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: July 16, 2003

 

DIGITAL RIVER, INC.

(Exact Name Of Registrant As Specified In Its Charter)

 

Delaware

 

000-24643

 

41-1901640

(State or other jurisdiction
of incorporation)

 

(Commission File
Number)

 

(IRS Employer
Identification No.)

 

 

 

 

 

9625 West 76th Street, Suite 150, Eden Prairie, Minnesota   55344

(Address of principal executive offices)  (Zip Code)

 

 

 

 

 

(Registrant’s telephone number, including area code): (952) 253-1234

 

 



 

Item 5.  Other Events.

 

On July 16, 2003, we entered into an Underwriting Agreement with Deutsche Bank Securities, Inc. and the other underwriters named in Schedule I thereto, relating to the sale of 2,100,000 shares of our common stock (or 2,410,000 shares if the underwriters’ over-allotment option is exercised in full), at a purchase price to the underwriters of $20.80 per share. The initial offering price to the public will be $21.35 per share. The offering of the shares will be made by means of a prospectus, a copy of which may be obtained from Deutsche Bank Securities, Inc. This prospectus, which consists of a prospectus supplement, dated July 16, 2003, and a base prospectus dated February 12, 2002, has been filed with the SEC. A press release dated July 17, 2003 announcing the offering is attached as Exhibit 99.1 hereto.

 

Item 7.  Financial Statement, Pro Forma Financial Information and Exhibits

 

(c) Exhibits

 

1.1

 

Underwriting Agreement, dated July 16, 2003, by and among Digital River, Inc., Deutsche Bank Securities Inc. and the other underwriters named in Schedule I thereto.

 

 

 

5.1

 

Opinion of Howard, Rice, Nemerovski, Canady, Falk & Rabkin, a Professional Corporation.

 

 

 

23.1

 

Consent of Howard, Rice, Nemerovski, Canady, Falk & Rabkin, a Professional Corporation. Included in Exhibit 5.1

 

 

 

99.1

 

Press release of Digital River, Inc., dated July 17, 2003.

 

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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.

 

 

 

DIGITAL RIVER, INC.

 

 

 

 

 

By:

  /s/ Carter D. Hicks

 

 

Name:  Carter D. Hicks

 

 

Title:  Chief Financial Officer

 

 

Date:  July 16, 2003

 

 

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Exhibit Index

 

Exhibit No.

 

Description

 

 

 

1.1

 

Underwriting Agreement, dated July 16, 2003, by and among Digital River, Inc., Deutsche Bank Securities Inc. and the other underwriters named in Schedule I thereto.

 

 

 

5.1

 

Opinion of Howard, Rice, Nemerovski, Canady, Falk & Rabkin, a Professional Corporation.

 

 

 

23.1

 

Consent of Howard, Rice, Nemerovski, Canady, Falk & Rabkin, a Professional Corporation. Included in Exhibit 5.1

 

 

 

99.1

 

Press release of Digital River, Inc., dated July 17, 2003.

 

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