8-K 1 form8-k_10704.txt PALWEB CORPORATION ================================================================================ 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): MAY 8, 2001 PALWEB CORPORATION ------------------ (Exact name of registrant as specified in its charter) DELAWARE 000-26331 75-1984048 -------- --------- ---------- (State or other jurisdiction (Commission File No.) (I.R.S. Employer of incorporation) Identification No.) 1607 WEST COMMERCE STREET, DALLAS, TEXAS 75208 ---------------------------------------- ----- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (214) 698-8330 Former name or former address, if changed since last report: NOT APPLICABLE ================================================================================ ITEM 5. OTHER EVENTS Attached as Exhibit 99.1 is a press release dated May 8, 2001, describing a proposed private placement by the Company of convertible preferred stock and warrants. This press release is being filed pursuant to Rule 135(c) under the Securities Act of 1933, as amended. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS The following exhibit is filed herewith: Exhibit No. Description ----------- ----------- 99.1 Press Release of Company titled, "PalWeb Corporation Signs Letter of Intent for $5,000,000 Private Placement of Convertible Preferred Stock and Warrants" 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 thereunto duly authorized. PALWEB CORPORATION By: /s/ Paul A. Kruger ------------------------------- Date: May 15, 2001 Paul A. Kruger Chairman of the Board and President