424B3 1 g72038be424b3.txt VISUAL DATA CORP. RULE 424(B)(3) 1 FILED PURSUANT TO RULE 424(b)(3) AND (c) FILE NUMBER 333-54222 PROSPECTUS SUPPLEMENT TO PROSPECTUS DATED MAY 24, 2001 VISUAL DATA CORPORATION 4,775,674 shares of common stock This document supplements the Prospectus dated May 24, 2001 relating to the resale by the holders of 4,775,674 shares of our common stock. This Prospectus Supplement is incorporated by reference into, and should be read in conjunction with, the Prospectus dated May 24, 2001. The exercise price of the one year warrants to purchase an aggregate of 500,000 shares of our common stock issued to Halifax Fund, LP and Palladin Opportunity Fund, LLC in conjunction with the sale of our 6% convertible debentures has been reduced from $4.00 per share to $.65 per share. The expiration date of these warrants remains December 8, 2001. -------------------------- NEITHER THE SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES COMMISSION HAS APPROVED OR DISAPPROVED OF THESE SECURITIES OR PASSED UPON THE ADEQUACY OR ACCURACY OF THIS PROSPECTUS. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE. ------------------------ The date of this Prospectus Supplement is October 4, 2001. ------------------------