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:
June 20, 2003
MOBILEPRO CORP.
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(Exact Name of Registrant as Specified in Charter)
Delaware 002-97869-D 87-0419571
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(State of Incorporation) (Commission File (IRS Employer
Number) Identification No.)
30 West Gude Drive, Suite 480
Rockville , MD 20850
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(Address of principal executive offices) (Zip Code)
(301) 315-9040
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(Registrant's telephone number)
Item 5. Other Events.
On June 20, 2003, the Company announced in a press release that it entered into
a Memorandum of Understanding with GBH telecom, LLC, a development stage company
headquartered in Arlington, Virginia, under which it intends to acquire GBH
telecom, LLC in a proposed tax-free exchange of stock. The projected closing
date for the transaction is July 3, 2003. Under the terms of the MOU, upon
completion of the proposed transaction, GBH shareholders will own the majority
of the Company's issued and outstanding common stock and have voting control of
the Company. A copy of this press release is attached hereto as Exhibit 99.1 and
is incorporated herein by reference.
(c) Exhibits.
Exhibit No.
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99.1 Press Release dated June 20, 2003
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.
By: /s/ Arne Dunhem
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Arne Dunhem
President and Chief Executive Officer
MOBILEPRO CORP.
Date: June 20, 2003