-----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, PK/KjHlFup2auWL74+LCKoYBkvkp0dBWZRUXY7ar9g0gXKvQj24YW/QFDhQRfhbl VlIm2h1C7SCVkY0Gj2MVjA== 0000891092-99-000049.txt : 19990215 0000891092-99-000049.hdr.sgml : 19990215 ACCESSION NUMBER: 0000891092-99-000049 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19990212 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19990212 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GEOTEK COMMUNICATIONS INC CENTRAL INDEX KEY: 0000844843 STANDARD INDUSTRIAL CLASSIFICATION: RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663] IRS NUMBER: 222358635 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-11620 FILM NUMBER: 99534442 BUSINESS ADDRESS: STREET 1: 102 CHESTNUT RIDGE RD CITY: MONTVALE STATE: NJ ZIP: 07645 BUSINESS PHONE: 2019309305 MAIL ADDRESS: STREET 1: 102 CHESTNUT RIDGE ROAD CITY: MONTVALE STATE: NJ ZIP: 07465 FORMER COMPANY: FORMER CONFORMED NAME: GEOTEK INDUSTRIES INC DATE OF NAME CHANGE: 19920703 8-K 1 FORM 8-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 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) February 12, 1999 GEOTEK COMMUNICATIONS, INC. (Exact name of registrant as specified in charter) Delaware 0-17581 22-2358635 (State of other jurisdiction (Commission File Number) (IRS Employer of incorporation) Identification No.) 102 Chestnut Ridge Road, Montvale, New Jersey 07645 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code 201-930-9305 N/A (Former name or former address, if changed since last report) Item 5. Other Events On February 12, 1999, Geotek Communications, Inc. (the "Company") issued a press release announcing that on February 12, 1999, the Company agreed to sell all of its 191 900 MHz licenses to Nextel Communications, Inc. for a purchase price of $150 million. The sale is subject to Bankruptcy Court and regulatory approvals. A copy of the press release is attached hereto as Exhibit 99 and incorporated herein by reference. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits (c) Exhibits. (99) Press Release dated February 12, 1999 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. GEOTEK COMMUNICATIONS, INC. Date: February 12, 1999 By: /s/ Anne E. Eisele --------------------------------- Name: Anne E. Eisele Title Chief Financial Officer EX-99 2 PRESS RELEASE DATED FEBRUARY 12, 1999 Contact: 201-930-9305 GEOTEK TO SELL FCC LICENSES TO NEXTEL Montvale, New Jersey - February 12, 1999 - Geotek Communications, Inc. (OTC:GOTKQ), announced today that it has agreed to sell all of its 191 900 MHz licenses to Nextel Communications, Inc. ("Nextel") for a purchase price of $150 million. The sale is subject to Bankruptcy Court and regulatory approvals, including, inter alia, the modification to, or vacation of, a Consent Decree between, among others, Nextel and The United States of America, which limits Nextel's ability to acquire certain of Geotek's FCC licenses. Geotek filed for Chapter 11 protection in June 1998. The sale of its 900 MHz licenses to Nextel is part of its plan to pursue the orderly wind-down of its operations and liquidation of its assets. Geotek's equity holders are not expected to receive any distributions pursuant to the Company's plan of liquidation or reorganization. ### -----END PRIVACY-ENHANCED MESSAGE-----