does not constitute an offer of any securities for sale.

A copy of The Knot’s press release announcing the private placement is attached as Exhibit 99.1 hereto and is incorporated by reference into this report.

 

 

 

 

 

Item 3.02 Unregistered Sales of Equity Securities

 

The information contained in Item 1.01 of this report is incorporated by reference herein.

 

 

 

 

Item 9.01 Financial Statements and Exhibits

 

(d) Exhibits

99.1 Press Release dated July 10, 2006.

 

 

 

 

 



 

 

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.

 

 

The Knot Inc.

(Registrant)

 

Date: July 10, 2006

By:

/s/ Richard E. Szefc

 

 

Chief Financial Officer, Treasurer and Secretary

 

 



 

 

EXHIBIT INDEX

 

EX-99.1

Press Release dated July 10, 2006